Bulgaria: Selected Issues

June 2, 2010

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Format: Chicago

Bulgaria: Selected Issues, (USA: International Monetary Fund, 2010) accessed December 28, 2024

Summary

Bulgaria’s potential output growth in future could be markedly lower, and it may take considerable time for the excess labor and resources to be absorbed by other sectors, in particular by the export sector. This suggests that the natural level of rate of unemployment will rise and remain higher, and the full employment level is likely to decline. There is a requirement of significant improvements in labor productivity and competitiveness, as well as reforms to further improve labor mobility and participation.

Subject: Expenditure, Financial institutions, Fiscal policy, Foreign exchange, Loans, Output gap, Production, Real exchange rates

Keywords: Appreciation in Bulgaria, Appreciation market shares, Baltics, Bulgaria, CR, Eastern Europe, Europe, Exchange rate, Exchange rate appreciation, GDP ratio, Global, Investment boom, ISCR, Loans, Output gap, Output gap estimate, Real exchange rates

Publication Details

Pages:

78
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2010/159
Stock No:

1BGREA2010001
ISBN:

9781455207466
ISSN:

1934-7685

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