International Competitiveness Of Export Oriented Industries In Bulgaria

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International Competitiveness of Export-Oriented Industries in Bulgaria

Author : Antoaneta Vassileva
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis International Competitiveness of Export-Oriented Industries in Bulgaria by : Antoaneta Vassileva

Download or read book International Competitiveness of Export-Oriented Industries in Bulgaria written by Antoaneta Vassileva and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: With increasing globalization and Bulgaria's accession into the European Union (EU), the question how to improve the country's international competitiveness has become very important and urgent. The aim of the paper is to present the results of a research on the past decade's competitiveness of Bulgarian export-oriented sectors, enjoying good positions in local and international markets and having a high development potential. The first part of the article presents a comprehensive review of the concept of competitiveness -- its definitions, factors, and measurements at national, industry, and firm level. On the basis of the theoretical considerations, an empirical analysis on the current state of competitiveness of the selected export-oriented industries is performed. These include metallurgy, machine building, chemicals, clothing and textiles, furniture, wine production, tobacco, and food processing. The research answers the following questions: What are the major competitive advantages of Bulgarian export-oriented industries on the world market? What are their disadvantages? How did they change over the period 2002-2012, and what steps should be taken to meet the challenges? The employed methods of analysis are both quantitative -- calculating various production, trade, and price indices, and qualitative -- carrying out a survey among top managers of firms operating in the selected industries across all the regions of the country.Results show that the country's competitiveness on international level has gradually improved but still remains at a comparatively low level as Bulgarian producers compete mostly on the price, invest very little in research and development (R&D), rely on low labor costs, and produce goods with low added value. The paper looks into the specific challenges to competitiveness faced by different sectors and the implications of addressing them. In conclusion, it puts forward some recommendations for boosting Bulgaria's international competitiveness which are aimed at key stakeholders: companies, central and local government, and institutions promoting cooperation.

The Competitiveness of Bulgarian Export Industries

Author : Atanas Gotchev
Publisher :
ISBN 13 :
Total Pages : 147 pages
Book Rating : 4.:/5 (246 download)

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Book Synopsis The Competitiveness of Bulgarian Export Industries by : Atanas Gotchev

Download or read book The Competitiveness of Bulgarian Export Industries written by Atanas Gotchev and published by . This book was released on 1997 with total page 147 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Competitiveness of the Bulgarian Economy

Author : Konstantin V. Pashev
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Competitiveness of the Bulgarian Economy by : Konstantin V. Pashev

Download or read book Competitiveness of the Bulgarian Economy written by Konstantin V. Pashev and published by . This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper studies Bulgaria's cost and trade competitiveness in the triple challenge of transition, accession to the EU and currency board arrangement. It studies unit labor cost (ULC) dynamics in the industrial sectors and their impact on export shares. Bulgaria's textile and apparel industries scored considerable competitive gains in the period 1997-2002 both in terms of ULC and export share. Those seem to reflect mainly significant drop in wages rather than productivity gains. Conversely, in footwear industry export expansion occurred despite deteriorated ULC. Other traditional export earners such as ferrous metals preserve their leading share in export receipts, but show deterioration in export/import ratio. This mixed evidence should be accepted as indicative and preliminary, rather than conclusive, due to the large share of the shadow economy and underreporting of labor costs. Emerging patterns of competitive advantages and export specialization, however clearly show, that Bulgaria has not entered yet into competition in differentiated products. It rather sustains and develops competitive advantages in the homogenous labor-intensive and material-intensive products, where cost competitiveness has primary importance. In this context the major short-term challenges in the policy agenda of competitiveness are seen here in increasing labor market flexibility, alleviation of payroll tax burden, reduction of administrative and regulatory costs of doing business and liberalization of the market of services. In the medium and long run the major policy challenge would be to facilitate the transition of the manufacturing sector from competition in homogenous material and labor intensive products into technology and knowledge intensive products. This would depend on the economic policy's capacity to encourage technology diffusion and innovation.

Clusters of Competitiveness

Author : Raj Nallari
Publisher : World Bank Publications
ISBN 13 : 1464800499
Total Pages : 150 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Clusters of Competitiveness by : Raj Nallari

Download or read book Clusters of Competitiveness written by Raj Nallari and published by World Bank Publications. This book was released on 2013-08-28 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt: Competition, competitiveness, innovation and growth are inherently linked. This book covers the main ideas underlying competitiveness and its applications, drawing lessons for developing economies and relevant policy recommendations.

