Title:
MODELING OF REGIONAL DEVELOPMENT IN BULGARIA IN THE XXI CENTURY

Authors:
Kamen PETROV, Bulgaria

Abstract:

The report examines the socio-economic condition of the Republic of Bulgaria. Some sectors of the Bulgarian economy have been analysed, taking into account their regional peculiarities and revealed serious structural weaknesses. The problem of the effectiveness of the country's financial management was also highlighted, reflecting the dependence on the country's external financing. Another major drawback in the economic development of the country is the state of the transport infrastructure and the maximum utilization of its potential, which inevitably affects the regional integration and local socio-economic development. The report shows the evolution of understandings for rural regions in Bulgaria. They are unified by the area in which they develop – rural regions. They offer opportunities for rest and recovering in environment which is absolutely opposite to the one in their urban and industrial area. In this scope are examined the economic structure of regional development and rural areas in these territories, territorial differences (variety) in the change of employment and unemployment, the role of the demographic situation as a factor in the sustainable development.