The Parliament, Business and Professional Organizations and Passing of the Local Industry Encouragement Act (1928)

Rumyana Parvanova ()
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Rumyana Parvanova: Institute for Historical Researches – Bulgarian Academy of Sciences

Proceedings of the Centre for Economic History Research, 2018, vol. 3, 139-150

Abstract: In the period from 1894 to 1928 Bulgarian governments passed four acts of encouragement of local industry. The researchers usually have negative attitude to these acts as protectionist measures, which are controversial to free market. The aim of this paper is to show the “kitchen” of passing the 1928 act. The author reveals the positions of parliamentary parties towards industrial protection in general. Some MPs and business organizations played the role of a lobby for proposal of some perspective productions, but some of them gave their support to the branches, which were in crisis. Against tax concessions there were protests from the political opposition, but also from MPs of the governing party. Only two years after passing the act was revised.

Keywords: protectionism; laws of encouragement of development of local industry; positions of parliamentary parties; parliamentary debates (search for similar items in EconPapers)
JEL-codes: K23 N14 (search for similar items in EconPapers)
Date: 2018
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