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. Ambitious (and politically challenging) reforms are needed to achieve Bulgaria’s objective of more rapid income convergence with …
Persistent link: https://www.econbiz.de/10014394276
This Selected Issues paper reviews recent developments in growth and employment in Bulgaria and highlights key … constraints to growth suggested by cross-country competitiveness studies. Bulgaria's GDP has grown substantially since economic …
Persistent link: https://www.econbiz.de/10014394314
Bulgaria did not have any exchange rate crisis, international bailout, bank intervention, or build-up of public debt …
Persistent link: https://www.econbiz.de/10014395551
Persistent link: https://www.econbiz.de/10015060317
The economy showed resilience through the pandemic, but the war in Ukraine has clouded the outlook, heightened uncertainty, and increased downside risks. With policy support, growth rebounded in 2021 despite the lingering COVID-19 crisis and protracted political uncertainty that hampered...
Persistent link: https://www.econbiz.de/10015060318
This Selected Issues paper examines inflation dynamics in Bulgaria from January 2012 to February 2015 and highlights … identifying factors contributing to recent deflation in Bulgaria, as well as their relative importance. Regression analysis … suggests that during this period the inward spillover of low inflationary pressure from the European Union to Bulgaria has been …
Persistent link: https://www.econbiz.de/10014412083
This 2015 Article IV Consultation highlights that Bulgaria achieved modest economic growth in 2014, which is expected …
Persistent link: https://www.econbiz.de/10014412091