Bulgaria’s Potential for Sustainable Growth and Shared Prosperity : Systematic Country Diagnostic

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作者：

World Bank Group

来源地址：

http://hdl.handle.net/10986/23116

关键词：

TARIFFS;  EMPLOYMENT;  FISH;  UNEMPLOYMENT RATES;  ECONOMIC GROWTH;  ENVIRONMENTAL PROTECTION;  MULTIPLIERS;  ENVIRONMENTAL DEGRADATION;  RETIREMENT;  ETHNIC MINORITIES;  DISPOSABLE INCOME;  INTEREST;  EXPECTATIONS;  INDUSTRY;  PRODUCERS;  RESOURCE MANAGEMENT;  PROPERTY RIGHTS;  BANKING SYSTEM;  STRATEGIES;  TIMBER;  RESOURCE ALLOCATION;  ETHNIC GROUPS;  LABOR FORCE;  WATER SUPPLY;  SERVICES;  PUBLIC SERVICES;  REVENUES;  ENVIRONMENTAL ISSUES;  FISCAL POLICY;  SUSTAINABLE MANAGEMENT;  INCENTIVES;  MODELS;  PROJECTS;  REAL WAGES;  SUSTAINABLE DEVELOPMENT;  ECONOMIC STABILITY;  LEVEL PLAYING FIELD;  NET SAVINGS;  AUDITS;  SAFETY NETS;  ECONOMIC ACTIVITY;  MACROECONOMIC STABILITY;  PUBLIC POLICY;  FISCAL POLICIES;  CLIMATIC CONDITIONS;  SAVINGS;  OIL;  CONTRACT ENFORCEMENT;  NATURAL CAPITAL;  TRANSPORT;  POPULATION GROWTH;  PRODUCTIVITY;  OPTIONS;  LABOR PRODUCTIVITY;  MIGRATION;  TRANSFERS;  MARKET LIBERALIZATION;  CRITERIA;  BARRIERS TO ENTRY;  DEBT;  MARKETS;  LOCAL GOVERNMENT;  DEPOSIT INSURANCE;  FORESTRY;  ECONOMIC POLICIES;  PUBLIC SERVICE PROVISION;  LABOR;  ENTERPRISES;  POLICY DECISIONS;  ECONOMIC SPECIALIZATION;  NATURAL RESOURCES;  SUBSIDIES;  LEGAL FRAMEWORK;  FINANCE;  EFFICIENCY;  INFRASTRUCTURE;  TAXES;  BANKING SECTOR;  LAND USE;  EFFECTIVE USE;  BANKS;  RESOURCES;  UNEMPLOYMENT;  ENERGY CONSUMPTION;  EQUITY;  PRODUCTIVITY GROWTH;  CONSUMPTION;  SOCIAL SAFETY NETS;  ECONOMIC IMPACT;  ACCOUNTABILITY;  CAPITAL;  WAGES;  CLIMATE CHANGE;  FINANCIAL STABILITY;  FINANCIAL POLICIES;  VALUES;  VALUE;  PENSIONS;  BANK;  CREDIT;  PURCHASING POWER;  PATENTS;  DEMAND;  SUSTAINABLE USE;  NATIONAL INCOME;  SUSTAINABLE GROWTH;  PUBLIC EXPENDITURES;  ECONOMIES OF SCOPE;  FINANCIAL PERFORMANCE;  EXPENDITURES;  WORKING POOR;  PROPERTY;  LOGGING;  FISCAL YEAR;  ENVIRONMENT;  GLOBAL CLIMATE CHANGE;  STREAMS;  ECONOMICS;  PUBLIC DEBT;  ENERGY EFFICIENCY;  GOVERNANCE;  INSURANCE;  BUSINESS CYCLES;  ECONOMIC DEVELOPMENT;  TRADE;  LAND;  DRINKING WATER;  RISK;  HEALTH PROBLEMS;  ADMINISTRATIVE PROCEDURES;  COMPARATIVE ADVANTAGE;  PUBLIC PARTICIPATION;  FARMS;  BANKING;  REVENUE;  NATIONAL INCOME ACCOUNTING;  PRIVATE CONSUMPTION;  PERSONAL SAVINGS;  RISK MANAGEMENT;  LIVING CONDITIONS;  BANKING SUPERVISION;  AVERAGE PRODUCTIVITY;  ENVIRONMENTAL;  COST SAVINGS;  LABOR MARKETS;  GOVERNMENTS;  CIVIL SERVICE;  PUBLIC GOOD;  HEALTH SERVICES;  PRICES;  DEMOGRAPHICS;  PRODUCTION COSTS;  ECONOMIC CONDITIONS;  ECONOMIES;  Report;  Rapport;  Informe; 

年份：

2015

出版地：

Washington,USA

语种：

English

摘要：

After years of strong performance in the run-up to the European Union (EU) accession, Bulgaria's growth has slowed down and poverty remains the highest in the EU. Bulgaria achieved the highest recorded growth rates between 2000-08 on the back of exceptionally high capital inflows, structural reforms, sound fiscal management and the prospects of EU accession. Employment boomed and poverty fell steeply. Since 2008 – the year of global economic crisis – economic growth has been sluggish, poverty on the rise and income gains of the bottom 40 percent. Recently, labor markets and poverty have shown some signs of respite but new growth drivers and a sustained reform commitment will be needed for the current generation of Bulgarians to obtain EU living standards. This Systematic Country Diagnostic (SCD) identifies three policy areas with the potential to transform the economy and achieve this objective: (1) strengthening the institutional and legal framework for good governance; (2) boosting the skills and employability5 of all Bulgarians; and (3) improving the effectiveness and efficiency of public spending. Drawing on an extensive body of previous and current work carried out by the Bank, as well as local and foreign experts, the SCD discusses drivers and constraints to growth and uses an asset-based framework to understand how micro and macro-economic forces shape the income profile and dynamics of the bottom 40 percent of the population.