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A factor 10-20 is really a bit much to accomplish what the basic income shall do in western Europe.

I can only hope that the adjustment in Bulgaria will be similar fast as in the balic republics, with high real growth + high inflation.

For excessive corruption, unfortunately I don't know a cure.

Der Amerikaner ist die Orchidee unter den Menschen
Volker Pispers

by Martin (weiser.mensch(at)googlemail.com) on Tue Oct 7th, 2008 at 09:56:23 AM EST
[ Parent ]
there cannot be growth in a country that is being parasitised by corruption to the extent bulgaria is suffering.

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Tue Oct 7th, 2008 at 10:04:17 AM EST
[ Parent ]
Investment and exports will remain sufficiently robust to keep the rate of GDP growth well above 5% over the forecast period.
2006 and 2007 were even better.

And if this corruption would really keep Bulgaria down forever, what would you propose? Just ignoring it?

Der Amerikaner ist die Orchidee unter den Menschen
Volker Pispers

by Martin (weiser.mensch(at)googlemail.com) on Tue Oct 7th, 2008 at 10:22:46 AM EST
[ Parent ]
Just as in many other desperately corrupt countries, the rewards of that growth stays in a few well-connected hands and there is no trickle down.

No I don't recommend ignoring it, but I really don't know what can be done about it. the government is the problem, not the solution. Elections are just basically stolen. Somebody once explained to me how the mayor of a small town got elected despite the fact that almost nobody voted for him. Not only was nobody surprised, nobody got angry cos as far as they're concerned, that's how the system "works".

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Tue Oct 7th, 2008 at 10:33:43 AM EST
[ Parent ]

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