STRUCTURAL ECONOMIC CHANGES – DIFFERENCES IN THE APPROACHES

The ability of an economy to adapt to changing economic conditions through the implementation of structural changes is linked to its ability to effectively generate economic growth. The need to know the intensity and direction of favourable structural changes is of key importance for achieving their...

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Main Author: S. Totev
Format: Article
Language:English
Published: Trakia University 2019-10-01
Series:Trakia Journal of Sciences
Subjects:
Online Access:http://tru.uni-sz.bg/tsj/Volume%2017,%202019,%20Supplement%201,%20Series%20Social%20Sciences/1/za%20pe4at/1.pdf
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spelling doaj-416d5133198642d1bd5c82243a4319fa2021-04-15T07:02:41ZengTrakia UniversityTrakia Journal of Sciences1313-35512019-10-0117Suppl. 11410.15547/tjs.2019.s.01.001STRUCTURAL ECONOMIC CHANGES – DIFFERENCES IN THE APPROACHESS. TotevThe ability of an economy to adapt to changing economic conditions through the implementation of structural changes is linked to its ability to effectively generate economic growth. The need to know the intensity and direction of favourable structural changes is of key importance for achieving their high efficiency. In the article, a critical analysis of the different structural economic policies is made, taking into account the consequences of implementing the ones that are not in line with the real economic circumstances. Examples of so-called premature deindustrialisation as a result of inadequate structural policy are also considered. In conclusion, the vision of the role of the state in the conduct of a structural economic policy to achieve favourable economic results is presented.http://tru.uni-sz.bg/tsj/Volume%2017,%202019,%20Supplement%201,%20Series%20Social%20Sciences/1/za%20pe4at/1.pdfeconomic efficiencycomparative advantagesstructural policypremature deindustrialisation
collection DOAJ
language English
format Article
sources DOAJ
author S. Totev
spellingShingle S. Totev
STRUCTURAL ECONOMIC CHANGES – DIFFERENCES IN THE APPROACHES
Trakia Journal of Sciences
economic efficiency
comparative advantages
structural policy
premature deindustrialisation
author_facet S. Totev
author_sort S. Totev
title STRUCTURAL ECONOMIC CHANGES – DIFFERENCES IN THE APPROACHES
title_short STRUCTURAL ECONOMIC CHANGES – DIFFERENCES IN THE APPROACHES
title_full STRUCTURAL ECONOMIC CHANGES – DIFFERENCES IN THE APPROACHES
title_fullStr STRUCTURAL ECONOMIC CHANGES – DIFFERENCES IN THE APPROACHES
title_full_unstemmed STRUCTURAL ECONOMIC CHANGES – DIFFERENCES IN THE APPROACHES
title_sort structural economic changes – differences in the approaches
publisher Trakia University
series Trakia Journal of Sciences
issn 1313-3551
publishDate 2019-10-01
description The ability of an economy to adapt to changing economic conditions through the implementation of structural changes is linked to its ability to effectively generate economic growth. The need to know the intensity and direction of favourable structural changes is of key importance for achieving their high efficiency. In the article, a critical analysis of the different structural economic policies is made, taking into account the consequences of implementing the ones that are not in line with the real economic circumstances. Examples of so-called premature deindustrialisation as a result of inadequate structural policy are also considered. In conclusion, the vision of the role of the state in the conduct of a structural economic policy to achieve favourable economic results is presented.
topic economic efficiency
comparative advantages
structural policy
premature deindustrialisation
url http://tru.uni-sz.bg/tsj/Volume%2017,%202019,%20Supplement%201,%20Series%20Social%20Sciences/1/za%20pe4at/1.pdf
work_keys_str_mv AT stotev structuraleconomicchangesdifferencesintheapproaches
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