Bulgaria and prospects for their evolution over the medium term. The paper argues that low saving rates largely reflect the …

This paper reviews economic developments in Bulgaria during 1990–97. Bulgaria’s macroeconomic performance during 1990 … years, the cumulative fall in real output over this period amounted to 37 percent. Although Bulgaria’s difficult initial …

This paper examines Bulgaria’s 2004 Article IV Consultation and Ex Post Assessment of Longer-Term Program Engagement …