No Pain, No Gain: Market Reform, Unemployment, and Politics in Bulgaria
In 1997, a new center-right government came to power in Bulgaria with a mandate to accelerate market reforms. By the time of the next elections in 2001, 75 percent of GDP was produced in the private sector, compared to 45 percent in 1996. The government however lost the elections. This paper uses unique survey data to examine whether the high unemployment associated with market reform contributed to the election outcome. High unemployment did have an effect but it was small and does not explain the election loss. In fact, many in the population, including the unemployed, believed that high unemployment was the necessary price for future prosperity.
|Date of creation:||15 May 2003|
|Contact details of provider:|| Postal: 724 E. University Ave, Wyly Hall 1st Flr, Ann Arbor MI 48109|
Phone: 734 763-5020
Fax: 734 763-5850
Web page: http://www.wdi.umich.edu
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Gérard Roland, 2004.
"Transition and Economics: Politics, Markets, and Firms,"
MIT Press Books,
The MIT Press,
edition 1, volume 1, number 026268148x, December.
- Gérard Roland, 2000. "Transition and Economics: Politics, Markets, and Firms," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262182033, December.
- Hayo, Bernd, 2004. "Public support for creating a market economy in Eastern Europe," Journal of Comparative Economics, Elsevier, vol. 32(4), pages 720-744, December.
- Fidrmuc, Jan, 2000.
"Political support for reforms: Economics of voting in transition countries,"
European Economic Review,
Elsevier, vol. 44(8), pages 1491-1513, August.
- Fidrmuc, J., 1998. "Political Support for Reforms : Economics of Voting in Transition Countries," Discussion Paper 1998-98, Tilburg University, Center for Economic Research.
- Polackova Brixi, Hana & Shatalov, Sergei & Zlaoui, Leila, 2000. "Managing fiscal risk in Bulgaria," Policy Research Working Paper Series 2282, The World Bank.
- Rodrik Dani, 1995.
"The Dynamics of Political Suppport for Reform in Economies in Transition,"
Journal of the Japanese and International Economies,
Elsevier, vol. 9(4), pages 403-425, December.
- Rodrik, Dani, 1995. "The Dynamics of Political Support for Reform in Economies in Transition," CEPR Discussion Papers 1115, C.E.P.R. Discussion Papers.
- Dewatripont, M & Roland, G, 1992.
"The Virtues of Gradualism and Legitimacy in the Transition to a Market Economy,"
Royal Economic Society, vol. 102(411), pages 291-300, March.
- Mathias Dewatripont & Gérard Roland, 1992. "The virtues of gradualism and legitimacy in the transition to a market economy," ULB Institutional Repository 2013/9587, ULB -- Universite Libre de Bruxelles.
- Dewatripont, Mathias & Roland, Gérard, 1991. "The Virtues of Gradualism and Legitimacy in the Transition to a Market Economy," CEPR Discussion Papers 538, C.E.P.R. Discussion Papers.
- Aslund,Anders, 2002.
Cambridge University Press, number 9780521801393, December.
- Tito Boeri & Katherine Terrell, 2001.
"Institutional Determinants of Labor Reallocation in Transition,"
William Davidson Institute Working Papers Series
384, William Davidson Institute at the University of Michigan.
- Tito Boeri & Katherine Terrell, 2002. "Institutional Determinants of Labor Reallocation in Transition," Journal of Economic Perspectives, American Economic Association, vol. 16(1), pages 51-76, Winter.
- Swaddle, Kevin & Heath, Anthony, 1989. "Official and Reported Turnout in the British General Election of 1987," British Journal of Political Science, Cambridge University Press, vol. 19(04), pages 537-551, October.
- Fernandez, Raquel & Rodrik, Dani, 1991. "Resistance to Reform: Status Quo Bias in the Presence of Individual-Specific Uncertainty," American Economic Review, American Economic Association, vol. 81(5), pages 1146-1155, December.
- World Bank, 2001. "Bulgaria : The Dual Challenge of Transition and Accession," World Bank Publications, The World Bank, number 13958.
- Schwartz, Anna J., 1993. "Currency boards: their past, present, and possible future role," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 39(1), pages 147-187, December.
- Warner, Andrew M., 2001. "Is Economic Reform Popular at the Polls? Russia 1995," Journal of Comparative Economics, Elsevier, vol. 29(3), pages 448-465, September.
- Gérard Roland, 2002. "The Political Economy of Transition," Journal of Economic Perspectives, American Economic Association, vol. 16(1), pages 29-50, Winter.
- Carlson, John A. & Valev, Neven T., 2001. "Credibility of a new monetary regime: The currency board in Bulgaria," Journal of Monetary Economics, Elsevier, vol. 47(3), pages 581-594, June.
- Doyle, Orla & Fidrmuc, Jan, 2003. "Anatomy of Voting Behaviour and Attitudes During Post-Communist Transition Czech Republic 1990-98," CEPR Discussion Papers 3801, C.E.P.R. Discussion Papers.
- John Ham & Jan Svejnar & Katherine Terrell, 1998.
"Unemployment and the Social Safety Net During Transitions to a Market Economy: Evidence from the Czech and Slovak Republic,"
William Davidson Institute Working Papers Series
169, William Davidson Institute at the University of Michigan.
- Ham, John C & Svejnar, Jan & Terrell, Katherine, 1998. "Unemployment and the Social Safety Net during Transitions to a Market Economy: Evidence from the Czech and Slovak Republics," American Economic Review, American Economic Association, vol. 88(5), pages 1117-1142, December.
- Polackova, Hana & Shatalov, Sergei & Zlaoui, Leila, 2000. "Managing fiscal risk in Bulgaria," Sede de la CEPAL en Santiago (Estudios e Investigaciones) 34723, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
- Nannestad, Peter & Paldam, Martin, 1994. "The VP-Function: A Survey of the Literature on Vote and Popularity Functions after 25 Years," Public Choice, Springer, vol. 79(3-4), pages 213-245, June.
- Dobrinsky, Rumen, 2000. "The Transition Crisis in Bulgaria," Cambridge Journal of Economics, Oxford University Press, vol. 24(5), pages 581-602, September.
- Kinder, Donald R. & Kiewiet, D. Roderick, 1981. "Sociotropic Politics: The American Case," British Journal of Political Science, Cambridge University Press, vol. 11(02), pages 129-161, April.
When requesting a correction, please mention this item's handle: RePEc:wdi:papers:2003-577. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (WDI)
If references are entirely missing, you can add them using this form.