Households and Financial Flows in the Bulgarian Economy

This article offers an attempt at analyzing financial flows to and out of the households sector in Bulgaria in 1990-1993 and the financial relations of the sector to the other institutional sectors (non-financial enterprises, budget and financial sectors). Gross and net saving rates of households are estimated and are analyzed the main factors, influence on their dynamics. The article also presents an analysis of household saving rate in a macroeconomic context in order to estimate the possibilities for households to credit the net debtors on the economy in the stabilization years.