Bulgaria: Selected Issues Paper
January 30, 2014
Summary
This Selected Issues paper reviews recent developments in growth and employment in Bulgaria and highlights key constraints to growth suggested by cross-country competitiveness studies. Bulgaria’s GDP has grown substantially since economic and financial stabilization in 1997. The global economic crisis had a major effect on Bulgarian growth and employment. After falling by 5½ percent in 2009, real GDP has grown at a low rate, and by 2012 real GDP was still 3 percent short of its 2008 level. However, employment growth was negative during 2009–2012, and the first small uptick occurred only in 2013.
Subject: Employment, Expenditure, Health, Health care spending, Income, Labor, National accounts, Pension spending, Social assistance spending
Keywords: Bulgaria, CR, crisis, crisis experience, crisis response, Eastern Europe, Employment, EU country, Europe, GDP, Global, Health care spending, health system's performance, Income, ISCR, NSI Bulgaria, Pension spending, population risk, Social assistance spending
Pages:
24
Volume:
2014
DOI:
Issue:
024
Series:
Country Report No. 2014/024
Stock No:
1BGREA2014002
ISBN:
9781484396339
ISSN:
1934-7685




