Wilson Center Experts
Roumen Lubenov Avramov
European Studies
Related Content for this Expert
45. The Bulgarian Economy: Transition in the Transition
Jul 07, 2011The general elections of December 1994 marked a turning point in the Bulgarian transition. The victory of the Bulgarian Socialist Party (BSP) was part of a common trend across Eastern Europe. At the same time, the change in the political landscape produced an important shift in the orientation of economic policy. This paper focuses on three issues: a general overview of the macroeconomic developments of 1991-95, selected problems related to privatization, and some aspects of the external background to the Bulgarian transition. A final section assesses the economic policy of the new BSP government and its further prospects. more
45. The Bulgarian Economy: Transition in the Transition
Jul 07, 2011The general elections of December 1994 marked a turning point in the Bulgarian transition. The victory of the Bulgarian Socialist Party (BSP) was part of a common trend across Eastern Europe. At the same time, the change in the political landscape produced an important shift in the orientation of economic policy. This paper focuses on three issues: a general overview of the macroeconomic developments of 1991-95, selected problems related to privatization, and some aspects of the external background to the Bulgarian transition. A final section assesses the economic policy of the new BSP government and its further prospects.