Report On The Economic And Financial Conditions In Bulgaria PDF Download
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Author | : Great Britain. Department of Overseas Trade |
Publisher | : |
Total Pages | : 506 |
Release | : 1922 |
Genre | : Bulgaria |
ISBN | : |
Download Report on the Economic and Financial Conditions in Bulgaria Book in PDF, ePub and Kindle
Author | : |
Publisher | : |
Total Pages | : |
Release | : 1923 |
Genre | : |
ISBN | : |
Download Report on the Economic and Financial Conditions of Bulgaria, January 31, 1923 Book in PDF, ePub and Kindle
Author | : Douglas MacKillop |
Publisher | : |
Total Pages | : 16 |
Release | : 1923 |
Genre | : Bulgaria |
ISBN | : |
Download Report on the Economic and Financial Conditions in Bulgaria, January 31st, 1923 Book in PDF, ePub and Kindle
Author | : Geoffrey Herbert |
Publisher | : |
Total Pages | : 28 |
Release | : 1926 |
Genre | : |
ISBN | : |
Download Report on Commercial Economic and Financial Conditions in Bulgaria, 1926 Book in PDF, ePub and Kindle
Author | : Geoffrey Herbert |
Publisher | : |
Total Pages | : 28 |
Release | : 1926 |
Genre | : Bulgaria |
ISBN | : |
Download Report on commercial economic and financial conditions in Bulgaria : dated March, 1926 Book in PDF, ePub and Kindle
Author | : |
Publisher | : |
Total Pages | : |
Release | : 1926 |
Genre | : |
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Download Report on Commercial, Economic and Financial Conditions in Bulgaria, Dated ... Book in PDF, ePub and Kindle
Author | : International Monetary Fund. European Dept. |
Publisher | : International Monetary Fund |
Total Pages | : 64 |
Release | : 2018-02-21 |
Genre | : Business & Economics |
ISBN | : 1484342046 |
Download Bulgaria Book in PDF, ePub and Kindle
This 2017 Article IV Consultation highlights that the Bulgarian economy is performing well. Growth has been on an upward trend and is estimated to reach 3.8 percent in 2017 and 2018, driven by strong exports, easier financial conditions, and growing confidence. The current account remained in surplus in 2017, despite rapid wage growth. The economy shows signs of a closing output gap. Headline inflation turned positive in 2017 and inflationary pressure is rising. Fiscal outcomes have been stronger than budgeted in recent years, reflecting mainly revenue overperformance and under-execution of capital spending. The main challenge is to translate this recent recovery into sustained and inclusive growth and convergence with other European Union countries.
Author | : |
Publisher | : |
Total Pages | : 96 |
Release | : 1939 |
Genre | : Bulgaria |
ISBN | : |
Download Report on Economic and Commercial Conditions in Bulgaria Book in PDF, ePub and Kindle
Author | : International Monetary Fund. European Dept. |
Publisher | : International Monetary Fund |
Total Pages | : 24 |
Release | : 2014-01-30 |
Genre | : Business & Economics |
ISBN | : 1484396448 |
Download Bulgaria Book in PDF, ePub and Kindle
This Selected Issues paper reviews recent developments in growth and employment in Bulgaria and highlights key constraints to growth suggested by cross-country competitiveness studies. Bulgaria’s GDP has grown substantially since economic and financial stabilization in 1997. The global economic crisis had a major effect on Bulgarian growth and employment. After falling by 51⁄2 percent in 2009, real GDP has grown at a low rate, and by 2012 real GDP was still 3 percent short of its 2008 level. However, employment growth was negative during 2009–2012, and the first small uptick occurred only in 2013.
Author | : European Commission. Directorate-General for Economic and Financial Affairs |
Publisher | : |
Total Pages | : 50 |
Release | : 2012 |
Genre | : Balance of payments |
ISBN | : |
Download Macroeconomic Imbalances - Bulgaria Book in PDF, ePub and Kindle
This in-depth review takes a broad view of the Bulgarian economy in order to identify actual or potential imbalances and the possible macroeconomic risks which they may entail. Following an economic boom in 2006-2008, the necessary adjustment is taking place. But the burden on the labour market is unnecessarily high. Moreover, more needs to be done to ensure the sustainability of the adjustment once the economy recovers to its growth trend. The main observations of this review are: Following EU accession, some notable internal and external imbalances built up in the Bulgarian economy. The labour market has been hit hard by the crisis and the reintegration of low-skilled workers has proven difficult. The main labour market challenges relate to skills mismatches in some sectors and regions. Despite a pronounced deceleration, unit labour cost (ULC) growth remains one of the fastest in the EU. The current account adjustment is largely structural and is driven by sizable export market share gains, but major vulnerabilities remain. Deleveraging of the corporate sector is on-going, but the still high level of indebtedness will lengthen the adjustment process and keep the corporate sector vulnerable to changes in market sentiment. Fiscal policy is facilitating the adjustment process. In this context, the in-depth review concludes that Bulgaria is experiencing macroeconomic imbalances, which are not excessive but need to be addressed. In particular, the level of external indebtedness as well as certain macroeconomic developments related to corporate sector deleveraging and the adjustment process through labour markets deserve attention so as to reduce the risk of adverse effects on the functioning of the economy. Possible policy responses should focus on reducing skills and regional labour market mismatches and on reviewing the minimum thresholds for social security contributions. Also, emphasis on boosting total factor productivity remains crucial given that the deleveraging of the corporate sector will probably dampen investment. As a small open catching-up economy with unfettered capital flows and a fixed exchange rate tends to be inherently volatile, macroeconomic policies and banking regulation in Bulgaria should focus on reducing the risks of repeating boom-cycles and on strengthening the risk absorption capacity of economic agents.