Fiscal Decentralization in Bulgaria's Early Transition
Meetings of the European Public Choice Society Meetings, Lisbon, Portugal, April 7-10, 1999
22 Pages Posted: 24 Oct 2013
Date Written: November 22, 1998
The paper reviews Bulgaria's inter-governmental finances and the process of fiscal decentralization during the early transition (1990-95) from centrally planned to a market economy. The paper discusses salient features and reform issues in tax assignments, inter-governmental relations, expenditure assignments, sub-national borrowing, and transfers. Based on Bulgaria's experience, the paper draws implications for other countries in transition from socialism.
Keywords: decentralization, transition, Bulgaria, inter-governmental finance
JEL Classification: H70, H77, H60, P35
Suggested Citation: Suggested Citation