Bulgaria

Author : International Monetary Fund
Publisher : International Monetary Fund
ISBN 13 : 1462343589
Total Pages : 62 pages
Book Rating : 4.4/5 (623 download)

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Book Synopsis Bulgaria by : International Monetary Fund

Download or read book Bulgaria written by International Monetary Fund and published by International Monetary Fund. This book was released on 2011-07-15 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.

The Order of Economic Liberalization

Author : Ronald I. Mckinnon
Publisher : JHU Press
ISBN 13 : 9780801847431
Total Pages : 260 pages
Book Rating : 4.8/5 (474 download)

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Book Synopsis The Order of Economic Liberalization by : Ronald I. Mckinnon

Download or read book The Order of Economic Liberalization written by Ronald I. Mckinnon and published by JHU Press. This book was released on 1993-10 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: Can knowledge of financial policies in developing countries over four decades help the socialist economies of Asia and Eastern Europe become open market economies in the 1990s? In all these countries the loss of fiscal and monetary control has often resulted in high inflation that undermines the liberalization process itself. In the second edition of The Order of Economic Liberalization, Ronald McKinnon builds on his influential work on the liberalization of financial markets in less developed countries and outlines the progression necessary to move from a "repressed" to an open economy. New to this edition are chapters that contrast the gradual Chinese approach to liberalizing domestic and foreign trade with the "big bang" approach followed by some Eastern European countries and republics of the former Soviet Union. Financial control and macroeconomic stability, McKinnon argues, are more critical to a successful transition than is any crash program to privatize state-owned industrial assets and the banking system.

Economic Crisis, Development and Competitiveness in Southeastern Europe

Author : Anastasios Karasavvoglou
Publisher : Springer
ISBN 13 : 3319403222
Total Pages : 164 pages
Book Rating : 4.3/5 (194 download)

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Book Synopsis Economic Crisis, Development and Competitiveness in Southeastern Europe by : Anastasios Karasavvoglou

Download or read book Economic Crisis, Development and Competitiveness in Southeastern Europe written by Anastasios Karasavvoglou and published by Springer. This book was released on 2016-09-08 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyzes the foundations and means of overcoming the current crisis in the broader area of Southeast Europe. The contributions make proposals from both theoretical and empirical points of view and discuss the concept, determinants and policies of competitiveness in these countries. The financial crisis became a prolonged fiscal crisis, a bank confidence crisis, and economic recession, and the book discusses the European and national policies implemented to resolve it. It also investigates the internal conflicts generated by institutional arrangements and policy measures, both within the nation states and the eurozone. Economic competitiveness is a key topic for policymakers, as they have to secure economic growth and improve their populations’ standards of living. This volume sheds light on what constitutes economic competitiveness, as well as on the policies and economic and institutional structures that improve competitiveness.

Bulgaria's Integration Into the Pan-European Economy and Industrial Restructuring

Author : Bart?omiej Kami?ski
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 52 pages
Book Rating : 4./5 ( download)

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Book Synopsis Bulgaria's Integration Into the Pan-European Economy and Industrial Restructuring by : Bart?omiej Kami?ski

Download or read book Bulgaria's Integration Into the Pan-European Economy and Industrial Restructuring written by Bart?omiej Kami?ski and published by World Bank Publications. This book was released on 2006 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: (3) Exports of unskilled labor-intensive products continue towering over other exports even during the current expansionary phase. The composition of top performers in EU markets indicates the shift toward natural resource and capital-intensive products. Bulgaria's export offer in EU markets has begun shifting toward more processed goods, mostly products of electro-engineering sectors. Bulgarian producers have made significant strides in information communication technology products and automotive parts. Trade in parts and engineering products has displayed strong growth. The returns usually associated with liberal reforms, that is, gains in competitiveness combined with a shift toward products in line with the country's endowments in production factors began to surface only recently. In contrast to the period preceding the second transformational recession in 1996-97, gains in competitiveness derive from corporate and industrial restructuring and not from subsidies. "

Trouble in the Making?

