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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 … productivity suggest that for Bulgaria closing the gap with EU standards in the areas of institutional and infrastructure quality …
Persistent link: https://www.econbiz.de/10014396587
Covid-19 has exacerbated economic and social vulnerabilities across Sub-Saharan Africa (SSA). There is a risk that growth could be lower for longer, with a setback to development. Post-pandemic reforms thus become even more important, especially with constrained scope for fiscal and monetary...
Persistent link: https://www.econbiz.de/10012518323
This paper summarizes the macroeconomic performance of the transition economies. We first review the initial conditions confronting these economies, the reform strategy that was proposed, and the associated controversies that arose a decade ago. We then account for the widely different outcomes,...
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Absolute poverty has dropped markedly in Bulgaria but income inequality has increased substantially in the aftermath of …
Persistent link: https://www.econbiz.de/10012300609
This paper focuses on EU structural and cohesion funds assistance to Bulgaria during the 2007–13 program period …
Persistent link: https://www.econbiz.de/10014394296
This paper analyzes the declines in economic activity experienced by Bulgaria, the Czech and Slovak Federal Republic …
Persistent link: https://www.econbiz.de/10014396364