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The Economy of Bulgaria - October 2011

Center for Economic Development, Bulgaria
In 2011 the growth of the Bulgarian economy was weak, and given the slowdown in the economies of the country’s major partners, a slowdown was to be expected in the economy in the year end. A trend has started of balancing the growth structure. On the production side of GDP the report estimates that the contribution of industry will decrease, but will be supported by growth in services. On the consumption side the contribution of net exports will shrink, but the contribution of domestic demand will increase. Growth for the third quarter was expected to be in the range of 1-1.5%, while for the year – below 2%.
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Contributor: Center for Economic Development - http://www.ced.bg
Topic: Economy and Development
Country: Bulgaria
Document Type: Economic Analyses and Commentaries
Year: 2011
Keywords: Agriculture, Banking, Capital Market, Economic Policy, Energy Policy, Environmental Policy, Green Economy, Public Finance, Regional Policy, Social Policy, Tourism, Transport
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