Macroeconomic Challenges for the Transition to the Economy 4.0 in Bulgaria
DOI :
https://doi.org/10.37075/RP.2018.3.10Ключови думи :
Икономически растеж, Инвестиционна активност, Условия на пазара на труда, Дигитизация, Финансово посредничествоАбстракт
The paper examines changes in the Bulgarian economy following the global financial and economic crisis of 2008 that affect the macroeconomic environment for making the transition to the Economy 4.0. The main identified obstacles to sustainable technological economic growth are subdued investments and still low credit activity, high intercompany indebtedness, and relatively low levels of personal income. Meanwhile, the ongoing structural change in employment, increase in numbers and in share within overall production of the IT and research companies, and growing export opportunities may have a positive effect on the digitalization of Bulgarian economy.Литература (библиография)
Intercompany indebtedness of enterprises from the non-financial sector (as of 1 January 2014). (2015). Bulgarian Industrial Association.
Industry 4.0: Germany faces an upgrade as an industrial location. (2014). Deutsche Bank Research.
Schroder, C. (2017). The Challenges of Industry 4.0 for Small and Medium-sized Enterprises. Friedrich-Ebert-Stiftung.
Wischmann, S., Wangler, L., & Botthof, A. (2015). Autonomics and Industry 4.0: Economic and business factors for Germany as an industrial location. Bundesministerium fur Wirtschaft und Energie.
Wolter, M., Mönnig, A., Hummel, M., Schneemann, C., Weber, E., Zika, G., Helmrich, R., Maier, T., & Neuber-Pohl, C. (2015). Industry 4.0 and the consequences for labour market and economy (Scenario calculations in line with the BIBB-IAB qualifications and occupational field projections). Institute for Employment Research.
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