Round Table Conference on Macroeconomics, Business Environment and Finance

Monday, 08 June 2020 23:20

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<b>According to Assoc. Prof. Stella Raleva, Deputy Head of the Economics</b><b> Department</b>, the analysis of economic growth in Bulgaria should be supplemented by a study of the GDP structural characteristics and its dynamics. They could be examined from two points of view. The first one is related to the potential for economic growth in long-term perspective. The second one refers to the structural convergence of Bulgarian economy to the Eurozone. Based on the GDP structural characteristics and its dynamics in Bulgaria, it could be made the conclusion to increase the structural convergence of the Bulgarian economy to the Eurozone. However, it could limit the opportunities for long-term economic growth which means that the structural convergence in our country is actually in conflict with the real convergence, said Assoc. Prof. Raleva.

According to Assoc. Prof. Stella Raleva, Deputy Head of the Economics Department, the analysis of economic growth in Bulgaria should be supplemented by a study of the GDP structural characteristics and its dynamics. They could be examined from two points of view. The first one is related to the potential for economic growth in long-term perspective. The second one refers to the structural convergence of Bulgarian economy to the Eurozone. Based on the GDP structural characteristics and its dynamics in Bulgaria, it could be made the conclusion to increase the structural convergence of the Bulgarian economy to the Eurozone. However, it could limit the opportunities for long-term economic growth which means that the structural convergence in our country is actually in conflict with the real convergence, said Assoc. Prof. Raleva.

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