The Turnovo Constitution – Ownership, Finances, Economy

Milko Palangurski ()
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Milko Palangurski: ‘St Cyril and St Methodius’ University of Veliko Tarnovo, Bulgaria

Proceedings of the Centre for Economic History Research, 2018, vol. 3, 23-32

Abstract: The 1879 Constitution of Turnovo gives liberal direction to the economic development of Bulgaria. The constitutional text proclaims equality of ownership and its inviolability. Citizens are not limited in their right to economic initiative and association. The state regulates taxation and the allocation of budget funds using the modern European practices. The economic backwardness has pushed the country's political elite to create and speed up the modernization process through a system of economic ministries.

Keywords: constitution; economy; finances; right to have own property; state policy (search for similar items in EconPapers)
JEL-codes: N01 (search for similar items in EconPapers)
Date: 2018
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