Type | Journal Article - Managerial Economics |
Title | A view on certain conditions for economic growth in Bulgaria (2008-2013) |
Author(s) | |
Volume | 15 |
Issue | 2 |
Publication (Day/Month/Year) | 2014 |
Page numbers | 217-228 |
URL | http://www.managerial.zarz.agh.edu.pl/EM_on_line/Managerial Economics 15(2) (2014).pdf#page=76 |
Abstract | The stable and dynamic growth of the volume of GDP is the basis of every economy. Despite the many critics in this respect as well as the formation of a wave of disapproval towards the strive for constantly increasing rates of production, economic growth still remains the major criterion of the degree of development of every economy. This is also explained by the fact that, as a result of growth, there is an increase in the possibilities for more complete satisfaction of the demand of the population by increasing the amount and raising the quality of goods and services offered; new job openings are created, the population is provided with employment while real incomes increase; there is an improvement of labor conditions; there are prerequisites for an improvement of the standard of living; the technical and technological upgrade of production is stimulated; the realization of a number of social and ecological programs becomes possible, while health care and the fight against poverty are improved; conditions are created for the development of the human factor; the international prestige of the country increases, etc. (Shismanova 2013; pp. 17–18). |
» | Bulgaria - Population and Housing Census 2011 |