Steve Hanke: Privatisation Blunders, Corruption Damage Bulgaria's Image

Business | May 22, 2003, Thursday // 00:00

The twin evils of corruption and privatisation blunders have damaged Bulgaria's image and will make it more difficult to attract much-need foreign direct investment, Steve Hanke, Professor of Applied Economics at the Johns Hopkins University in Baltimore and advisor to former President Petar Stoyanov, said in an exclusive interview for novinite.com.

In his opinion the biggest mistake made by the economic team was its failure to follow through on the recommendations he made in an address delivered at the Investment Forum on June 3, 2002.

On a more optimistic note Steve Hanke pointed the retention of the currency board system as the country's biggest success.
FULL Text of the Interview with Steve Hanke Read TODAY in the Exclusive for novinite.com Section

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