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The Great Depression in the eyes of Bulgaria's inter-war economists

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  • Kolev, Stefan

Abstract

The current paper is an attempt to reconstruct the economic policy debates in Bulgaria around the Great Depression in the 1930s. The goal is twofold. First, it is of interest to track down the development of Bulgarian economic thought in the inter-war period and to analyse its intellectual relationships to the evolution of European (especially German-language) political economy. Secondly, due to some significant analogies between the situation in the surveyed period and the current crisis, it seems possible to tentatively draw conclusions from the economists’ debates then as a contribution to crisis management and post-crisis development of Bulgaria today. The paper is only secondarily interested in the quantitative economic history of the 1930s; instead, the primary objective is to show that history of economic thought as a discipline can give qualitative indications how past theoretical discourse can be inspiring both for conducting economic policy and for avoiding past mistakes.

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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 31251.

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Date of creation: 13 Dec 2009
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Handle: RePEc:pra:mprapa:31251

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Related research

Keywords: Great Depression; Bulgaria; economic policy; history of economic thought;

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Cited by:
  1. Nikolay Nenovsky, 2010. "The Bulgarian Economic Thought since 1989: A Personal View," ICER Working Papers 21-2010, ICER - International Centre for Economic Research.

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