The impact of finance regulations on political parties: The case of Bulgaria

Tatiana Kostadinova

Europe-Asia Studies, 2007, vol. 59, issue 5, 807-827

Abstract: This article suggests that a successful explanation of the development of Bulgaria's post-1989 party system must include the rules governing funding of political organisations. By examining the composition of party incomes and spending practices, I evaluate patterns and trends in fund raising using official party self-reported accounts and other data for 2001 – 05. I conclude that the specific public funding regime led to the emergence of three tiers of parties. The case of Bulgaria suggests that in the absence of strict regulations for reporting and enforcement mechanisms, the image of parties as representatives of the public interest was seriously damaged.

Date: 2007
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DOI: 10.1080/09668130701377409

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