Bulgaria's economic progress in recent years has been notable. Since 1997, the country has implemented a range of structural reforms alongside substantive fiscal and sectoral reforms. Measures have included the introduction of a currency board to stabilize the lev and more aggressive...

Technological innovations and the dismantling of trade barriers over the past decade have contributed to an acceleration of growth in global trade. This acceleration has been associated with faster growth in developing countries as a group. However, many of the poorest countries have not kept...