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Bulgaria : Selected Issues Paper.
- Format:
- Book
- Government document
- Author/Creator:
- International Monetary Fund. European Department.
- Series:
- IMF Staff Country Reports; Country Report ; No. 2015/120
- IMF Staff Country Reports
- Language:
- English
- Subjects (All):
- Bulgaria--Economic conditions.
- Bulgaria--Economic policy.
- International finance.
- Local Subjects:
- Bulgaria--Economic conditions.
- Bulgaria--Economic policy.
- International finance.
- Physical Description:
- 1 online resource (65 p.)
- Place of Publication:
- Washington, D.C. : International Monetary Fund, 2015.
- Language Note:
- English
- Summary:
- This Selected Issues paper examines inflation dynamics in Bulgaria from January 2012 to February 2015 and highlights some stylized facts about inflation in the country. January 2012 to February 2015 is the most relevant period for identifying factors contributing to recent deflation in Bulgaria, as well as their relative importance. Regression analysis suggests that during this period the inward spillover of low inflationary pressure from the European Union to Bulgaria has been the most significant factor, which was further exacerbated by consecutive electricity price cuts in 2013 and fast-falling global commodity prices, especially since late 2014.
- Contents:
- Cover Page; Contents; A. Introduction; B. Some Stylized Facts; C. Model and Data; D. Results; E. Outlook; F. Implications; G. Conclusions; References; Inflation Determinants and Implications in Bulgaria; A. Introduction; B. Bulgaria's Corporate Balance Sheets in Perspective; C. Macro-Financial Implications of Corporate Leverage; D. Policy Implications and Conclusions; Annex I. Cross-Country Policy Initiatives to Support an Orderly Deleveraging Process; References; Non-Financial Corporate Debt Overhang In Bulgaria; Footnotes; Inflation Determinants and Implications in Bulgaria
- Non-Financial Corporate Debt Overhang In Bulgaria
- Notes:
- Description based upon print version of record.
- Description based on print version record.
- ISBN:
- 9781484383650
- 1484383656
- 9781484383322
- 148438332X
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