Skip to main content

Bulgaria in the trap of neoliberalism

In 1989 the Berlin Wall fell and the so-called “transition period” for Central and Eastern Europe began. The goal pursued was a radical change of society at economic, political and social level. In relation to this, Bulgaria endorsed a variety of development programs, which were manipulated by the two supranational institutions – the World Bank and the International Monetary Fund. The country was quickly encompassed by a wide network of non-governmental organizations (NGOs) whose number amounts nowadays to 38,000. The UN agencies, supranational authorities and NGOs organized and coordinated Bulgaria’s transition through the same methods, ideas and language, which were being used for the Third World Countries by that time.

by Daniela Penkova

PART 6 - The Results

Growth for the sake of growth is the ideology of the cancer cell.” - Edward Abbey, „Desert Solitaire”

For 25 years of democratization the Bulgarian population has melted by over 1,600,000 – in 2013 the population was 7,245,677 people. Most capable of working citizens leave the country looking for jobs abroad. One of the biggest problems the country is facing is the brain drain – lots of university graduates emigrate to the West. Despite the strong emigration there are still 433,200 unemployed in Bulgaria – 13% according to the official data from 2013.

In 2013 the trade balance was negative by 4,794,578 dollars, as it has been negative through all the years since 1991. Yet, GDP has tripled reaching 7498 dollars per capita.

The number of hospital beds decreases, reaching 606.9 per 100,000 citizens. The restructuring of the health and education systems, carried out according to the conditions of the loans from the World Bank and the IMF, depicts extremely well the negative effect of the “aid” of the financial institutions on the social sector and the human resources working there. Even if we accept that they have been in the need to be improved and modernized, the radical changes in these sectors have totally devastated all the positive results achieved by that moment.

In addition, the personnel in these sectors consisting of 70-80% women was drastically reduced. In this case as well as in many other cases of restructuring and privatization, the reforms have had an extremely negative effect mostly on women. The international institutions and the national governments do not take into consideration the influence of the reforms on the human aspect.

In the years of the transition since 1989 the health status of the Bulgarian population has been worsening, the death rate has been increasing (especially among capable of working men because of cardiovascular diseases), the demographic growth has been diminishing (and now is negative, -0.8) and the social inequality has been deepening.

It is obvious that the neoliberal measures, imposed on the developing countries with catastrophic results, achieve the same effect of impoverishment in the countries of the former Socialist Block. But in this case it is impossible to put in motion the usual excuses for lacking industrialization, having in mind that it was very well developed in Bulgaria at the dawn of transition.

In Bulgaria’s case we are not talking about some “inherent” poverty, which the policies of development were unable to eradicate. We are talking here about a full dismantling of well functioning industry and social structures. Hunger and poverty have been brought by those neoliberal policies “of development” and now we should ask ourselves: Is it not high time to get rid of them already? And if so, what economic policies do we have to undertake?

Source and references:


[1] [2] [3] [4] [5]

Comments

Popular posts from this blog

F-35s & AI Chips: How MBS Outplayed Washington & Beijing

GVS Deep Dive  Saudi Arabia just secured two of the most powerful assets in modern geopolitics: the U.S. F-35 stealth fighter and tens of thousands of Nvidia’s most advanced AI chips. Washington hoped this would pull Riyadh firmly back into the American orbit. But the outcome is something neither side fully expected: Mohammad bin Salman outplayed both Washington and Beijing — and used the great-power rivalry to his advantage.

Greece, Palestine & Zionism: FPTV Reports from Athens

Free Palestine TV   Laith Marouf & Rabih Ghannam travel to Athens, Greece, and take a walking tour with local activists Evan Katsounis and Maria Kosmidi, to discover the rich history of anti-Zionist and anti-Fascist actions in the city, as well as the current Zionist incursion into the property sector and the counter actions directed at the presence of these War Criminals on the streets of the city. 

Trump RUINED: Israel First Lies & Economic Freefall Just ENDED MAGA

Danny Haiphong   Tucker Carlson isn't the only journalist breaking with Trump. In this video, Patrick Henningsen goes scorched earth on Trump's massive betrayal of what he promised his "MAGA" base and blows the lid off how his massive lies serve as a cover up for a much bigger structural problem in America's 'Israel First' political system, what Tucker and major voices in elite MAGA won't tell you.  

