The Path Ahead for Bulgaria - Through the Eyes of Steve Hanke

Steve Hanke ()
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Steve Hanke: The Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise

No 109, Studies in Applied Economics from The Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise

Abstract: In January 1990, I became the chief economic adviser to the reform government of Ante Marković in the Socialist Federal Republic of Yugoslavia. Shortly thereafter, Mrs. Hanke and I began to visit Bulgaria. In those early years of visiting Sofia, we always stayed at the Sofia Hotel Balkan; remembrances include: many hospitable Bulgarians who took very good care of us; excellent yogurt; and great opera. Outside the hotel, it was impossible to find edible restaurant food. This was striking given the excellent reputation of Bulgaria’s cuisine. And that was not all that was in short supply. I recall the first time Mrs. Hanke and I visited TZUM. There were simply no goods. Also, the dilapidation of the buildings and capital stock in Sofia stood out. Lastly, the large packs of wild dogs that roamed Sofia’s streets in the early 1990s left a lasting impression.

Pages: 6 pages
Date: 2018-06
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Persistent link: https://EconPapers.repec.org/RePEc:ris:jhisae:0109

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