Articles

Monetary Dynamics and Economic Activity

Garabed Minassian — Economic Research Institute аt BAS
Published: 01.04.2010

Abstract

An attempt was made to analyze the development and the various indications of the financial & economic crisis in Bulgaria, resulting in advisable macroeconomic policies. The liquidity crisis imposes sensitive restrictions and impedes the economic growth. Consequently the expectations are directed to the Bulgarian National Bank’s capability to weaken the crisis and unconditionally to the government to make our country more attractive as an investment destination.