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The Historic "March" of the Bulgarian Economy in the Space of the Liberal and the State Capitalism


  • Georgi Naidenov

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

  • Kaloyan Haralampiev

    (Sofia University "Saint Kliment Ohridski", Sofia, Bulgaria)


The research uses as methodology the cluster analysis of the types of capitalism made in a project funded by the SRA of UNWE "The clusters of capitalism (typology and dynamics of the capitalist economies)" defended and published as a monograph. The historic "march" of the Bulgarian economy in the space of the liberal and the state capitalism for the period from 1925 to 2005 is studied. Economic, demographic, infrastructure and social indicators of the Bulgarian economy are examined. The comparative analysis of the socio-economic development of Bulgaria and Greece is made.

Suggested Citation

  • Georgi Naidenov & Kaloyan Haralampiev, 2015. "The Historic "March" of the Bulgarian Economy in the Space of the Liberal and the State Capitalism," Nauchni trudove, University of National and World Economy, Sofia, Bulgaria, issue 2, pages 87-148, May.
  • Handle: RePEc:nwe:natrud:y:2015:i:2:p:87-148

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    More about this item


    capitalist way of production; liberal capitalism; soviet state capitalism; cluster analysis; gap minder; GDP per capita; share of public sector in the national economy; share of GDP distributed by government; fluctuation and jumping of the clusters.;

    JEL classification:

    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
    • C38 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Classification Methdos; Cluster Analysis; Principal Components; Factor Analysis
    • N14 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Europe: 1913-
    • N34 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - Europe: 1913-
    • N74 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services - - - Europe: 1913-
    • P10 - Economic Systems - - Capitalist Systems - - - General
    • P20 - Economic Systems - - Socialist Systems and Transition Economies - - - General
    • P52 - Economic Systems - - Comparative Economic Systems - - - Comparative Studies of Particular Economies


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