Bulgaria

Simion Mirela

Conjunctura economiei mondiale / World Economic Studies, 2017, 169-172

Abstract: The Bulgarian economic performance has been robust in 2016, with real GDP growth estimated to have reached 3,4%, even amid diminished domestic demand, weakness in investment and unfavourable international circumstances, marked by a slowdown in global growth. Bulgaria's GDP growth in 2016 is largely attributed to the authorities' efforts to limit weak investment in the context of slowing absorption of EU co-funded structural funds. GDP growth is projected to decline slightly over the forecast horizon 2017-2018, to around 2.9%, against a backdrop of lower external demand, a fragile labour market and deteriorating public finances.

Keywords: Bulgaria; growth; macroeconomic development; outlook (search for similar items in EconPapers)
Date: 2017
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:iem:conjun:y:2017:p:169-172

Access Statistics for this article

Conjunctura economiei mondiale / World Economic Studies is currently edited by Simona Moagar Poladian, PhD

More articles in Conjunctura economiei mondiale / World Economic Studies from Institute for World Economy, Romanian Academy Contact information at EDIRC.
Bibliographic data for series maintained by Ionela Baltatescu ( this e-mail address is bad, please contact ).