Round table to present the results of Project 2-2021

 

On September 27, 2021 a round table discussion was held in Tsenov Academy of Economics’ Rectorate Conference Hall on the modern specialization of national economies, trends and prospects in the international division of labor and the place of the Bulgarian economy. The event was also broadcast live on the platform bb.uni-svishtov.bg.

 

After the initial welcoming words, Prof. Tanya Gorcheva, DSc, project manager, introduced the participants to the theoretical foundations of the international division of labor and international specialization in modern business. The objectives of the project are to highlight the changes in the production specialization of the regions and national economies in the EU due to the dynamics of the modern international division of labor, and to outline the consequences of this interaction on the production / export specialization of the Bulgarian economy. The methodology of the United Nations Industrial Development Organization (UNIDO) is applied, which monitors the international competitiveness of specific types of production.

  

Assoc. Prof. Zdravko Lyubenov, PhD presented information on the implications of the change in global trade at the micro level. One possible strategy for the development of companies is to increase the production capacity by focusing on foreign markets, a consequence of specialization and exploiting competitive advantages.

The changing models of global trade and the place of Bulgaria in them was the topic of the presentation of Head Assistant Ivaylo Petrov, PhD. He pointed to indicators of change in world trade, including increased protectionism and regionalization, changes in consumer habits, fragmentation of production chains and the shift to so-called near-shoring or back-shoring. A different perspective on high-tech products and innovation in Bulgaria was shown.

 

The round table is organized in implementation of Project №2-2021 “The international division of labor and the place of Bulgarian economy - trends and perspectives” funded by the Ordinance of the Ministry of Education and Science to promote research.