Constructing a Market Alternative for the Bulgarian Economy during the Interwar Period

Pencho Penchev ()

Proceedings of the Centre for Economic History Research, 2018, vol. 3, 33-48

Abstract: In general, the perspectives for the Bulgarian economic development during the interwar period were dominated by the ideas of dirigisme. Based on published research of Bulgarian economists the author reveals their market oriented ideas, which were an alternative of the mainstream economic thought. It consists of two basic elements. The first one is - labor-intensive, market-oriented agriculture and joint-stock companies to carry out large-scale initiatives. The second one is an economic policy based on cooperation and support of the private initiative by the state.

Keywords: market; Bulgaria Interwar period (search for similar items in EconPapers)
JEL-codes: B20 N54 (search for similar items in EconPapers)
Date: 2018
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