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CONTENTS
Acknowledgments | 8 | |||
Abbreviations | 10 | |||
Benchmarking coverage and country acronyms | 12 |
EXECUTIVE SUMMARY | 13 |
1
2
INTRODUCTION | 19 |
MEGATRENDS AND CROSS-CUTTING ISSUES THAT SHAPE DEVELOPMENT PATHWAYS | 23 | ||||||
Governance and institutions | 24 | ||||||
Population aging and demographic trends | 25 | ||||||
Green transition | 26 | ||||||
Digitalization | 27 | ||||||
COVID-19crisis | 28 | ||||||
3 RECENT DEVELOPMENTS | 30 | ||||||||||||
Trends in inclusion | 31 | ||||||||||||
What has held back progress in poverty reduction and shared prosperity? | 34 | ||||||||||||
4 OPPORTUNITIES FOR BULGARIA TO GROW FASTER | |||||||||||||
44 | |||||||||||||
Regulatory environment | 45 | ||||||||||||
Innovation and R&D | 49 | ||||||||||||
Upgrading skills | 52 | ||||||||||||
Fiscal policy for growth | 57 | ||||||||||||
Access to finance | 61 | ||||||||||||
Infrastructure | 64 | ||||||||||||
5 STRENGTHENING THE INCLUSIVENESS OF BULGARIA'S GROWTH | 68 | ||||||||||||||||||||||
Economic participation and mobility | 69 | ||||||||||||||||||||||
Social safety net | 75 | ||||||||||||||||||||||
Pensions | 79 | ||||||||||||||||||||||
Health and long-termcare | 82 | ||||||||||||||||||||||
Inclusive and sustainable regional development | 88 | ||||||||||||||||||||||
Social stability and trust | 90 | ||||||||||||||||||||||
6 GREENING BULGARIA'S GROWTH MODEL | 92 | ||||||||||||||||||||||
Government strategy and policies to achieve the goals set by the EGD | 93 | ||||||||||||||||||||||
Decarbonizing Bulgaria's economy | 95 | ||||||||||||||||||||||
Reducing waste and pollution by shifting to a circular, resource efficient economy | 102 | ||||||||||||||||||||||
Leveraging natural assets and adapting to climate change | 106 | ||||||||||||||||||||||
Resilience to natural hazards and climate shocks | 110 | ||||||||||||||||||||||
7 PRIORITIZATION FOR FAST, INCLUSIVE, AND SUSTAINABLE GROWTH | 113 | ||||||||||||||||||||||
References | 122 | ||||||||||||||||||||||
ANNEXES | 125 | ||||||||||||||||||||||
ANNEX 1Comparison with SCD-1:priorities and knowledge gaps | 126 | ||||||||||||||||||||||
ANNEX 2Bulgaria Institutional Assessment | |||||||||||||||||||||||
129 | |||||||||||||||||||||||
ANNEX 3Poverty annexes with profile | 146 | ||||||||||||||||||||||
ANNEX 4Gender dashboard | 153 | ||||||||||||||||||||||
ANNEX 5Prioritization table | 156 | ||||||||||||||||||||||
ANNEX 6Evolution of topics and priority areas from the original SCD to the SCD Update | 160 |
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World Bank Group published this content on 18 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 January 2022 16:43:08 UTC.