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Change the Regime ??? Change the Money: Bulgarian Banknotes, 1885-2001


  • Adrian E. Tschoegl



The money we use has symbols and images on it that communicate information. One part of this are pictorial and symbolic elements that draw attention to aspects of the country that issuer is proud of and that convey the message that it wishes to convey. As one would expect, as regimes change, so do the banknotes. Bulgaria has a rich history of change having gone from being a (nominally) Ottoman principality to an independent Kingdom, an agrarian socialist state, a quasi-fascist Monarchy, a People???s Republic, and most recently, a Parliamentary Republic.

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  • Adrian E. Tschoegl, 2002. "Change the Regime ??? Change the Money: Bulgarian Banknotes, 1885-2001," William Davidson Institute Working Papers Series 509, William Davidson Institute at the University of Michigan.
  • Handle: RePEc:wdi:papers:2002-509

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    References listed on IDEAS

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    5. Meng, Xin & Zhang, Junsen, 2001. "The Two-Tier Labor Market in Urban China: Occupational Segregation and Wage Differentials between Urban Residents and Rural Migrants in Shanghai," Journal of Comparative Economics, Elsevier, vol. 29(3), pages 485-504, September.
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    More about this item


    banknotes; design; Bulgaria;

    JEL classification:

    • P39 - Economic Systems - - Socialist Institutions and Their Transitions - - - Other
    • N00 - Economic History - - General - - - General
    • Z10 - Other Special Topics - - Cultural Economics - - - General

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