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The present study of the Agency for Economic Programming and Development aims to characterize the inflation process based on the existing measures, as well as on the elaborated custom indices. The paper put special focus on the assessment of the real interest rate level during 1991.
Persistent link: https://www.econbiz.de/10008480969
Целта на този анализ на Агенцията за икономическо програмиране и развитие е да фиксира параметрите на инфлацията на основа на съществуващите измерители и чрез...
Persistent link: https://www.econbiz.de/10008480972
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[eng] The paper reviews basic features of the currency board arrangement (CBA) as a monetary system and the peculiarities of the Bulgarian model. The impact of the CBA on different institutional sectors and on the remonetization of the economy is commented. The external vulnerability of the CBA...
Persistent link: https://www.econbiz.de/10008573223
Persistent link: https://www.econbiz.de/10008804221
We adopt a comparative view of the stabilization policies designed and implemented in Bulgaria and Yugoslavia during the fatal economic crises of their regimes in late 1980s. The role of the IMF can be better highlighted by comparing “with (Yugoslavia)-without (Bulgaria)” scenarios in a...
Persistent link: https://www.econbiz.de/10005523515
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