Author : Mary Hallward-Driemeier
Publisher : World Bank Publications
ISBN 13 : 1464811938
Total Pages : 288 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Trouble in the Making? by : Mary Hallward-Driemeier

Download or read book Trouble in the Making? written by Mary Hallward-Driemeier and published by World Bank Publications. This book was released on 2017-10-12 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Technology and globalization are threatening manufacturing’s traditional ability to deliver both productivity and jobs at a large scale for unskilled workers. Concerns about widening inequality within and across countries are raising questions about whether interventions are needed and how effective they could be. Trouble in the Making? The Future of Manufacturing-Led Development addresses three questions: - How has the global manufacturing landscape changed and why does this matter for development opportunities? - How are emerging trends in technology and globalization likely to shape the feasibility and desirability of manufacturing-led development in the future? - If low wages are going to be less important in defining competitiveness, how can less industrialized countries make the most of new opportunities that shifting technologies and globalization patterns may bring? The book examines the impacts of new technologies (i.e., the Internet of Things, 3-D printing, and advanced robotics), rising international competition, and increased servicification on manufacturing productivity and employment. The aim is to inform policy choices for countries currently producing and for those seeking to enter new manufacturing markets. Increased polarization is a risk, but the book analyzes ways to go beyond focusing on potential disruptions to position workers, firms, and locations for new opportunities. www.worldbank.org/futureofmanufacturing

The Return of the Policy That Shall Not Be Named: Principles of Industrial Policy

Author : Reda Cherif
Publisher : International Monetary Fund
ISBN 13 : 1498305563
Total Pages : 79 pages
Book Rating : 4.4/5 (983 download)

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Book Synopsis The Return of the Policy That Shall Not Be Named: Principles of Industrial Policy by : Reda Cherif

Download or read book The Return of the Policy That Shall Not Be Named: Principles of Industrial Policy written by Reda Cherif and published by International Monetary Fund. This book was released on 2019-03-26 with total page 79 pages. Available in PDF, EPUB and Kindle. Book excerpt: Industrial policy is tainted with bad reputation among policymakers and academics and is often viewed as the road to perdition for developing economies. Yet the success of the Asian Miracles with industrial policy stands as an uncomfortable story that many ignore or claim it cannot be replicated. Using a theory and empirical evidence, we argue that one can learn more from miracles than failures. We suggest three key principles behind their success: (i) the support of domestic producers in sophisticated industries, beyond the initial comparative advantage; (ii) export orientation; and (iii) the pursuit of fierce competition with strict accountability.

Global Investment Competitiveness Report 2017/2018

Author : World Bank Group
Publisher : World Bank Publications
ISBN 13 : 1464811857
Total Pages : 281 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Global Investment Competitiveness Report 2017/2018 by : World Bank Group

Download or read book Global Investment Competitiveness Report 2017/2018 written by World Bank Group and published by World Bank Publications. This book was released on 2017-10-25 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Global Investment Competitiveness report presents new insights and evidence on drivers of foreign direct investment (FDI) in developing countries, and FDI’s role in development. The report’s survey of 750 executives of multinational corporations finds that a business-friendly legal and regulatory environment is a key driver of investment decisions in developing countries, along with political stability, security, and macroeconomic conditions. The report’s topic-specific chapters explore the potential of FDI to create new growth opportunities for local firms, assess the power of tax holidays and other fiscal incentives to attract FDI, analyze characteristics of FDI originating in developing countries, and examine the experience of foreign investors in countries affected by conflict and fragility. Three key features of this Global Investment Competitiveness report distinguish it from other publications on FDI. First, its insights are based on a combination of first-hand perspectives of investors, extensive analysis of available data and evidence, and international good practices in investment policy design and implementation. Secondly, rather than exploring broad FDI trends, the report provides detailed and unique analysis of FDI depending on its motivation, sector, geographic origin and destination, and phase of investment. Thirdly, the report offers practical and actionable recommendations to policymakers in developing countries wishing to reform their business climates for increased investment competitiveness. As such, the report is meant to complement other knowledge products of the World Bank Group focused even more explicitly on country-level data, detailed reform diagnostics, and presentation of best practices. We are confident this report will bring value and fresh perspectives to a variety of audiences. To governments and policymakers, including investment promotion professionals, the report offers direct insights into the role of government policies and actions in investors’ decision-making. To foreign investors and site location consultants, the report provides information on FDI trends and drivers across sectors and geographies. For academic audiences, the new datasets on investment incentives and FDI motivations enables opportunities for additional research and analysis. Lastly, for development assistance providers and other stakeholders, the report highlights key approaches for maximizing FDI’s benefits for development.

Changing Patterns of Global Trade

Author : Nagwa Riad
Publisher : International Monetary Fund
ISBN 13 : 1463973101
Total Pages : 87 pages
Book Rating : 4.4/5 (639 download)

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Book Synopsis Changing Patterns of Global Trade by : Nagwa Riad

Download or read book Changing Patterns of Global Trade written by Nagwa Riad and published by International Monetary Fund. This book was released on 2012-01-15 with total page 87 pages. Available in PDF, EPUB and Kindle. Book excerpt: Changing Patterns of Global Trade outlines the factors underlying important shifts in global trade that have occurred in recent decades. The emergence of global supply chains and their increasing role in trade patterns allowed emerging market economies to boost their inputs in high-technology exports and is associated with increased trade interconnectedness.The analysis points to one important trend taking place over the last decade: the emergence of China as a major systemically important trading hub, reflecting not only the size of trade but also the increase in number of its significant trading partners.

