The 'Failed' Economic Transition in Bulgaria through the Viewpoint of the Post-Communist Business Elites

Georgeta Nazarska ()
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Georgeta Nazarska: State University of Library Studies and Information Technologies, Sofia, Bulgaria

Proceedings of the Centre for Economic History Research, 2024, vol. 9, 281-291

Abstract: The article explores the economic transition in Bulgaria carried out in the 1990s through the evaluations given by the participants of its course and results. The study is based on a sociohistorical and socioanthropological approach, using data from recently conducted standardized interviews, focus groups, and surveys. A comparative analysis of the visions and explanations of members of (different segments of) the new economic and the new political elites is presented for the factors that hindered the Bulgarian economic transformation. The divergence of their assessments of the institutional, personal and socio-cultural barriers to economic growth and their unanimous opinion on the ‘failed’ transition is commented on.

Keywords: economic transition; Bulgaria; business elites; post-communism (search for similar items in EconPapers)
JEL-codes: P20 P30 P39 Z13 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:ceh:journl:y:2024:v:9:p:281-291

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