Some Aspects of the Bulgarian Anti-Crisis Policy Against COVID-19, with Emphasis on the Fiscal Policy
Some Aspects of the Bulgarian Anti-Crisis Policy Against COVID-19, with Emphasis on the Fiscal Policy

Summary/Abstract: The global COVID economic recess is not an exotic and short-lived period of human history, but a part of the evolution towards a post-COVID economy. The current endogenous, conventional and neoclassical economy will remain in the past. An economic policy, founded on the minimization of upkeep through the exploitation of outdated and labour-intensive production systems, will have catastrophic results. Only large and constant investments in scientific and technological advancement will lead to the successful restructure of the GDP in a way that aligns with the new global economy. The current anti-crisis fiscal aid doesn’t have the desired positive effect. According to us, anti-crisis relief policies should be focused mainly on dealing with these problems with accentuation on fiscal policy

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