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Bulgaria: Selected Issues Paper

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  • International Monetary Fund

Abstract

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.

Suggested Citation

  • International Monetary Fund, 2014. "Bulgaria: Selected Issues Paper," IMF Staff Country Reports 2014/024, International Monetary Fund.
  • Handle: RePEc:imf:imfscr:2014/024
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    References listed on IDEAS

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    1. Mart Maiväli & Michael Stierle, 2015. "Strong Wage Growth Amidst Rising Unemployment in Bulgaria," Economic Research Guardian, Weissberg Publishing, vol. 5(1), pages 97-120, June.
    2. Mr. Francesco Grigoli, 2012. "Public Expenditure in the Slovak Republic: Composition and Technical Efficiency," IMF Working Papers 2012/173, International Monetary Fund.
    3. World Bank, 2010. "World Development Report 2010," World Bank Publications - Books, The World Bank Group, number 4387, December.
    4. Francesco Grigoli & Javier Kapsoli, 2018. "Waste not, want not: The efficiency of health expenditure in emerging and developing economies," Review of Development Economics, Wiley Blackwell, vol. 22(1), pages 384-403, February.
    5. Francesca Bastagli & David Coady & Sanjeev Gupta, 2012. "Income Inequality and Fiscal Policy (2nd Edition)," IMF Staff Discussion Notes 12/08R, International Monetary Fund.
    6. World Bank, 2012. "World Development Report 2012 [Rapport sur le développement dans le monde 2012]," World Bank Publications - Books, The World Bank Group, number 4391, December.
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    Cited by:

    1. Mihaylova Svilena & Bratoeva-Manoleva Silviya, 2017. "Social Transfers and Income Inequality in Bulgaria," South East European Journal of Economics and Business, Sciendo, vol. 12(1), pages 38-49, April.
    2. World Bank, 2015. "Bulgaria Health Financing," World Bank Publications - Reports 22964, The World Bank Group.

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