Bulgaria: Selected Issues Paper

January 30, 2014

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Bulgaria: Selected Issues Paper, (USA: International Monetary Fund, 2014) accessed November 23, 2024

Summary

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 5½ 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.

Subject: Employment, Expenditure, Health, Health care spending, Income, Labor, National accounts, Pension spending, Social assistance spending

Keywords: Bulgaria, CR, Crisis, Crisis experience, Crisis response, Eastern Europe, Employment, EU country, Europe, GDP, Global, Health care spending, Health system's performance, Income, ISCR, NSI Bulgaria, Pension spending, Population risk, Social assistance spending

Publication Details

Pages:

24
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2014/024
Stock No:

1BGREA2014002
ISBN:

9781484396339
ISSN:

1934-7685

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