Monetary crisis in the 30th and the reactions of Bulgarian economists

Nikolay Nenovski
Authors registered in the RePEc Author Service: Nikolay Nenovsky ()

Business & Management Compass, 2011, issue 3, 9-17

Abstract: In the paper, I deal with the issues of how the Bulgarian academic community interpreted the monetary crisis (especially pound devaluation) and in what theoretical models Bulgarian economists thought and practical solutions they offered during the Great Depression. The decisive phase of the Gre at Depression period was the banking crisis in Austria and Germany, which led to a currency crisis of the sterling pound and its devaluation in the summer of 1931, and of the dollar in early 1934. The crises of those two main currencies began to bear direc tly on Bulgaria and thus became the subject of numerous analyses (Delaisi, 1933; Robbins, 1934). JEL codes: B 10, B 20, B30, N13, N14, G01.

Keywords: Bulgarian economic thought; Great Depression (search for similar items in EconPapers)
JEL-codes: B30 E52 N14 (search for similar items in EconPapers)
Date: 2011
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