THE REPUBLIC OF BULGARIA DEVELOPMENT WITH REGARD TO GEO-FINANCE RISKS: YESTERDAY, TODAY AND TOMORROW
https://doi.org/10.21686/2413-2829-2017-3-185-191
Abstract
On the basis of statistic analysis and comparative characteristic the article describes negative risks and consequences of acute geo-finance policy of the Republic of Bulgaria in 2016. International finance and economic policy and Euro-integration of Bulgaria in conditions of the Currency Board, growing indebtedness with effective membership of the country in the EU and continuous finance dependence on the World Bank, WMF and ECB provide an opportunity to trace the development of the country. According to the authors the Republic future is closely connected with possibility of Bulgarian society economic growth, which ought to be fast, otherwise ‘the country of roses’ will become the 1-st country in the world that will be destroyed completely and wiped off the face of the earth without any war conflict but with the help of economic restrictions and certain mechanisms used deliberately.
About the Authors
Evgeniy V. Afanasyev
Plekhanov Russian University of Economics
Russian Federation
Russian Federation
Doctor of Economics, Professor of the Department for Management, Insurance and Securities of the PRUE
36 Stremyanny Lane, Moscow, 117997, Russian Federation
Ivan P. Ivanov
Plekhanov Russian University of Economics
Russian Federation
Russian Federation
Post-Graduate Student of the Department for Risk Management, Insurance and Securities of the PRUE
36 Stremyanny Lane, Moscow, 117997, Russian Federation
References
1. Vuchev D. Standard & Poor's (S&P) ponizhi reytinga na B'lgariya do spekulativen. (On Bulgarian). Available at: http://www.investor.bg/ikonomika-i-politika/332/a/sp- ponijireitinga-na-bylgariia-do-spekulativniia-klas-bb-185560/
2. Kolev S., Popova D. Brutniya v'nshen d'lg narastva do 76,7% ot BVP v kraya na Yuni. (On Bulgarian). Available at: http://www.investor.bg/bylgariia/5/a/brutniiat-vynshen-dylgnarastva-do-767-ot-bvp-v-kraia-na-iuni-223485/
3. Pekhlivanov I. B'lgariya, koyato izgubikhme. (On Bulgarian). Available at: http://bgistoria.jimdo.com/%D0%B1%D1%8A%D0%BB%D0%B3%D0%B0%D1%80%D0%B8%D1%8F-%D0%BA%D0%BE%D1%8F%D1%82%D0%BE-%D0%B8%D0%B7%D0%B3%D1%83%D0%B1%D0%B8%D1%85%D0%BC%D0%B5/
Review
For citations:
Afanasyev E.V., Ivanov I.P. THE REPUBLIC OF BULGARIA DEVELOPMENT WITH REGARD TO GEO-FINANCE RISKS: YESTERDAY, TODAY AND TOMORROW. Vestnik of the Plekhanov Russian University of Economics. 2017;(3):185-191. (In Russ.) https://doi.org/10.21686/2413-2829-2017-3-185-191
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