The impact of the budgetary policy on the socioeconomic development of Bulgaria

Submitted to valuation is the specific role of the state by means of its budgetary policy on the economic and social development of the country after the introduction of the Currency Board. The generalized results from the investigation of the analogous role of the state for an extended period of time in the EU countries, USA and Japan are used as a comparative basis. In the liberalizing and globalizing economic and political reality, predominantly the practice of these countries imposes the competitive economic standards outlining the world development forward.