Publication:
Untangling the Maze of European Union Funds to Bulgaria

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dc.contributor.authorVincelette, Gallina Andronova
dc.contributor.authorVassileva, Iglika
dc.date.accessioned2012-06-18T22:18:08Z
dc.date.available2012-06-18T22:18:08Z
dc.date.issued2006-07
dc.description.abstractThe paper presents a fiscal estimate of Bulgaria's perspective European Union (EU) membership. The projected EU funds have two distinct effects: first, there is the overall effect on the balance of payments of the country; and second, there is the pure effect on the national budget. The paper concludes that Bulgaria is likely to benefit from large net inflows of resources of an average of 3.7 percent of gross domestic product (GDP) in 2007-09. In contrast, its fiscal position is expected to deteriorate by 1.6 percent of GDP on average in 2007-09 if no expenditure restructuring of the fiscal framework is carried out. The expected deterioration of the public finances related to EU accession would be due to co-financing requirements, national contributions to the EU budget, and possible full pre-financing of the EU direct payments to Bulgarian farmers in the first year of accession. However, the above expenditures will be partly offset by the budgetary compensation allocated out of the EU budget, savings from agricultural subsidies, and shifting of certain public expenditures to Cohesion Fund-supported projects.en
dc.identifierhttp://documents.worldbank.org/curated/en/2006/07/6913966/untangling-maze-european-union-funds-bulgaria
dc.identifier.doi10.1596/1813-9450-3962
dc.identifier.urihttps://hdl.handle.net/10986/8383
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper; No. 3962
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectAGRICULTURE
dc.subjectCENTRAL BANK
dc.subjectCOMPENSATION
dc.subjectCOMPETITIVENESS
dc.subjectCOMPONENTS
dc.subjectDEFLATORS
dc.subjectECONOMIC JUSTIFICATION
dc.subjectENERGY PRODUCTION
dc.subjectENERGY SOURCES
dc.subjectEU
dc.subjectEXCISE TAXES
dc.subjectEXPENDITURE
dc.subjectEXPENDITURES
dc.subjectFARMERS
dc.subjectFISCAL POLICY
dc.subjectFORECASTS
dc.subjectGDP
dc.subjectGDP DEFLATOR
dc.subjectGDP PER CAPITA
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectINDEXATION
dc.subjectINTEGRATION
dc.subjectLEGISLATION
dc.subjectLESS DEVELOPED COUNTRIES
dc.subjectLOW TARIFFS
dc.subjectMACROECONOMIC CONDITIONS
dc.subjectPOSITIVE EFFECTS
dc.subjectPRICE CHANGES
dc.subjectPRIVATE SECTOR
dc.subjectPROGRAMMING
dc.subjectREAL GDP
dc.subjectREAL INCOME
dc.subjectREBATE
dc.subjectRURAL DEVELOPMENT
dc.subjectSTANDARD OF LIVING
dc.subjectSUBSTITUTE
dc.subjectSUBSTITUTION
dc.subjectSURPLUS
dc.subjectTAX REVENUES
dc.subjectTELECOMMUNICATIONS
dc.subjectTOTAL REVENUE
dc.subjectVALUE ADDED
dc.subjectWEALTH
dc.titleUntangling the Maze of European Union Funds to Bulgariaen
dspace.entity.typePublication
okr.crosscuttingsolutionareaJobs
okr.crosscuttingsolutionareaGender
okr.crossref.titleUntangling The Maze Of European Union Funds To Bulgaria
okr.date.doiregistration2025-04-10T07:18:08.663309Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2006/07/6913966/untangling-maze-european-union-funds-bulgaria
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeSocial, Urban, Rural and Resilience
okr.globalpracticeGovernance
okr.globalpracticeTrade and Competitiveness
okr.globalpracticeFinance and Markets
okr.guid763861468233088837
okr.identifier.doi10.1596/1813-9450-3962
okr.identifier.externaldocumentum000016406_20060711115157
okr.identifier.internaldocumentum6913966
okr.identifier.reportWPS3962
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2006/07/11/000016406_20060711115157/Rendered/PDF/wps3962.pdfen
okr.region.administrativeEurope and Central Asia
okr.region.countryBulgaria
okr.topicTechnology Industry
okr.topicEconomic Theory and Research
okr.topicGender::Gender and Law
okr.topicRural Development Knowledge and Information Systems
okr.topicMacroeconomics and Economic Growth::Markets and Market Access
okr.topicIndustry
okr.topicRural Development
okr.unitDevelopment Research Group (DECRG)
okr.volume1 of 1
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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