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Bulgaria: Selected Issues

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  • International Monetary Fund

Abstract

This Selected Issues paper on Bulgaria investigates possible driving forces behind the investment boom based on cross-country evidence. The diagnosis of the drivers behind the investment boom is important as it is key to assessing Bulgaria’s economic prospects, vulnerabilities, and policy challenges. The available evidence is less than clear-cut, but broadly suggests that the investment boom reflects to a large extent a one-off reassessment of Bulgaria’s riskiness as an investment location. The paper also investigates why Bulgaria’s GDP growth rate did not respond more strongly to the investment boom.

Suggested Citation

  • International Monetary Fund, 2007. "Bulgaria: Selected Issues," IMF Staff Country Reports 2007/390, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2007/390
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=21539
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    Cited by:

    1. Arsic, Milojko & Nojkovic, Aleksandra & Randjelovic, Sasa, 2017. "Determinants of discretionary fiscal policy in Central and Eastern Europe," Economic Systems, Elsevier, vol. 41(3), pages 367-378.
    2. International Monetary Fund, 2010. "Bosnia and Herzegovina: Selected Issues," IMF Staff Country Reports 2010/347, International Monetary Fund.

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