Cooperative banks’ contribution to Bulgaria’s economic and social progress during the inter-war period (1919-1938)

L’apport des banques populaires au progrès économique et social en Bulgarie entre les deux guerres (1919-1938)

Tsvetelina Marinova and Nikolay Nenovsky
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Tsvetelina Marinova: New Bulgarian University, CRIISEA - Centre de Recherche sur les Institutions, l'Industrie et les Systèmes Économiques d'Amiens - UR UPJV 3908 - UPJV - Université de Picardie Jules Verne

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Abstract: Stemming from a long tradition of mutual aid and social solidarity, social finance in Bulgaria arose from particular political and economic conditions. Cooperative banking played a pivotal role in the establishment of Bulgaria's financial and economic system between the two world wars (1919-1938). This article examines the rapid growth of cooperative banks and their impact on the economy in the inter-war period. In the early 1930s, cooperative banks became the most developed form of cooperatives in Bulgaria, particularly in towns.

Date: 2017-04-01
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Published in Revue Internationale de l'Economie Sociale, 2017, 344 (2), pp.105-119. ⟨10.3917/recma.344.0105⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-03827701

DOI: 10.3917/recma.344.0105

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