New Investment Incentives for the Development of the Stock Market in the Republic of Bulgaria

Ivan P. Ivanov, Evgeniy V. Afanasyev and Alexander P. Arkhipov

The aim of this scientific work is to analyze the present condition of stock market, derive trends related to its development and the opportunities and advantages that it provides as a mechanism for financing companies and entrepreneurs. The article is based on induction and deduction, empirical methods, system analysis, comparative characteristics and indicators of the stock market of the Republic of Bulgaria. The goal is to search for new investment incentives that will contribute to the development of derivatives market. The scientific definition of stock market suggests that it is the “mirror” of real economic indicators of the country. Besides, Bulgarian stock exchange belongs to continental type. Therefore, the main direction of this article is the analysis of macroeconomic approaches with the active involvement of the state, that are able to change and redistribute the fastest liquid money aggregate M1, with the help of which prerequisites and basis for development of stock market through investments of are created.

Volume 12 | 04-Special Issue

Pages: 1769-1774

DOI: 10.5373/JARDCS/V12SP4/20201660