Bulgaria's Historical Monetary and Fiscal Policies Unveil Impact on Inflation
The article explores how economic policies in Bulgaria have impacted the country's economy over time. It looks at how monetary policies (related to money supply and interest rates) and fiscal policies (related to government spending and taxes) have different goals and effects. The study focuses on historical data from Bulgaria since 1879, when the Bulgarian National Bank was established. The researchers analyze how government budget issues, changes in money supply, and inflation are connected in different time periods.