Bulgaria - Investment Climate Assessment : Volume 3. Technical Appendices
Sustained improvements in living standards depend on broad-based economic growth. This will only take place when firms improve worker productivity by investing in human and physical capital and increasing their technological capacity. But firms wil...
Main Author: | |
---|---|
Format: | Investment Climate Assessment (ICA) |
Language: | English en_US |
Published: |
Washington, DC
2012
|
Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/2008/10/10223141/bulgaria-investment-climate-assessment-vol-3-3-technical-appendices http://hdl.handle.net/10986/7867 |
Summary: | Sustained improvements in living
standards depend on broad-based economic growth. This will
only take place when firms improve worker productivity by
investing in human and physical capital and increasing their
technological capacity. But firms will only invest when the
investment climate is favorable. The goal of the Bulgaria
Investment Climate Assessment (ICA) is to evaluate the
investment climate in all its operational dimensions and to
promote policies to strengthen the private sector. The ICA
is largely based on results from the World Bank Enterprise
Survey. The 1,000-firm survey was conducted in late 2007 and
collects detailed information on firm performance, what
managers see as the main obstacles that they face, and
objective data on various aspects of the investment climate.
Additional sources of information are used to supplement the
survey data, including the World Bank's Doing Business
Report, a study that provides detailed, comparable data on
regulation across the world, data from the National
Statistical Institute, and reports from the Government of
Bulgaria, the World Bank, the International Monetary Fund,
the European Union, academics, and other sources. |
---|