Bulgarian Foreign Trade in the 1930s (Guidelines, Tools, Results)

Marco Dimitrov ()
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Marco Dimitrov: University of National and World Economy Sofia, Bulgaria

Proceedings of the Centre for Economic History Research, 2022, vol. 7, 176-189

Abstract: The goal of this review paper is to show the development of Bulgaria's foreign trade during one of the most turbulent periods in the history of the world economy – the 1930s. The general international conditions in which foreign trade relations were developing in the world at that time are outlined and the place of Bulgaria in these relations is noted. The main focus is on the Bulgarian state foreign trade policy. As a result of the complicated conditions for foreign trade activity, the state intervened aggressively on the market. It began to use new, hitherto unknown, interventionist policies, and gradually became a decisive factor in this field. The paper shows the results of the state intervention in foreign trade and the conclusion is made that this intervention is the main factor for Bulgaria to successfully overcome the difficulties caused by the Great Depression, related to the international exchange of goods. At the end of the considered period, foreign trade of the country was on the rise.

Keywords: Foreign trade; foreign trade of Bulgaria; economic policy; economic history of Bulgaria; Bulgaria in the 1930s (search for similar items in EconPapers)
JEL-codes: N10 N14 N24 N44 N74 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:ceh:journl:y:2022:v:7:p:176-189

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