Abstract
In 1996–1997, Bulgaria experienced a sharp and severe financial crisis with both banking and currency-crash components. Section 9.1 starts with a brief overview of the crisis chronology. Section 9.2 analyzes key macroeconomic indicators, while section 9.3 deals with microeconomic phenomena. In addition, section 9.4 provides some political background to the crisis. Section 9.5 returns to the dynamics of the crisis itself and how it was resolved. Finally, section 9.6 offers summary conclusions.
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Ganev, G. (2003). The Bulgarian Currency Crisis of 1996–1997. In: Dąbrowski, M. (eds) Currency Crises in Emerging Markets. Springer, Boston, MA. https://doi.org/10.1007/978-1-4615-0343-9_9
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DOI: https://doi.org/10.1007/978-1-4615-0343-9_9
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