World Development Report 2020

Author : World Bank
Publisher : World Bank Publications
ISBN 13 : 1464814953
Total Pages : 511 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis World Development Report 2020 by : World Bank

Download or read book World Development Report 2020 written by World Bank and published by World Bank Publications. This book was released on 2019-11-19 with total page 511 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global value chains (GVCs) powered the surge of international trade after 1990 and now account for almost half of all trade. This shift enabled an unprecedented economic convergence: poor countries grew rapidly and began to catch up with richer countries. Since the 2008 global financial crisis, however, the growth of trade has been sluggish and the expansion of GVCs has stalled. Meanwhile, serious threats have emerged to the model of trade-led growth. New technologies could draw production closer to the consumer and reduce the demand for labor. And trade conflicts among large countries could lead to a retrenchment or a segmentation of GVCs. World Development Report 2020: Trading for Development in the Age of Global Value Chains examines whether there is still a path to development through GVCs and trade. It concludes that technological change is, at this stage, more a boon than a curse. GVCs can continue to boost growth, create better jobs, and reduce poverty provided that developing countries implement deeper reforms to promote GVC participation; industrial countries pursue open, predictable policies; and all countries revive multilateral cooperation.

Capital Markets and Portfolio Investment

Author :
Publisher : Indonesia National Development Information Office
ISBN 13 :
Total Pages : 64 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Capital Markets and Portfolio Investment by :

Download or read book Capital Markets and Portfolio Investment written by and published by Indonesia National Development Information Office. This book was released on 1996 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Economics of Knowledge, Innovation and Systemic Technology Policy

Author : Francesco Crespi
Publisher : Routledge
ISBN 13 : 1134468881
Total Pages : 467 pages
Book Rating : 4.1/5 (344 download)

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Book Synopsis The Economics of Knowledge, Innovation and Systemic Technology Policy by : Francesco Crespi

Download or read book The Economics of Knowledge, Innovation and Systemic Technology Policy written by Francesco Crespi and published by Routledge. This book was released on 2015-05-15 with total page 467 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is wide consensus on the importance of knowledge for economic growth and local development patterns. This book proposes a view of knowledge as a collective, systemic and evolutionary process that enables agents and social systems to overcome the challenges of the limits to growth. It brings together new conceptual and empirical contributions, analysing the relationship between demand and supply factors and the rate and direction of technological change. It also examines the different elements that compose innovation systems. The Economics of Knowledge, Innovation and Systemic Technology Policy provides the background for the development of an integrated framework for the analysis of systemic policy instruments and their mutual interaction the socio-political and economic conditions of the surrounding environment. These aspects have long been neglected in innovation policy, as policymakers, academics and the business community, have mostly emphasized the benefits of supply side strategies. However, a better understanding of innovation policies grafted on a complexity-based approach calls for the appreciation of the mutual interactions between both supply and demand aspects, and it is likely to improve the actual design of policy measures. This book will help readers to understand the foundations and working of demand-driven innovation policies by stressing the importance of compent and smart demand.

Annual Report on the Activities of the International Trade Centre UNCTAD/WTO

Author : International Trade Centre UNCTAD/WTO.
Publisher :
ISBN 13 :
Total Pages : 112 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Annual Report on the Activities of the International Trade Centre UNCTAD/WTO by : International Trade Centre UNCTAD/WTO.

Download or read book Annual Report on the Activities of the International Trade Centre UNCTAD/WTO written by International Trade Centre UNCTAD/WTO. and published by . This book was released on 2003 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt:

A Basic Guide to Exporting

Author : Jason Katzman
Publisher : Skyhorse Publishing Inc.
ISBN 13 : 1616081112
Total Pages : 385 pages
Book Rating : 4.6/5 (16 download)

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Book Synopsis A Basic Guide to Exporting by : Jason Katzman

Download or read book A Basic Guide to Exporting written by Jason Katzman and published by Skyhorse Publishing Inc.. This book was released on 2011-03-23 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: Here is practical advice for anyone who wants to build their business by selling overseas. The International Trade Administration covers key topics such as marketing, legal issues, customs, and more. With real-life examples and a full index, A Basic Guide to Exporting provides expert advice and practical solutions to meet all of your exporting needs.