Members of the European Union, Germany and Bulgaria are united by the same values and expectations. Both countries aim to closer relations in order to insure economic growth and a high competitiveness level. The objective of this article is to present, from a historical approach, the evolution...

Globalization and business cycles are equally elusive economic phenomena; hence they represent a continuous research possibility and a source of possible inquiries due to their complex nature. The aim of the paper is to explain the synchronization of business cycles using the relationship between...

Members of the European Union, Germany and Bulgaria are united by the same values and expectations. Both countries aim to closer relations in order to insure economic growth and a high competitiveness level. The objective of this article is to present, from a historical approach, the evolution...

Globalization and business cycles are equally elusive economic phenomena; hence they represent a continuous research possibility and a source of possible inquiries due to their complex nature. The aim of the paper is to explain the synchronization of business cycles using the relationship between...

The phenomenon of globalization has affected the business cycle synchronization in many EU countries and has increased transnational economic activities. In today’s globalized economy, foreign direct investments (FDI) and trade relations are considered to be the main vectors of globalization....

The phenomenon of globalization has affected the business cycle synchronization in many EU countries and has increased transnational economic activities. In today’s globalized economy, foreign direct investments (FDI) and trade relations are considered to be the main vectors of globalization....