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Georgi Petrov and the Bulgarian Economic Reform: Four Rediscovered Articles from “Rodopski Ustrem” (1964)

Author

Listed:
  • Nikolay Nenovsky
  • Tsvetelina Marinova

Abstract

The article presents four rediscovered early publications by Georgi Petrov (1929–2026), published in the newspaper “Rodopski Ustrem” in September 1964 and devoted to Bulgaria’s economic reform. They address the decentralization of economic management, the autonomy of enterprises, the role of profit and profitability, credit, and material incentives. The texts testify to an early and radical search for market mechanisms within the socialist economy. Their rediscovery and publication contribute to the history of Bulgaria’s economic reforms of the 1960s and allow for a more precise assessment of Georgi Petrov’s place in the reform debates of the period.

Suggested Citation

  • Nikolay Nenovsky & Tsvetelina Marinova, 2026. "Georgi Petrov and the Bulgarian Economic Reform: Four Rediscovered Articles from “Rodopski Ustrem” (1964)," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 3, pages 382-400.
    • Handle: RePEc:bas:econth:y:2026:i:3:p:382-400
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    File URL: https://ethj.iki.bas.bg/etj/article/view/1307/2151
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    More about this item

    JEL classification:

    • B3 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals
    • C60 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - General
    • P20 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - General
    • P30 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions - - - General
    • P51 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems - - - Comparative Analysis of Economic Systems

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