Format:
Online-Ressource (108 p)
Edition:
Online-Ausg.
ISBN:
1451804318
,
9781451804317
Series Statement:
IMF Staff Country Reports
Content:
This paper reviews economic developments in Bulgaria during 1990–95. In 1993, GDP continued to contract, albeit more slowly than previously. Real GDP declined by 2.4 percent owing to a drought-induced collapse in agricultural output. As consumption-driven imports rose and exports fell, the lower real GDP in 1993 was accompanied by a large current account deficit. The adoption of restrictive fiscal and incomes policies in 1994 enabled Bulgaria to retain the gains in external competitiveness acquired from the nominal depreciation
Additional Edition:
Erscheint auch als Druck-Ausgabe Bulgaria: Recent Economic Developments Washington, D.C. : International Monetary Fund, 1996 ISBN 9781451804317
Language:
English
DOI:
10.5089/9781451804317.002
