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Specialized Institutions in the Bulgarian Economy during the Two World Wars. Historical Parallels

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  • Liliana Veleva

    (University of National and World Economy - Sofia, Bulgaria)

Abstract

During the two world wars, the economies of the warring powers went into a regime of centralized state government for regulation and control. A whole system is being built with new organizational principles, with a new legal basis that covers all sectors of economic life. The state established its own administrative bodies, which were authorized to carry out its tasks and objectives of intervention in production, trade, food supply, price regulation, etc. Bulgaria was involved in both global conflicts. A series of mobilization measures also were implemented and the economy was put in wartime mode. Among the specialized institutions that operated during the First World War were the Committees and the Directorate for economic care and public foresight. During the Second World War, the Supreme and Regional Chambers of Commerce were established. Their activities reveal the Bulgarian experience and the peculiarities of the state government in military conditions. The business chambers used organizational and structural elements of the Italian and German authoritarian models.

Suggested Citation

  • Liliana Veleva, 2025. "Specialized Institutions in the Bulgarian Economy during the Two World Wars. Historical Parallels," Proceedings of the Centre for Economic History Research, Centre for Economic History Research, vol. 10, pages 238-246, November.
    • Handle: RePEc:ceh:journl:y:2025:v:10:p:238-246
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    JEL classification:

    • N44 - Economic History - - Government, War, Law, International Relations, and Regulation - - - Europe: 1913-
    • N24 - Economic History - - Financial Markets and Institutions - - - Europe: 1913-

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