Challenges in Utilizing the Labor Potential in Bulgaria in a Market-Oriented Economy
The development examines basic and current problems related to the creation of elements of a civilized labour market in the process of reforming the economy. The realization of labour potential reflects the general situation in the economy. In the course of decades of reforms, the labour potential of the country is devalued. Changes in the structure of employment as a whole, reflecting changes in the structure of production, are clarified. A point of view is indicated, according to which the growth of negative phenomena in the sphere of employment is explained by the slow pace of market changes in the sphere of labour. The issue is not the inadequacy or inconsistency of market reforms, but that market liberalization itself is fundamentally insufficient for a “breakthrough in the new economy”. 10
Continue reading →