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Defining Economic Nationalism on the Basis of 19th Century Bulgarian Experience

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  • Pencho D. Penchev

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

Abstract

The aim of this paper is to clarify the definition of economic nationalism on the basis of recent scientific achievements, and by drawing attention to new facts from the history of economic thought in Bulgaria before the liberation of the country from Ottoman domination (1878). According to modern concepts economic nationalism is not illiberal or protectionist, because some economic nationalists were liberals and free-traders. The existing definitions of economic nationalism are based on the explicit or implicit assumption of the existence of a nation-state. An important feature of the early history of the Bulgarian economic nationalism is that it was stateless, because until Bulgaria’s liberation in 1878 the Bulgarians did not have a nation-state. Therefore economic nationalism is defined as a collectivist approach to the economy based on the deliberate encouragement of one’s own nation.

Suggested Citation

  • 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.
    • Handle: RePEc:hid:journl:v:24:y:2016:1:5:p:83-104
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    Cited by:

    1. Nikolay Nenovsky & Pencho Penchev, 2018. "Between Enthusiasm and Skepticism: Bulgarian Economists and Europe (1878-1944)," HISTORY OF ECONOMIC THOUGHT AND POLICY, FrancoAngeli Editore, vol. 2018(1), pages 27-55.
    2. 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.
    3. Hristiyan Atanasov, 2023. "The Attitude towards Usurers and Interest in the Nineteenth-Century Ottoman Bulgaria. The Orthodox Perspective," Proceedings of the Centre for Economic History Research, Centre for Economic History Research, vol. 8, pages 45-59, November.

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