Land Property and Bulgarian Agrarian Development 1879–1912
Pencho Penchev ()
Proceedings of the Centre for Economic History Research, 2020, vol. 5, 165-181
Abstract:
During the period 1879 – 1912 in Bulgaria the security of private land ownership was very conditional. The rule of law also was not a well-established practice. The paper identifies laws whose provisions were not implemented, normative acts, which, although considered as necessary, were not adopted for a long time, and laws, the application of which generates instability and uncertainty regarding land property. The described institutional disorders and the lack of state capacity contribute to retention of agriculture at a low level with primitive equipment, weak market affiliation and limited productivity.
Keywords: land property state capacity; economic development (search for similar items in EconPapers)
JEL-codes: K11 N54 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:ceh:journl:y:2020:v:5:p:165-181
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