ECONOMIC MEASURE IN THE COUNTRY OF BULGARIA
SIMIRALITIES
The economy and standard of living
In the light that bulgaria economic indexes are way below those of developed nations, it can be argued that the country can only compare with the developing countries even if it index are much higher. With 7.1 of all employment being in agricultural sector, Bulgaria stands shoulder to shoulder with Brazil whose agricultural sector accounts for 6.5 of all jobs. Service sector employs 56.1 in Bulgaria, 58.4 in India and 66 of all employees in Brazil. Bulgaria is thus at par with this developing nations The living standards though better than in most developing nations cannot match those of developed nations. It is thus arguably correct to say that Bulgaria is similar to other developing nations as far as these facts are concerned.
Size and Demographic
Most small countries in terms of geographical coverage are among developing nations. Bulgaria compares well in size with countries such as Benin, (111 thousand km sq), Nicaragua (119 thousand km sq), North Korea (120 thousand km sq) and is smaller than Kenya (570 thousand km sq). The total geographical area of Bulgaria is just slightly greater than that of Tennessee State.
In regard to the population size, Bulgarias 7.2 million is within the range of most small developing nations. Benin with 6.5million and Burundi with 7.1 million people among others are in the same league with Bulgaria as far as the numbers are concerned. Death rate is also high in Bulgaria, 14 persons for every one thousand per year, this higher than Brazils 9, Kenyas 11and equivalent to Cameroons. Her population density is similar to that of Egypt, Costa Rica, Jordan and Malaysia among other developing nations, all with between 63 and 68 Persons per kilometer square.
DIFFERENCES WITH OTHER DEVELOPING NATIONS
Size and Demographic
In several ways, Bulgaria exhibit characteristics of a developed nation making it different from other developing nations. To start with, the fertility rate is low translating to negative population growth index, a common feature with developed nation. Secondly 71 of Bulgarian lives in urban centers. Comparing this with other developing nations such as India and Kenya with 29 and 22 respectfully, Bulgaria is different. The life expectancy in Bulgaria is also much high than in India and Kenya as at 73.9 years visas 66.9 and 57.86 respectfully. In Brazil life expectancy stands at 71.9 years, also lower than that of Bulgaria.
The economy
The GNI per capita using PPP for Bulgaria is quit high in comparison with other developing nations. Her rating is among HIC at 11,950 U.S , high than Brazils 10,070 U.S , Indias 2,960 U.S and Kenyas mare 1,580. Bulgarias GDP per capita is at 12,600 U.S , also higher than what most developing nations have posted
Standard of living
If the human development indexes are any thing to go by, Bulgarians enjoy better living conditions than majority of people in other developing nations. Ranked 61st with an index of 0.840, Bulgaria is above Brazil, India and Kenya with indexes of 0.813, 0.612and 0.541 respectfully.
FACTS ABOUT BULGARIA
Geography
Bulgaria is a small nation in south east Europe with a total area of 110,910 sq km, bordered by Serbia (Yugoslavia) to the east, Macedonia- south west, Romania to the north, Greece to the south, and Turkey -south east. She boasts two mountain ranges and two great valleys as the main natural feature. She also shares Black sea with her neighbors to the east. Maritsa and Danube are the biggest rivers in Bulgaria.
Climate
The country experience cold and damp winters while the summer is hot and dry
Colonial experiences
Bulgaria was conquered by the Byzantine in 1018 and was ruled until 1185 when she managed to brake free and established the state. The freedom was short lived as Bulgaria was put under Ottoman Empire in 1396.During this period Bulgarias cultural centers were destroyed. Any attempt to seek freedom was cruelly putted off. Many Bulgarians sort refuge in foreign countries at the time. It was the 1877-1878 war that paved way for freedom through a treaty signing. Bulgaria realized it complete freedom in 1908. (Bureau of public affairs)
CONCLUSION
In the light of the above data, I find it difficult to dismiss Bulgaria as just another developing nation. In many ways the country is head and shoulder above most nations classified as developing. On one hand Bulgaria exhibit characteristics of a developing nation and on the other, she pose as developed nation. In my opinion, the country is in mid-bridge to the island of the developed.