Bulgarian Experience in Labor Market Development

25 August 2015, 18th International Academic Conference, London ISBN 978-80-87927-11-3, IISES

24 Pages Posted: 3 May 2018

See all articles by Venelin Terziev

Venelin Terziev

Georgi Rakovski Military Academy, Sofia, Bulgaria

Ekaterina Arabska

University of Agribusiness and Rural Development; Vasil Levski National Military University; Innovations and Sustainability Academy

Date Written: August 25, 2015

Abstract

The political changes of the early 90-s of the twentieth century in Bulgaria lay the foundations for the development of a real labor market and major reforms in the hitherto existing social protection systems and the development of human capital. The transition from a centrally planned to a market economy in Bulgaria results in huge transformations in the ownership and structure of the national economy. These processes lead to a significant downturn in the functioning of the national economy. In these adverse economic conditions, the development of the labor market and social protection policies go through many turns due to the inconsistent policy of frequently changing governments and their different attitude towards policies on unemployment and employment. Further, the entrance of the country into the European Union challenged again the still developing economy and social system which soon after that are deeply influenced by the economic crises. The study presented outlines the main characteristics of different periods of labor market development making analyses of the statistical data available and it provides conclusions on the topic in close connection to the development of economic and social policies.

Keywords: employment; unemployment; labor; social; policy; development

JEL Classification: J01; J08

Suggested Citation

Terziev, Venelin and Arabska, Ekaterina, Bulgarian Experience in Labor Market Development (August 25, 2015). 25 August 2015, 18th International Academic Conference, London ISBN 978-80-87927-11-3, IISES, Available at SSRN: https://ssrn.com/abstract=3163811

Venelin Terziev (Contact Author)

Georgi Rakovski Military Academy, Sofia, Bulgaria ( email )

Sofia, 1000
Bulgaria

Ekaterina Arabska

University of Agribusiness and Rural Development ( email )

78, Dunav Blvd.
Plovdiv, Plovdiv 4003
Bulgaria

Vasil Levski National Military University ( email )

Veliko Tarnovo
Bulgaria

Innovations and Sustainability Academy ( email )

1, Lotos Str.
Plovdiv, 4006
Bulgaria

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