Bulgaria

Name: Bulgaria
Brand: Taylor & Francis

Taylor & Francis

This book provides a comprehensive survey of Bulgaria's transition to democracy from its position as perhaps the most stable communist regime in Eastern Europe. > The communist regime in Bulgaria was perhaps the most stable in Eastern Europe and its demise was brought about only by the general collapse of the Soviet bloc. In the light of this, what is surprising about the country's transitions to democracy and a market economy is not that it has been uneven but that it has proceeded without fundamental disruptions and is now showing some signs of consolidation. The two-party system that emerged from the round-table negotiations in 1990 has survived remarkably intact although the parties within it have undergone considerable transformations. The institutions of democracy have often been misused but have shown their ability to survive in crisis situations. After a dismal record of macroeconomic mismanagement, the establishment of a currency board has brought stability to the country;