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The Bulgarian Economy in Transition
Studies of Communism in Transition
John Bristow's wide-ranging review, based on primary sources, traces economic developments since the fall of Zhivkov in late 1989. The progress of the macroeconomy, sectoral developments, international relations, reform of the banking and fiscal systems, and privatization are all extensively examined by Professor Bristow. While focusing on policy and the failure of the Bulgarian political system to provide sufficient momentum for effective economic reform, this important book acknowledges the successes and recognizes the problems of framing policy in times of severe economic dysfunction. Accessible and up-to-date, The Bulgarian Economy in Transition will be welcomed by scholars, researchers and policy makers concerned with the problems of transition from planned to market economies.
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What Reviewers Are Saying
'The author provides a good and detailed report on the challenges, weaknesses and dilemmas of the Bulgarian transition, focusing on the period through late 1994. This book is recommended to scholars of economics, politics and government, and regional studies...' -- Iliana Zloch-Christy, Comparative Economic Studies 'Bristow's book is valuable both for its wealth of factual material on the Bulgarian economy and for his commitment to seeking in an open way for analytical truths. And it contains some questions and insights about Bulgaria which are of interest to wider circles than the tiny band of Western specialists on this little understood country, whose people have been so woefully neglected by Western governments over the last eight years.' -- Peter Gowan, Labour Focus on Eastern Europe '... this book is a well-crafted survey of transition economics and an up-to-date study of Bulgaria's experiences... In addition to being a comprehensive reference on Bulgaria's transition experiences, this book is an invaluable tool for anyone teaching a course on transition economics because of its extensive bibliography and clear analysis.' -- J.P. Bonin, Choice 'This is the first general work on the transiton era in Bulgaria and the book is warmly recomended for specialist courses on the Balkans and as a supplementary volume for courses dealing with transition.' -- Derek Jones, Economics of Transition '... the material is insightful and thought-provoking ... The author displays a masterful and critical awareness of the general literature on the economics of transition.' -- Michael L. Wyzan, Journal of Comparative Economics