Macroeconomic Monitor
Начало / Етикети: Тодор Живко

Тодор Живко

How did the first bankruptcy of the People's Republic of Bulgaria occur?

bankruptcy of the People's Republic of Bulgaria

Mass industrialization under central planning In his memoirs published after the fall of the Bulgarian Communist Party regime, Todor Zhivkov wrote that his government returned the gold reserve back to Bulgaria. This is perhaps one of the most notorious lies of the communist dictator. Contrary to Zhivkov's claims, in the 1960s …

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