Bulgaria: Selected Issues
Electronic Access:
Free Download. Use the free Adobe Acrobat Reader to view this PDF file
Summary:
Bulgaria’s potential output growth in future could be markedly lower, and it may take considerable time for the excess labor and resources to be absorbed by other sectors, in particular by the export sector. This suggests that the natural level of rate of unemployment will rise and remain higher, and the full employment level is likely to decline. There is a requirement of significant improvements in labor productivity and competitiveness, as well as reforms to further improve labor mobility and participation.
Series:
Country Report No. 2010/159
Subject:
Expenditure Financial institutions Fiscal policy Foreign exchange Loans Output gap Production Real exchange rates
English
Publication Date:
June 2, 2010
ISBN/ISSN:
9781455207466/1934-7685
Stock No:
1BGREA2010001
Pages:
78
Please address any questions about this title to publications@imf.org