UID:
edocfu_9958057912502883
Format:
1 online resource (108 pages)
ISBN:
1-4639-9028-6
,
1-4639-7650-X
,
1-280-92462-4
,
1-4639-0497-5
,
9786613744074
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.
Note:
Bibliographic Level Mode of Issuance: Monograph
,
English
Additional Edition:
ISBN 1-4518-0431-8
Language:
English
