Bulgaria in the Global Economy

This book presents an in-depth analysis of Bulgaria's integration into the global economy, analyzing the evolution, current status, and prospects for the country’s positioning in the ever-complex system of international economic relations. The book provides a comprehensive examination of Bulgaria's economic trajectory from its historical development to its current role in the global economy. Presenting important periods throughout Bulgaria's economic evolution, including the planned economy era and the subsequent transition to a market-oriented system, the work analyzes the profound shifts and challenges faced by the country. The book examines the integration into the European Union, assessing both the benefits and risks associated with this pivotal relationship. Furthermore, it investigates Bulgaria's foreign economic partnerships, analyzing its interplay with major actors such as the USA, China, and Russia. Systematically exploring foreign trade in goods and services, participation in global value chains, foreign direct investment trends, and the complex dynamics of international labor migration, the book is based on rich empirical data and comparative analyses with similar economies. It addresses emerging trends, with dedicated chapters on green transition, technological advancement, and digital transformation. Finally, the book presents policy implications derived from Bulgaria's experiences and concludes with a forward-looking perspective on enhancing Bulgaria's global economic competitiveness, making it relevant to both academic audiences and policy practitioners.