Chief Editor
  • Christina Nikolova
National Editorial Board
  • Christina Nikolova, UNWE
  • Elka Todorova, UNWE
  • Plamen Mishev, UNWE
  • Maya Lambovska, UNWE
  • Todor Nedev, UNWE
  • Dorina Kabakchieva, UNWE
International Editorial Board
  • Dr. Damian Stantchev
    Edinburgh NAPIER University, UK

  • Dr. Ivaylo Vassilev
    University of Southampton,UK

  • Prof. Dr. Irina Kuzmina-Merlino
    Transport and Telecommunication Institute, Riga

  • Milan Zdravkovic
    University of Niš, Serbia

  • Prof. Dr. Niculae Mihaita
    Bucharest Academy of Economic Studies, Romania

  • Prof. Ricardo Jardim-Gonçalves, PhD
    UNINOVA institute, New University of Lisbon, Portugal

  • Prof. Ing. Jaroslav Belás, PhD
    Tomas Bata University in Zlín, Czech Republic

  • Prof. Dr. John Rijsman,
    Tilburg University

  • Prof. Ing. Zdenek Dvorák, PhD
    University of Zilina, Slovak Republic

  • Prof. Dr. Zoran Cekerevac
    “Union – Nikola Tesla” University in Belgrade, Serbia

Risks to Economic Stability in CEE Countries
year 2018

Risks to Economic Stability in CEE Countries


This paper is intended to provide a comparative analysis of CEE countries in terms of main economic indicators connected with economic stability. Analysis is focused on main sectors of the economy, and two periods are envisaged – before and after the Global crisis. Countries are compared each other, and the best and the worst countries are identified.

On the basis of the analyzed indicators, we compile an Economic instability index. This index identifies Slovenia, Bulgaria and Lithuania as the most risky countries.

This article is aimed at a wide audience because of its complex nature. It is intended for students in a Master's degree, as well as for public institutions that have a bearing on the analysis made and the lessons learned.

JEL: E66, F43, F45, G01, H62


comparative economics, potential growth, risks to medium-term developments, economic instability index
Download Yearbook_2018_No17_P Chobanov.pdf

ISSN (print): 1312-5486
ISSN (online): 2534-8949