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This paper focuses on EU structural and cohesion funds assistance to Bulgaria during the 2007–13 program period …
Persistent link: https://www.econbiz.de/10014394296
With fiscal adjustment proceeding quickly in Bulgaria and given the weak economic growth environment, there is keen … economic activity in Bulgaria using econometric and model-based approaches. While fiscal multipliers have been modest in the …
Persistent link: https://www.econbiz.de/10014395379
This paper analyzes the declines in economic activity experienced by Bulgaria, the Czech and Slovak Federal Republic …
Persistent link: https://www.econbiz.de/10014396364
Labor productivity levels in Bulgaria lag well behind that in the EU, weighing on the convergence process. Stronger … productivity growth would allow Bulgaria to close the income gap with the EU average more quickly and to alleviate the structural … productivity suggest that for Bulgaria closing the gap with EU standards in the areas of institutional and infrastructure quality …
Persistent link: https://www.econbiz.de/10014396587
through high-level legislation. A limit on the deficit, such as the deficit ceiling in Bulgaria''s organic budget law, serves … analyzes how these objectives can be met in Bulgaria through either a growth-adjusted balance rule or an expenditure rule …
Persistent link: https://www.econbiz.de/10014397445
, Czechoslovakia, Bulgaria and Romania. These comprise the initial price-overshooting and the output collapse, fiscal sustainability as …
Persistent link: https://www.econbiz.de/10014398265
The paper discusses the interrelationships between payments system reform and monetary policy implementation in selected countries in Central and Eastern Europe. The reforms in the payments system are viewed as closely interrelated with the development of money and foreign exchange markets and...
Persistent link: https://www.econbiz.de/10014398716
As the countries of Eastern and Central Europe transform their economies from centrally–planned to market–oriented, the question of the role that the governments should play in mobilizing savings to ensure a high growth rate must be addressed. This paper argues that the issue of a good...
Persistent link: https://www.econbiz.de/10014398742
Persistent link: https://www.econbiz.de/10009615565
Persistent link: https://www.econbiz.de/10009726547