Labour Market Policies for Increasing Economic Activity and Labour Productivity in Bulgaria

This study aims to present the recent active labour market policies for encouraging labour market participation and increasing labour productivity. It points out that a number of different programs and labour market measures have been implemented in Bulgaria in the last twenty years. The achievements of the analysis point out both positive and negative features. The programs contribute for increasing labour market inclusion and employment participation in a short run and this is the main positive effect. However, the lack of consistence and sustainability of employment occurred as negative features. The study outlines the effect of "Human Resource Development" Program, conducted in Bulgaria in the period 2007-2013, on labour market development and labour inclusion and productivity, in particular. It employs different quantities and qualities indicators to present the achievements of a total of EUR 402,4 millions, allocated for encouraging economic activity for increasing labour productivity. In conclusion the study outlines the positive effects and some negatives of the conducted policies and draws out recommendations for improvements