Bulgaria's Fiscal Expansion: Navigating Through Stormy Waters

Georgy Ganev ()

No 11, CASE Network E-briefs from CASE-Center for Social and Economic Research

Abstract: Most EU governments reacted to the global economic crisis with a dramatic increase in spending. Their reactions had two main goals in mind: first, to bailout failing financial systems and second, to substitute the decline in private demand with a boost in aggregate public spending. For Bulgaria, fiscal stimulus programs proved to present their own unique set of challenges.

Keywords: Bulgaria; financial crisis (search for similar items in EconPapers)
Pages: 3 Pages
Date: 2010-10
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:sec:ebrief:1011

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