Bulgaria exhibits one of the lowest innovation performances in Europe, driven by very low levels of research investment compared to peers. This slow growth will likely be exacerbated by the Coronavirus (COVID-19) pandemic and ensuing economic crisis, which have disproportionately affected Bulgaria’s smaller and younger firms, a typically the firms with the highest potential for productivity growth. Moreover, a rapidly aging population and high emigration...
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DETAILS
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2021/03/01
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Public Expenditure Review
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158479
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1
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1
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2021/04/22
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Disclosed
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Bulgaria Functional and Governance Analysis
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Citation
Aridi,Anwar; Querejazu,Daniel Enrique; Georgieva,Teodora Marinova; Dimitrova,Lyubomira Stoilova; Rogers,Juan Douglas.
Bulgaria Functional and Governance Analysis (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/116171619081557906