Bulgaria shows no better competitiveness

Bulgaria shows no better competitiveness

A team of the World Economic Forum presented The Global Competitiveness Report 2011 - 2012 of 142 economies around the globe. Bulgaria is three places down, from number 71 to 74. The reasons - worsening of the ranking, regarding: effectiveness of stock markets, technological readiness, level of business development, infrastructure, innovations.

At the same time there is an improvement at institutions, finance markets, labor market's effectiveness, education and qualification.

Bulgaria spent a long time at the bottom of the EU, but now Romania /10 places down/ and Greece /90th position/ are behind it. In 2011 this country has better positions in 4 spheres - finance markets, institutions, labor market, education and qualification.

Bulgaria has advantage, regarding investors' protection, legal rights and access to credits, while regulations on securities and their trade remain a burden.

/Source: BNR/

Cookies Preferences
Choose Type of Cookies You Accept Using


These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.


These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.


These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.