Post-Communist Economy


Debts, Ideas and Interests in the Balkans. Chronology of the post-communist Transformation, 1990 – 2013 (with G. Mihailova-Borissova), Economie et Institutions, 23(2): 121-145, 2015

Sovereign debt during the crisis: Comparative analysis between Eastern and Southern European countries (with T. Marinova), East-West Journal of Economics and Business, 18(2): 63-81


Transition, Integration and Catching Up: Income Convergence between Central and Eastern Europe and the European Union (with K. Tochkov), Mondes en Développement, 3(167): 73-92, 2014


Economic Risk Transmission in Europe between the Center and the Periphery: A Theoretical Approach, (with G. BONDI), East-West Journal of Economics and Businnes, vol. XVI, No 2, 2013

What Drives Trade Policy at the Periphery? Reflexions on Balkan Trade History, presentation, Bordeaux, 2013.


University efficiency and public funding for higher education in Bulgaria (with K. Tochkov), Postcommunist Economies, 24:4, 517-534.


Institutional Reforms, EU Accession, and Bank Efficiency in Transition Economies: Evidence from Bulgaria ( with K. Tochkov) Emerging Markets Finance &Trade, Vol 47, No. 1, pp. 113–129, 2011.

From Prosperity to Depression: Bulgaria and Romania /1996/97 – 2010/ ( with K. Turcu and K. Tochkov), William Davidson Institute Working Paper, No 1018, 2011.


The Bulgarian Economic Thougth Since 1898: A Personal View, ICER, WP No 21, 2010

EU Enlargement and Monetary Regimes from the Insurance Model Perspectives, William Davidson Institute Working Paper, No 997, June 2010

The Evolution Of Post-Communist Countries:an Interpretation from the Perspective of Cooperation (with D. Ialnazov ), LEO (STUDIUM) and ICER, 2010

The Evolution Of Post-Communist Countries:an Interpretation from the Perspective of Cooperation (with D. Ialnazov ), ICER, WP No 3, 2010 (update version)


The evolution of post-communist countries: An interpretation from the perspective of cooperation (with D. Ialnazov), paper prepared for the conference in Paris, November 2009. (in Bulgarian), (in English)

Еволюцията в поскомунистическите страни: интерпретация от позициите на кооперацията, (Н.Неновски, Д. Ялнъзов), сп. Социологически проблеми, No 3–4. 2009

Паричните режими в пост-комунистическите страни. Дългосрочни перспективи, Икономически Изследвания, Агенция за Икономически Анализи и Прогнози, No 2, 2009


Why Russia will follow America?, (Austrian analysis), Instituto Bruno Leoni, Mises Seminar, 3- 5 October

Transformation in Eastern Europe: Challenges for Monetary Theory and Central Bank Practice, Monetary and Financial Transformation in CEECs, paper presented at the ESCE, Paris, 20 November, 2008

Deposit Over-Insurance in EU Accessesion Countries – A Moral Hazart Boomering to the Euro Area? (with K. Dimitrova), Paolo Baffi Center Research Paper, No 20, 2008


Паричната конвергенция по пътя на Еврозоната. Теоретични проблеми, УНСС, 2007

Bulgaria: Challenges of Convergence to EMU, Korea-Bulgaria Economic Cooperation, UNWE-KIA, (conferance presentation), Sofia, May, 2007

Bank Efficiency Changes: The Case of Bulgaria, (with P. Chobanov, D. Koleva, G. Mihaylova), VII International Conferance, HSE, Moscow, April, 2007

Dynamics of the Financial Wealth of the Institution Sectors in Bulgaria: Empirical Studies of the Postcommunist Period, (with G. Mhaylova), William Davidson Insitute, WP, N 864, 2007

Economic Report for the President of the Republic of Bulgaria. Bulgaria: Social challenges and European integration. (in English), (in Bulgarian)


Бележки за kонвергенцията, Ново Време, бр. 8-9, с. 67-79, 2006

Economic Report for the President of the Republic of Bulgaria. Convergence and European Funds, 2006, (in English), (in Bulgarian)

La convergence et le régime monétaire (le cas de la Bulgaria), présentation dédiée a la XII Reunion des gouverneurs des Banques Centrales des pays francophones, Sofia, 2006


The Efficiency of Banking System in CEE. Inequality and Convergence to EU, (with M. Tomova and T. Naneva), in: Finance Markets in CEE, Gredibility and Efficiency Perspectives, (Balling, M. Lierman, F., and Minileague, A., eds), Routledge, London, pp. 225-251, 2005

Economic Report for the President of the Republic of Bulgaria. Bulgaria 2010. Economic Challenges, 2005 (in English), (in Bulgarian)


Assesing Market Expectations on Exchange Rates and Inflation: a Pilot Forecasting System for Bulgaria (with M. Berleman and K. Dimitrova), chapter in Politics and Economics of Eastern and Central Europe, (Frank Columbus eds), Hauppauge, 2003

Deposit Insurance During EU Accession (with K. Dimitrova), William Davidson Institute WP, No 16, 2003

Assurance des depots bancaires durant e’accession a I’UE (with K. Dimitrova), Revue d’economie financiere, vol.72, 2003

Lending of First Versus Lending of Last Resort: The Bulgarian Financial Crisis of 1996-1997, (with M. Berlemann), Comparative Economic Studies, 28/7/2003; Dresden DP Series in Economics, Dresden University of Technology, No 11, 2003

Banks-Firms Nexus under the Currency Board: Empirical Evidence from Bulgaria (with E. Peev and T. Yalamov), Revue d’etudes Comparatives Est-Ouest, 2003, also as a William Davidson Institute WP /555, p.28; BNB Disscusion Papers /32/2003


Deposit Insurance in Bulgaria-Problems and Possible Solutions during the Accsession Process (with B. Petrov), Banks, Investments and Money, N 1, pp.2-9, 2002

Bulgaria: Socio-Economic Developments, since 1990 (with D. Koleva), chapter in: The Social Impact of Informal Economy in Eastern Europe, (R. Neef and M. Stanculescu Eds), Ashgate, pp.49-56, 2002

Lending of Last Resort, Moral Hazard and Twin Crisis 1996-1997 (with M. Berlemann and K. Hristov), William Davidson Insitute Working Papers N 464, 2002

Dual Inflation During the Currency Board. The Challenges of Bulgarian EU Accsession (with K.Dimitrova), William Davidson Institute, Working Papers N 485, 2002

Reforming the Banking System in Bulgaria (with G. Caporale, Miller, J., Petrov, B., Hristov, K.), chapter in Banking Reforms in Sougth-East Europe, (Sevic, Z., Eds), Edward Elgar, 2002


Real Wages Rigidities and the Choice of Monetary Regime, (with D. Koleva), BNB, DP/18, 2001

The Currency Board and Bulgaria Accession to the Europen Monetary Union (with D. Ialnazov), The Kyoto University Economic Review, vol.LXX, no 1/2, whole, No 148/149, pp.31-48, 2001

Monetary Regimes in Post-Communist Countries. Some Long- Term Reflections, , No. 16, pp. 34-53, March 2010 (in Japanese)