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Bulgaria did not have any exchange rate crisis, international bailout, bank intervention, or build-up of public debt …
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The presence of a Currency Board (CB) monetary system in Bulgaria is a key factor in assessing monetary policy …, together with the analysis of the behavior of real variables, shed a new perspective on the CB functioning of Bulgaria. …
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challenges that policy makers in Bulgaria have been facing since 1997. It is argued that despite the macroeconomic stabilization …
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