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Prospects For Foreign Investments In The Bulgarian Privatization Process, December 1994
Bulgaria welcomes foreign investment in the ongoing process of privatization, including, of course, American investment. This short paper describes Bulgaria‚Äôs privatization regulations, the transactions completed to date, the program for 1995, and three new instruments in privatization, namely: (a) the mass privatization scheme, (b) internal debt-for-equity swaps, and (c) foreign debt-for-equity swaps. We hope that this information will be of interest to the participants in the Bulgarian-American Economic Cooperation Forum. more »
 
American Investment In Bulgaria, December 1994
From 1990 until the end of September 1994, sixty-nine investments of declared American origin were registered at the Ministry of Finance. Forty-three of them were made in Bulgarian Leva. The total volume of American investment is 18,662,000 USD, or 6.5% of the total foreign investment inflow to Bulgaria (in comparison, Germany invested 177,305,000 USD). The United States place fifth in terms of invested capital in Bulgaria. more »
 
Start-Up And Development Of Private Electronic Media In Bulgaria, September 1994
The state monopoly on air frequencies first began to crack as early as 1990 and 1991 when the Council of Ministers consented on several occasions to license the experimental rebroadcasting of foreign radio stations, namely the Voice of America, Radio Free Europe (RFE), BBC, Radio France Internationale and Deutsche Welle on designated channels. more »
 
Establishment of a Mutual Fund Pursuant to Article 8 of the Law on Transformation and Privetization of State-owned and Municipal Enterprices, August 1994
The legal framework of privatisation was established in 1992. Its basis is the Law on Transformation and Privatisation of State- Owned and Municipal Enterprises (LTPSME). As it is the tradition of the legal system in Bulgaria, the Law has a framework character, which means that its implementation requires adoption of some regulations and laws to detail some of the provisions of the Law. One of the issues which had to be legislated with follow-up legal documents is the regulation of privatisation revenues use. more »
 
Financing the private firms in Bulgaria
The strengthening of the market forces in the economy of Bulgaria is related to the stability and development of the private initiative. Given the stagnation in the state-owned and municipal businesses the private sector is the only one, which is dynamic and provides prospects for future development of the national economy. It is much relied on to create a new economic environment, which makes it necessary to provide conditions for boosting its vitality and expansion more »
 
Survey of the Efficiency of Foreign Consultant Firms, May, 1994
The beginning of the reforms in the economy brought about the establishment of a market for consulting services. Its formation was determined on the one hand by the appearance of demand for consulting services, and on the other - by the wide range of legal and economic analyses, expert evaluations and recommendations offered by the rapidly growing number of private persons and firms engaged in this specific sphere of the economy. more »
 
The Efficiency of Consulting Firms, 1994
The beginning of the reforms in the economy brought about the establishment of a market for consulting services. Its formation was determined on the one hand by the appearance of demand for consulting services, and on the other - by the wide range of legal and economic analyses, expert evaluations and recommendations offered by the rapidly growing number of private persons and firms engaged in this specific sphere of the economy. more »
 
Transit migration in Bulgaria
The Working Party on Information of the Vienna Group, at its meeting of 17 February 1993, discussed the Feasibility Study on the Establishment of a Migration Information System submitted by IOM and recommended that IOM should start implementing such a program. Two substantial migration flows to Western Europe cross Bulgaria. The first one is made up of migrants from the Middle East who intend to migrate to Central and Western Europe (above all Germany and Austria). The flow that previously passed through former Yugoslavia has now been largely re-oriented through Romania. A second flow comes from the Newly Independent States (NIS) and Romania, crossing Bulgaria and entering Greece. more »
 
American-Bulgarian Economic Cooperation Forum: Expanding Investment and Trade - How Can Institutions Help?
The collection of papers presents recommendations to be considered by governmental and non-governmental organizations to improve their coordination and effectiveness in trade and investment promotion activities. more »
 
Analysis Of The Postprivatization Behavior Of Enterprises In Bulgaria In The Period 1992-1994
Two years after the adoption of the Privatization Law(1992), even if slowly, privatization in Bulgaria has made considerable progress. It is the only transition country wich implements only market (capital) privatisation. Bulgaria is a middle-income country, which poses a serious barrier to capital privatization. Of course, experience (Chile, for instance) has shown that a successful capital privatization is possible in such countries as well. more »
 

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