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Bulgaria's Fiscal Expansion: Navigating Through Stormy Waters

Author

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  • Georgy Ganev

Abstract

Most EU governments reacted to the global economic crisis with a dramatic increase in spending. Their reactions had two main goals in mind: first, to bailout failing financial systems and second, to substitute the decline in private demand with a boost in aggregate public spending. For Bulgaria, fiscal stimulus programs proved to present their own unique set of challenges.

Suggested Citation

  • Georgy Ganev, 2010. "Bulgaria's Fiscal Expansion: Navigating Through Stormy Waters," CASE Network E-briefs 11, CASE-Center for Social and Economic Research.
    • Handle: RePEc:sec:ebrief:1011
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    File URL: https://case-research.eu/upload/publikacja_plik/30667440_Ebrief_Bulgaria_Ganev_11_2010.pdf
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    Cited by:

    1. Tanya P. Todorova, 2019. "Government Budget Balance And Economic Growth," Economy & Business Journal, International Scientific Publications, Bulgaria, vol. 13(1), pages 114-127.

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    Keywords

    Bulgaria; financial crisis;

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