(Simeon Djankov 2010)
5) Across the Border Trade
According to Doing Business Bulgaria ranked 109 in across the border trade in 2010 and 109 in 2011. The index for clearance for export goods is 5 in Bulgaria as compared to 6.4 in Eastern Europe and Central Asia. All the required official documents -- from the contractual agreement between the 2 parties to the delivery of goods along with monetary requirement for completion. The total time taken to deal with all the legal conduct to export goods is 23 in Bulgaria as compared to 26.7 in Eastern Europe and Central Asia. The total cost to export goods is 1551 in Bulgaria as compared to 1651 in Eastern Europe and Central Asia.
USER OF THE REPORT
Multinational Enterprises:
MNEs play an important role in a two to three fold leap forward in a country's economy. Its importance is felt in local progress and in resolving regional inconsistencies in revenues, production and living standard. However still the Bulgarian economy is dominated by SMEs. A possible explanation could be found in the intention and configuration of these MNEs, slow national development, low assimilation capacity of regions and insufficient government policy. As can be deduced from the above methodology that while initiating a new enterprise might be an easy task but it remains so in illusion because Bulgaria is still lagging behind in next in line tasks such as getting a licenses, paying the debts, giving the taxes and trade across border
Small and Medium Enterprises
SMEs comprise of about 99% of firms in Bulgaria. Their role becomes evident in areas of competitive market economy. As they provide new ventures for the unemployed Bulgarian workforce (ensures 79% of employment), social stability, sustained economic growth (75% of economic turn over). A number of recent governmental...
An interesting trend has been registered in the service industry, especially in the field of tourism. One of the main engines of Spanish economy in the past, now tourism in this country faces fierce competition from Eastern Europe countries. The beautiful resorts in Palma del Majorca and Costa Brava must compete with low cost sea side resort, which offer similar services at incredibly low prices. Another field which needs reforms
Business Development in Serbia Country Report (Serbia) Accession of Serbia in the European Zone Ever since the formal emergence of the European Union as a trading bloc across Europe a number of benefits are associated to the membership of the European Union. One of the core benefits that are associated to the membership of European Union is the flexibility and liberal trade policies across the bloc. The European Community that initiated as a
The UK needs to build good economic relationships with emerging markets even more than with its EU neighbors. China is already highly competitive in manufacturing and is gaining competitiveness in high-technology manufacturing. India is a leader in Information Technology and, being an English speaking country, also has the ability to be globally competitive in Professional Services. Latin American and Southeast Asian economies, such as Brazil or Indonesia, will become increasingly
"A particular strength of secondary data is the objectivity. The data are written by experts in various fields." (McQuarrie, 2005, P 61). "The relatively low expense in comparison to primary research is also the main advantage of this research as no new research needs to be commissioned. However, its main disadvantage is that the data used in the analysis may be out-dated and therefore return inaccurate results. Furthermore, previous studies
Country Culture Study of Greece Denali Products is a company with a range of products and it is planning on opening up its business in Greece. In this report the current economic, political and cultural scenario of Greece has been discussed and it seems that even though the country is facing economic recession, Denali products have a good chance of conducting successful business in the country. The reasons behind this probable
7% The company tangible assets consist of the plant, property, equipment such as the fleet of aircrafts that the company uses for its business operations. Other tangible assets include various building the company is using for business operations. The company tangible assets also include company computers, brand names and various computer software than the company is using to improve its business operations. However, the company intangible assets declined by 1.2% between
Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now