Showing 1 - 10 of 243
Starting in 2005, nontax revenue in Georgia is expected to rise significantly, in the form of transit fees for oil transported through the Baku-Tbilisi-Ceyhan Oil Pipeline. Transit fees for gas transported through the South Caucasus Pipeline are expected to start in 2007. This paper discusses...
Persistent link: https://www.econbiz.de/10012750620
Labor productivity levels in Bulgaria lag well behind that in the EU, weighing on the convergence process. Stronger … productivity growth would allow Bulgaria to close the income gap with the EU average more quickly and to alleviate the structural … problems in its labor market, reflected in its high long–term and youth unemployment. Our analysis of the drivers of labor …
Persistent link: https://www.econbiz.de/10013102273
With fiscal adjustment proceeding quickly in Bulgaria and given the weak economic growth environment, there is keen … economic activity in Bulgaria using econometric and model-based approaches. While fiscal multipliers have been modest in the …
Persistent link: https://www.econbiz.de/10013085612
The study examines the effect of health care reform in Bulgaria in 1999 on the equity of health care financing. It …
Persistent link: https://www.econbiz.de/10012777947
This paper presents an empirical analysis of the medium and long-term determinants of the real (effective) exchange rate (RER) of the Bulgarian lev using elements from the natural real exchange rate (NATREX) and the behavioral equilibrium exchange rate (BEER) approaches. The results indicate...
Persistent link: https://www.econbiz.de/10012778609
This paper focuses on EU structural and cohesion funds assistance to Bulgaria during the 2007–13 program period …
Persistent link: https://www.econbiz.de/10013057737
Absolute poverty has dropped markedly in Bulgaria but income inequality has increased substantially in the aftermath of … the GFC. This increase is due to a rise in market income inequality that was compounded by a reduction in fiscal …
Persistent link: https://www.econbiz.de/10013315126
This paper discusses the foundations for a medium-term fiscal framework for Bulgaria, a transition economy aspiring to … macroeconomic policies and facilitate preparations for EU membership. It presents an illustrative scenario for Bulgaria, utilizing a …
Persistent link: https://www.econbiz.de/10013317960
The scope for increasing public spending to meet Bulgaria’s development needs is limited by low revenue. Increasing the …
Persistent link: https://www.econbiz.de/10014082662
This paper provides estimates of output multipliers for spending in clean energy and biodiversity conservation, as well as for spending on non-ecofriendly energy and land use activities. Using a new international dataset, we find that every dollar spent on key carbon-neutral or carbon-sink...
Persistent link: https://www.econbiz.de/10013305683