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Bulgaria Recent Economic Developments And Statistical Appendix

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Bulgaria Recent Economic Developments And Statistical Appendix

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Author : International Monetary Fund
language : en
Publisher:
Release Date : 1999-04-21

Bulgaria Recent Economic Developments And Statistical Appendix written by International Monetary Fund and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999-04-21 with Balance of payments categories.

This paper reviews economic developments in Bulgaria during 1990-97. Bulgaria's macroeconomic performance during 1990-97 was weaker than in most transition countries in the region. With economic activity declining significantly during most years, the cumulative fall in real output over this period amounted to 37 percent. Although Bulgaria's difficult initial conditions and adverse external shocks played a role, the weak performance mainly reflected the stop-and-go nature of stabilization policies and the slow pace of structural reform.

Bulgaria

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Author :
language : en
Publisher:
Release Date : 1999

Bulgaria written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with categories.

Bulgaria

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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 1997-10-31

Bulgaria written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997-10-31 with Business & Economics categories.

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.

Bulgaria Selected Issues And Statistical Appendix

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Author : International Monetary Fund
language : en
Publisher: INTERNATIONAL MONETARY FUND
Release Date : 2006-08-08

Bulgaria Selected Issues And Statistical Appendix written by International Monetary Fund and has been published by INTERNATIONAL MONETARY FUND this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-08-08 with categories.

This paper discusses Bulgaria's prospects for converging to the living standards of the more advanced members of the European Union (EU). The unfavorable economic environment of the early 1990s and the economic crisis in 1996-97 hurt Bulgaria's output, employment, and investment. Following the crisis, structural reforms and a sound macroeconomic framework set the stage for a sustained recovery. The structure of the Bulgaria economy has shifted markedly over the last decade, and investment has become the main engine of growth.

Bulgaria

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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 1996-02-15

This paper reviews economic developments in Bulgaria during 1990–95. In 1993, GDP continued to contract, albeit more slowly than previously. Real GDP declined by 2.4 percent owing to a drought-induced collapse in agricultural output. As consumption-driven imports rose and exports fell, the lower real GDP in 1993 was accompanied by a large current account deficit. The adoption of restrictive fiscal and incomes policies in 1994 enabled Bulgaria to retain the gains in external competitiveness acquired from the nominal depreciation.