Comparison of Industrial Dynamics of Food and Beverage Industry in Bulgaria, Romania and Greece

Abstract

Industry dynamic is a key indicator for sustainable industry growth. It depends on variety of factors on international and regional level. One of the important driving forces on international level is seen in the face of economic and political alliances. Cultural and regional policies, and social behaviour are driving industry dynamics on a regional level though. Our hypothesis is that specific differences of industrial dynamics of the Balkan countries occurred based on economic and political alliances (EU membership; Euro zone, Black Sea Economic Cooperation). This hypothesis is verified with analysis of a traditional for the Balkans industrial sector like Food and Beverage. The paper aims to find out more evidence to verify a basic hypothesis. It includes a comparative analysis of some basic industrial dynamic’s indicators for the European Union (EU 16), Greece, Romania and Bulgaria. The analysed period is 2000-2010. The conclusions are concentrated mostly on Bulgaria.Food and Beverage Industry, Industrial dynamics, Industrial growth, Bulgaria, Greece, Romania, innovation practices in food and beverage, Agribusiness,