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The Rise and Decay of the Socialist Economy in Bulgaria

Author

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  • Marvin Jackson

Abstract

The political reconstruction of Bulgaria has gone on more slowly than in Central Europe, but the role of the former communists is weaker than in neighboring Romania or Serbia and, of course, much more so than in the Soviet Union (except for the Baltic Republics). This paper discusses the economy before communist rule; economic institutions and policy options under the communists; economic decay and the dangers of procrastination; and the new government's program and its prospects.

Suggested Citation

  • Marvin Jackson, 1991. "The Rise and Decay of the Socialist Economy in Bulgaria," Journal of Economic Perspectives, American Economic Association, vol. 5(4), pages 203-209, Fall.
    • Handle: RePEc:aea:jecper:v:5:y:1991:i:4:p:203-09
    Note: DOI: 10.1257/jep.5.4.203
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    File URL: http://www.aeaweb.org/articles.php?doi=10.1257/jep.5.4.203
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    Cited by:

    1. Swinnen, Johan F.M., 1997. "An Explanation Of Land Reform Choices In Central And Eastern Europe," PRG Working Papers 31883, Katholieke Universiteit Leuven, LICOS - Centre for Institutions and Economic Performance.

    More about this item

    JEL classification:

    • P27 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Performance and Prospects
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe

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