Bulgaria: Selected Issues
Electronic Access:
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Summary:
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.
Series:
Country Report No. 2007/390
Subject:
Bank credit Banking Financial institutions Financial markets Fiscal policy Fiscal stance Loans Money Output gap Production Stock markets
English
Publication Date:
December 19, 2007
ISBN/ISSN:
9781451804584/1934-7685
Stock No:
1BGREA2007003
Pages:
71
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