Cover Image
Read Now

Bulgaria Recent Economic Developments

This paper reviews economic developments in Bulgaria during 1990–95. In 1993, GDP continued to contract, albeit more slowly than previously. Real GDP declined by 2.4 percent owing to a drought-induced collapse in agricultural output. As consumption-driven imports rose and exports fell, the lower rea...

Full description

Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1996
Series:IMF Staff Country Reports
Subjects:
Depository Institutions
Credit
Banks
Banks And Banking
Currency; Foreign Exchange
Monetary Economics
Micro Finance Institutions
Monetary Policy, Central Banking, And The Supply Of Money And Credit: General
Mortgages
Money Supply
Foreign Exchange
Monetary Base
Banking
Bank Deposits
Exchange Rates
Money And Monetary Policy
Bulgaria
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This paper reviews economic developments in Bulgaria during 1990–95. In 1993, GDP continued to contract, albeit more slowly than previously. Real GDP declined by 2.4 percent owing to a drought-induced collapse in agricultural output. As consumption-driven imports rose and exports fell, the lower real GDP in 1993 was accompanied by a large current account deficit. The adoption of restrictive fiscal and incomes policies in 1994 enabled Bulgaria to retain the gains in external competitiveness acquired from the nominal depreciation
Physical Description:108 pages
ISBN:9781451804317

Similar Items