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Between Enthusiasm and Skepticism: Bulgarian Economists and Europe (1878-1944)

Author

Listed:
  • Nikolay Nenovsky

    (CRIISEA - Centre de Recherche sur les Institutions, l'Industrie et les Systèmes Économiques d'Amiens - UR UPJV 3908 - UPJV - Université de Picardie Jules Verne)

  • P. Penchev
Abstract
In this article, we present the discussions of Bulgarian economists as regards the strategic development opportunities of the Balkans and Bulgaria in particular within Europe. We focus on the integration efforts of Bulgaria within an economic unit larger than national market during the decades of the so-called first Bulgarian capitalism. Those are the years since the Liberation of Bulgaria from the Ottoman rule in 1878 to the forced imposition of the Communist regime in 1944. The public expenditures on bureaucracy, army, foreign policy etc. increased after Bulgaria's Liberation. The integration efforts on Bulgarian side were an attempt to ameliorate some negative consequences of the lost ``public goods'' of being part of the Ottoman Empire. This was the main source of the Bulgarian economists' pro-European enthusiasm. However, the enthusiasm was combined with skepticism. The main fuel of skepticism came from the fear that industrially developed countries of Central and Western Europe would not allow the industrialization or modernization of the Bulgarian economy. The presentation follows the historical stages of development of the Bulgarian economy and society. It starts from the late pre-liberation era goes through the late 19 th and early 20 th -century ideas for Balkan economic integration, the World War I, and the Great Depression effects, and finishes with the Second World War. Copyright \textcopyright FrancoAngeli.

Suggested Citation

  • Nikolay Nenovsky & P. Penchev, 2018. "Between Enthusiasm and Skepticism: Bulgarian Economists and Europe (1878-1944)," Post-Print hal-03680624, HAL.
    • Handle: RePEc:hal:journl:hal-03680624
    DOI: 10.3280/SPE2018-001002
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    References listed on IDEAS

    as
    1. Bertrand BLANCHETON & Nikolay NENOVSKY, 2013. "Protectionism and Protectionists Theories in the Balkans in the Interwar Period," Cahiers du GREThA (2007-2019) 2013-02, Groupe de Recherche en Economie Théorique et Appliquée (GREThA).
    2. Nenovsky, Nikolay, 2012. "Theoretical Debates in Bulgaria during the Great Depression Confronting Sombart, Marx and Keynes," OEconomia, Editions NecPlus, vol. 2012(01), pages 67-101, March.
    3. Nikolay Nenovsky & Pencho Penchev, 2015. "Reconstructing Eclecticism: Bulgarian Economic Thought in the Ottoman Empire in the Nineteenth Century," History of Political Economy, Duke University Press, vol. 47(4), pages 631-664, December.
    4. Kalina Dimitrova & Nikolay Nenovsky, 2006. "Exchange Rate and Inflation: France and Bulgaria in the Interwar Period," ICER Working Papers 34-2006, ICER - International Centre for Economic Research.
    5. Nikolay Nenov Nenovsky & Dominique Torre, 2015. "Productivity-Based Protectionism: A Marxian Reconstruction of Mihail Manoilescu’s Theory," Journal of Economic Issues, Taylor & Francis Journals, vol. 49(3), pages 772-786, July.
    6. K. Dimitrova & Nikolay Nenovsky & G. Pavanelli, 2007. "Exchange rate control in Italy and Bulgaria in the interwar period. History and Perspectives," Post-Print halshs-00259693, HAL.
    7. Broadberry,Stephen & O'Rourke,Kevin H., 2010. "The Cambridge Economic History of Modern Europe," Cambridge Books, Cambridge University Press, number 9780521708395.
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    9. Broadberry,Stephen & O'Rourke,Kevin H. (ed.), 2010. "The Cambridge Economic History of Modern Europe 2 Volume Hardback Set," Cambridge Books, Cambridge University Press, number 9780521199179.
    10. Pencho D. Penchev, 2016. "Defining Economic Nationalism on the Basis of 19th Century Bulgarian Experience," History of Economic Ideas, Fabrizio Serra Editore, Pisa - Roma, vol. 24(1), pages 83-104.
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    Cited by:

    1. Nikolay Nenovsky & Tsvetelina Marinova, 2022. "Bulgaria during the Great Depression. In search of a new economic and social development model," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 5, pages 513-540.

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    More about this item

    JEL classification:

    • B1 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925
    • B2 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925
    • N43 - Economic History - - Government, War, Law, International Relations, and Regulation - - - Europe: Pre-1913
    • N44 - Economic History - - Government, War, Law, International Relations, and Regulation - - - Europe: 1913-
    • F15 - International Economics - - Trade - - - Economic Integration

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