Fiscal Consolidation Challenges Cover Image

Предизвикателства пред фискалната консолидация
Fiscal Consolidation Challenges

Author(s): Plamen Oresharski
Subject(s): Politics / Political Sciences, Politics, Economy, National Economy, Fiscal Politics / Budgeting
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: fiscal consolidation; fiscal policy; fiscal rules; Bulgaria
Summary/Abstract: This paper identifies the main challenges to fiscal consolidation in Bulgaria. In this regard, the key components and prerequisites for achieving fiscal consolidation, discussions on the benefits of fiscal consolidation and types of fiscal policies are examined. An analysis of the periods of fiscal expansion and consolidation in Bulgaria was made.