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National Market before the National State: Was There a Bulgarian National Market before the Liberation of 1878?

Author

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  • Ivan Roussev

    (University of Economics - Varna, Bulgaria)

Abstract

The article presents arguments in support of the claim that there was a process of integration on the Bulgarian national market even before the Liberation of 1878 and that this process was more and more noticeable in the 1840s, 1850s, 1860s, and 1870s. The research methodology is based on data from the business history of the Bulgarian Revival, including my own explorations on the emergence of commercial companies as a manifestation of commercial modernity in the Bulgarian economic area during the era as well as on the trade networks established by them. The two largest companies, “Evlogiy and Hristo Georgievi” and “Hristo P. Tapchileshtov”, stand out as de facto legitimizers of the Bulgarian national market in the 1850s, 1860s, and 1870s. They represent two important Bulgarian national economic institutions, a state before the state in the economic sphere. Other larger or not so large commercial companies and the trade networks established by them also contributed to the process of integration of the Bulgarian national market: “ Robevi Brothers”, “Geshovi Brothers”, “Komsievi Brothers”, “Karaminkovi Brothers”, “Papazoglu Brothers”, “N. Minchoolu & E. Selveli and friends ”,“Stancho Arnaudov and son”,“Georgi Hadjidraganov”, “The Commercial Company in Kotel” and others. The article provides summary information about these companies, about their trade networks in the Bulgarian lands and abroad, about the movements of their capital, etc. The article compares the similar national processes in the economic and political development of Austria-Hungary and the Ottoman Empire in the nineteenth century. According to a study published in 2012 (Schulze & Wolf, 2012), in late nineteenth-century Austria-Hungary there was an asymmetric intra-imperial integration, which led to the emergence of national markets within the various ethno-linguistic communities of the country. The same process took place in the Ottoman Empire earlier, already in the first half and the middle of the same century, under specific conditions facilitating the integration of separate national markets, including the formation of the Bulgarian market. In the third quarter of the nineteenth century, the Bulgarian Revival elite – economic, cultural, and political – gradually developed the idea of a Bulgarian national market and initiated some original projects within this market. Another approach in studying the topic is also possible – tracking and comparing the movement of prices of major types of goods in smaller or larger areas of the Balkans and the Ottoman Empire, including the Bulgarian ethnic territory during this period. There is no doubt that serious future efforts on the part of a wider circle of researchers are needed, but this cannot happen if the discussion is not opened, if the topic of the emergence of the Bulgarian national market has not been drawn to attention. This article aims to provoke the interest of researchers on the topic.

Suggested Citation

  • Ivan Roussev, 2020. "National Market before the National State: Was There a Bulgarian National Market before the Liberation of 1878?," Proceedings of the Centre for Economic History Research, Centre for Economic History Research, vol. 5, pages 68-91, November.
  • Handle: RePEc:ceh:journl:y:2020:v:5:p:68-91
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    References listed on IDEAS

    as
    1. Petko Petkov, 2017. "The Economic Development of Bulgarians as Seen Through the Documentary Heritage of Georgi St. Rakovski," Proceedings of the Centre for Economic History Research, Centre for Economic History Research, vol. 2, pages 55-71, November.
    2. Max‐Stephan Schulze & Nikolaus Wolf, 2012. "Economic nationalism and economic integration: the Austro‐Hungarian Empire in the late nineteenth century," Economic History Review, Economic History Society, vol. 65(2), pages 652-673, May.
    3. Ivan Roussev, 2017. "Diversity in the Spread of Modern Economic Culture among Bulgarians during the Bulgarian National Revival period (18th – 19th Centuries)," Proceedings of the Centre for Economic History Research, Centre for Economic History Research, vol. 2, pages 35-54, November.
    4. Ivaylo Naydenov, 2017. "Commercial Entrepreneurship during the Bulgarian National Revival Period: the Case of Pulievi Brothers (1839–1868)," Proceedings of the Centre for Economic History Research, Centre for Economic History Research, vol. 2, pages 343-355, November.
    5. Mariana Drumeva, 2017. "The Economic Life on the Bulgarian Lands, Reflected in Commercial Activities of Tsvyatko Radoslavov (50–70's of the 19th Century)," Proceedings of the Centre for Economic History Research, Centre for Economic History Research, vol. 2, pages 356-374, November.
    6. 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. Ivan Roussev, 2022. "Bulgarian Market Foreign Trade Dilemmas during the 1850s–1870s," Proceedings of the Centre for Economic History Research, Centre for Economic History Research, vol. 7, pages 64-78, November.
    2. Pencho Penchev, 2021. "The Role of the Market in the Bulgarian Revival," Proceedings of the Centre for Economic History Research, Centre for Economic History Research, vol. 6, pages 29-43, November.

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    More about this item

    Keywords

    Bulgarian national market; Bulgarian National Revival Period; commercial companies; trade networks; movement of prices;
    All these keywords.

    JEL classification:

    • N13 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Europe: Pre-1913
    • N23 - Economic History - - Financial Markets and Institutions - - - Europe: Pre-1913
    • N73 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services - - - Europe: Pre-1913
    • N93 - Economic History - - Regional and Urban History - - - Europe: Pre-1913

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