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ECONOMIC GROWTH AND CONVERGENCE IN THE EUROPEAN UNION

Daniela Bobeva, Rosica Rangelova, Dimitar Zlatinov

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Year of Publication: 2021

Cover Type: Soft

Category: Man and Society

Edition: First Edition

Pages: 152

Format: n/a

Language: Bulgarian

Summary

In the monograph, the authors examine theoretically and empirically the relation between economic growth and convergence as regards the EU Member States, in particular the euro area and Central and Eastern Europe (CEE) countries, and then we focus on the candidate countries of the so-called Western Balkans. The period under review is 2001-2019, including diverse subperiods, which enriches our research in the following directions: (a) the years of accession of CEE countries to the EU and relatively high growth in the beginning of this century, when there were more challenges the criteria for nominal convergence to be fulfilled; (b) the period of the global financial and economic crisis of 2008-2009 and the following debt crisis in the euro area, when low economic growth did not make it possible to accelerate the catching-up process and intensify divergence processes; (c) the time of recession, especially in the euro area, and recovery from the crisis.

About The Authors

• Daniela Bobeva: Daniela Bobeva is an Associate Professor at the BAS Economic Research Institute and the Higher School of Insurance and Finance. Assoc. Prof. Daniela Bobeva is a lecturer at Plovdiv University ‘Paisii Hilendarski’ and at the University of National and World Economy Department of Finance. She was head of the economic programme at the Centre for the Study of Democracy and of the BNB European Integration and International Relations Directorate. She has held senior ministerial offices: executive director of InvestBulgaria Agency, minister of trade and economic cooperation, deputy prime minister of economic development. The highlights of her international career are the vice-president of operations to establish the Black Sea Bank of Trade and Development and expert at the Organization of Economic Cooperation and Development. Assoc. Prof. Daniela Bobeva has written more than 60 research papers, 40 of which have been published in prestigious international books and journals.
• Rosica Rangelova: Rositsa Rangelova is a Doctor of Economics, Professor at the Institute for Economic Research at the Bulgarian Academy of Sciences, International Economics Section. She graduated from the Higher Institute of Economics "K. Marx ”- Sofia (now UNWE), specialty“ Statistics ”. She specialized in methodology of international macroeconomic comparisons at the State University of Illinois - USA (1989), and the University of Groningen - the Netherlands (1994). She is a visiting scientist in Bristol - Great Britain (1993), and on the problems of measuring economic growth he works in Dublin - Ireland (1997), and Budapest - Hungary (2001). She is the author of several books, dozens of studies and articles in Bulgarian and English. Participates in international projects as a coordinator for Bulgaria under the PHARE program, programs of the European Commission and others. It occupies one of the first few places in the RePEc system of Bulgarian authors - economists, the most read in the world. Since 1994 she has been teaching the discipline "International Economic Comparisons" she created in bachelor's programs at the University of National and World Economy, and later in master's programs at the Faculty of Economics at the University of Veliko Tarnovo "St.St. Cyril and Methodius University, as well as the course "International Comparative Analysis" at NBU - Sofia.
• Dimitar Zlatinov