search query: @author Minassian, G. / total: 3
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| Author: | Minassian, G. |
| Title: | The road to economic disaster in Bulgaria |
| Journal: | Europe-Asia Studies
1998 : MAR, VOL. 50:2, p. 331-350 |
| Index terms: | BULGARIA ECONOMICS CRISES |
| Language: | eng |
| Abstract: | The country's economic decline had already hit rock bottom. In spite of a number of controversial and frequently adjusted statistical data, economic growth in 1994, for the first time since 1989, had finally registered a positive rate of 1.8%. The overall drop in GDP for the years 1989-93 had come to 27.7% and in the mid-1990s the business cycle had started to bottom out. Removed restrictions on trade with the countries of the former Yugoslavia had provided a favourable environment for an upsurge of economic activities. |
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