Trump BLEW IT: Israel, Candace Owens & Epstein BURY MAGA (But Not How You Think)

Danny Haiphong   Trump has bent the knee to Israel for the last time. Patrick Henningsen exposes his horrid record and all the elements that has led to his rapidly coming collapse. 

Capitalism & Genocide - Yanis Varoufakis Speech at the Gaza Tribunal, 23rd October 2025, Istanbul

Yanis Varoufakis   On 23rd October, Yanis Varoufakis testified in front of the Jury of Conscience in the context of the Gaza Tribunal. His speech focused on the economic forces underpinning the genocide of the Palestinian people. In particular, he spoke on the manner in which capitalist dynamics have historically fuelled the white settler colonial project and, more recently, how the accumulation of a new form of capital - which he calls cloud capital - has accelerated, deepened and amplified the economic forces powering and propelling the machinery of genocide. 

Varoufakis: IT technologies will overthrow Capitalism

globinfo freexchange The former Greek Minister of Finance, Yanis Varoufakis, ended his recent speech on the Future of Capitalism, at the New School, New York, with some interesting remarks. As he said: The world we live in, is increasingly rudderless, in a constant slow burning recession, while at the very same time, the increasing concentration in the IT sector is creating the new technologies that will do that which the Left has failed to do: overthrow Capitalism. It is really very simple. The moment machines pass the Turing test properly, and you pick up the phone and you do not know whether the person you are talking to is a human being or a machine ˙ the moment we are going to have 3D printers operating as public utilities - you can send any blueprint to it and it can print from one pin to a motorcycle, or to a car - the moment that this happens, we have not just a process of Schumpeterian creative destruction, but we have a process where economies of sc...

Racing Extinction

suggested by failedevolution.blogspot 18th Thessaloniki Documentary Festival Scientists predict that humanity’s footprint on the planet may cause the loss of 50% of all species by the end of the century. They believe we have entered the sixth major extinction in Earth’s history, following the fifth great extinction which took out the dinosaurs. Our era is called the Anthropocene, or “Age of Man,” because evidence shows that humanity has sparked a cataclysmic change of the world’s natural environment and animal life. Yet, we are the only ones who can stop the change we have created. The Oceanic Preservation Society (OPS), the group behind the Academy Award-winning film The Cove, is back with a new groundbreaking documentary. Joined by new innovators, this highly charged, impassioned collective of activists brings a voice to the thousands of species teetering on the very edge of life. The director has crafted an ambitious mission to clearly and artfu...

Trump Welcomes Syrian Leader & “REFORMED” TERRORIST To White House!

The Jimmy Dore Show   President Donald Trump is planning a White House welcome for Syria’s new president, former al-Qaeda in Iraq leader Ahmed al-Sharaa, who was installed after the overthrow of Bashar al-Assad. Jimmy Dore argues that the U.S. and its allies, including Israel, have long funded extremist groups such as ISIS and al-Qaeda to serve foreign policy interests in the Middle East, so the embrace of al-Sharaa makes sense, even if it might confuse anyone who thought we took seriously the so-called “War on Terror.” He and Americans’ Comedian Kurt Metzger contrast Trump’s willingness to meet with alleged terrorists to his refusal to engage in dialogue with leaders like Venezuela’s Nicolás Maduro, accusing U.S. policy of hypocrisy and imperialism.  

How The CIA & Mossad Set Up Sudan for Genocide since the 1990s

MintPress News   Sudan is being systematically destroyed - not by accident, but by design. This investigation reveals how US imperialism, through Israeli and UAE proxies, has engineered Sudan's collapse since the 1990s to crush the axis of resistance, block China's Belt and Road, and loot Africa's resources families are killed, children starve, and the west profits. 

Maduro's opening to China

“ Chinese President Xi Jinping on Wednesday said he hopes Venezuela will use bilateral financing mechanisms and channel more funds to the areas of energy, mining, agriculture and industry while meeting with Venezuelan President Nicolas Maduro.” “ Financing mechanisms between the two countries total more than 50 billion U.S. dollars, according to Venezuelan experts. Financing mechanisms, including the China-Venezuela Fund, have provided financial support for some 256 projects. China and Venezuela upgraded their relationship to a comprehensive strategic partnership during Xi's visit to Venezuela in 2014, opening a new chapter in bilateral ties.” “ During their meeting, Xi called on the two sides to push bilateral ties to a higher-level. China supports Venezuela's efforts in restructuring its economy and establishing a manufacturing economic model, he said. Xi suggested the two countries push forward cooperation in the fields of oil exploration, infrastru...