Dizard, John
March 1997
National Review;3/10/1997, Vol. 49 Issue 4, p34
This article focuses on the current and future economic states of Bulgaria. With the fall of Bulgaria's Socialist government last month, the economic expectations got increased. It was announced that a new Parliament would be elected in April 1990. This announcement has cheered not only Bulgaria's democrats but also businesspeople in the international bond markets. Bulgarians are also expecting a rise in foreign investments with the establishment of democracy in the country. People who had invested in the bond markets are now expecting an increased rate of returns. The author suggests that the Bulgarians now have to do all is to assume an attitude of abject subservience to the International Monitory Fund and the World Bank.


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