The dual challenge still ahead: economic theory and economic policy in Bulgaria after accession to the European Union

Zoya Mladenova

Post-Communist Economies, 2011, vol. 24, issue 4, 433-439

Abstract: This article aims to cast some light on contemporary economic research and policy in Bulgaria. It opposes the prevailing understanding among economists in Bulgaria that after accession to the EU the country has become a normally functioning market economy and all its problems have to be discussed from this perspective. The Bulgarian economy, in the author's view, remains very specific in nature, the on-going transformation processes being a very important part of national economic development at present. Two conclusions follow: for economic theory -- the necessity to deal with the transformation problems as a very important but neglected part of contemporary economic development; for economic policy -- the necessity for economists to start talking about continuing the economic reforms (in the context of the transition from plan to market).

Date: 2011
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DOI: 10.1080/14631377.2012.729303

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