Bulgaria Foreign and Economic Policies
Source: The Library of Congress Country Studies
The independent course taken by Tito's Yugoslavia in 1948 caused Bulgaria to seal the Yugoslav border; a 1953 Balkan Pact among Greece, Yugoslavia, and Turkey further isolated Bulgaria, which by that time had cut all relations with Western countries. The Soviet Union now was Bulgaria's only ally. It supplied military and economic advisers and provided the model for Bulgarian social services, economic planning, and education in the early 1950s. Over 90 percent of Bulgarian exports and imports involved Soviet partnership, although the Soviets often paid less than world prices for Bulgarian goods. Because the primitive, mainly agricultural Bulgarian economy closely resembled that of the Soviet Union, Soviet-style centralized planning in five-year blocks had more immediate benefits there than in the other European states where it was first applied in the early 1950s.
Data as of June 1992
NOTE: The information regarding Bulgaria on this page is re-published from The Library of Congress Country Studies. No claims are made regarding the accuracy of Bulgaria Foreign and Economic Policies information contained here. All suggestions for corrections of any errors about Bulgaria Foreign and Economic Policies should be addressed to the Library of Congress.