Bulgaria: Selected Issues and Statistical Appendix

August 8, 2006

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Bulgaria: Selected Issues and Statistical Appendix, (USA: International Monetary Fund, 2006) accessed November 22, 2024

Summary

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.

Subject: Balance of payments, Banking, Commercial banks, Currencies, Current account deficits, External debt, Financial institutions, Financial sector policy and analysis, Money, Stress testing

Keywords: Bank, Bulgaria, Central and Eastern Europe, Commercial banks, CR, Currencies, Current account deficits, Eastern Europe, EU budget, Global, Growth experience, Growth prospect, ISCR, Net, Net acquisition, Net cash inflow, Stress testing, Western Europe

Publication Details

Pages:

148
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2006/299
Stock No:

1BGREA2006003
ISBN:

9781451804553
ISSN:

1934-7685

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