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Competitiveness and Business Environment

The Economic Program of CSD has sought to analyze the barriers to the Bulgarian business and to give recommendations for improvement. Some of these issues include the legal aspects, trade policy in the context of Bulgaria’s accession to the European Union, movement of capital, human resources and social policy, telecommunication policy, free movement of services, financial and institutional aspects of bad credits, etc.

The foreign direct investments are recognized as one of the drivers of economic growth. The Economic Program has studied the legal and institutional framework for foreign direct investments in Bulgaria, the managerial perceptions and investment performance. In a series of publications it gives the definitions and forms of investment, analyses the profit and capital repatriation, discusses the issues related to ownership over real estate, the advantages and disadvantages of taxation regime, as well as the institutional support for priority investment projects.

In 2006, with the partnership of CSD, Bulgaria was included for the first time in the world oldest and most comprehensive annual report on the competitiveness - the World Competitiveness Yearbook of IMD (International Institute for Management Development). The report ranks and analyzes how the environment in more than 60 nations creates and sustains the competitiveness of enterprises. The issues of the Yearbook had a direct impact on Bulgarian competitiveness policy-making, and were quoted in strategic policy documents of the Bulgarian government.

Videoconference: Investment Climate: Competitiveness and Poverty Reduction, June 13, 2005
Videoconference: Presentation of the World Development Report 2005, April 18, 2005
Videoconference: ECA Regional GDLN Policy Dialogue on Investment Climate: Strengthening Commercial Law Framework, March 22, 2005


all events

Bulgaria’s International Competitiveness 2018
According to the 2018 World Competitiveness Yearbook of the Institute for Management Development (IMD, Switzerland), the Bulgarian economy, being driven by the EU, is slowly, though unimpressively, recovering. In 2018, Bulgaria ranks 48th out of 63 economies, an improvement of seven positions compared to 2015, but a decline compared to 2007. more »
Bulgaria’s International Competitiveness 2017
According to the World Competitiveness Yearbook 2017 of the Institute for Management Development (IMD, Switzerland), the Bulgarian economy, being driven by the EU, is slowly going out of stagnation. Bulgarian politicians and business managers have failed to improve the competitiveness of the country during the 10 years of EU membership. more »
Defrauding the Bulgarian Public Procurement System: Prevention, Countering and Analysis of Corruption Risks
Despite the legislative and institutional progress, especially in terms of increased transparency and access to data, the public procurement (PP) sector in Bulgaria continues to be associated with high levels of corruption risk. The number of irregularities uncovered by the control bodies remains considerable. At the same time there is a lack of effective investigation, while criminal cases, involving PP, are still very limited and predominantly focused on the lower levels of governance. more »
The Kremlin Playbook: Understanding Russian Influence in Central and Eastern Europe
Russia has used a number of instruments to amplify its economic footprint in Central and Eastern Europe, aiming to increase its political influence, to capture public policy making, and ultimately to discredit the West's democratic model, and undermine trans-Atlantic ties. These instruments have been outlined in The Kremlin Playbook: Understanding Russian Influence in Eastern and Central Europe, a report prepared by the Center for the Study of Democracy in partnership with the Center for Strategic and International Studies (CSIS). The report was presented at a public event at CSIS in Washington D.C. more »


all publications

Public Procurement Criminality: Practical Guide for Preventing, Countering and Analyzing Corruption Risks

Governance of the Bulgarian Public Procurement Sector: Corruption Risks and Criminal Prosecution

CSD Policy Brief No. 55: The Competitiveness of the Bulgarian Economy 2015

CSD Policy Brief No. 44: The Competitiveness of the Bulgarian Economy 2014

   Economic Program