Integration without Convergence? Explaining Bulgaria’s Innovation Paradox
Introduction “One can say without exaggeration that Europe invented a ‘convergence machine’, taking in poor countries and helping them become high-income economies.” This was the famous assessment of Indermit Gill, Chief Economist for Europe and Central Asia at the World Bank, in 2012. Now, more than a decade later, this ‘convergence machine’ has delivered meaningful […]

