Impacts of and experience with EU membership of the countries of Central, Eastern and South - Eastern Europe. Country study on Bulgaria

The current paper focuses on the issues Bulgaria faced and is still facing in the process of joining and being a full-fledged member of the European Union in the context of ongoing economic obstacles. By spotlighting on different macroeconomic aspects, the article examines changes and fluctuations o...

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Bibliographic Details
Main Author: Nadya YORGOVA
Format: Article
Language:English
Published: Alexandru Ioan Cuza University of Iasi 2011-12-01
Series:Eastern Journal of European Studies
Subjects:
Online Access:http://www.ejes.uaic.ro/articles/EJES2011_0202_YOR.pdf
Description
Summary:The current paper focuses on the issues Bulgaria faced and is still facing in the process of joining and being a full-fledged member of the European Union in the context of ongoing economic obstacles. By spotlighting on different macroeconomic aspects, the article examines changes and fluctuations of indicators and conducts research in terms of their origins. Thus, by using historic, statistical and comparative approach, the author tries to clarify the impacts and experience with EU membership of the Republic of Bulgaria. That analysis reveals general improvement of internal policy shaping along with a fiscal discipline and the positive influence over the FDI attractiveness of the country. Furthermore, the country is slowly catching up with the GDP per capita standards in the EU while being a net beneficiary of EU funds. Thus, the main conclusion of the current study is that there is an overall positive effect of Bulgaria’s EU membership.
ISSN:2068-651X
2068-6633