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A Short History of the Great Depression in Bulgaria

Author

Listed:
  • Marinova, Tsvetelina
  • Nenovsky, Nikolay

Abstract

The paper aims to synthesize the causes and factors that have given specific shape to the Great Depression in Bulgaria, its manifestation in the country (Part 1), its phases and forms (Part 2), as well as the subsequent structural change and trajectory of the Bulgarian economy and society (Part 3). We present the major economic ideas as well as the debates that accompanied them. We argue that the overall dynamic of the causes, phases, and consequences of the Great Depression has an internal logic and causal consistency.

Suggested Citation

  • Marinova, Tsvetelina & Nenovsky, Nikolay, 2023. "A Short History of the Great Depression in Bulgaria," MPRA Paper 118527, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:118527
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    File URL: https://mpra.ub.uni-muenchen.de/118591/1/Bulgaria%20Great%20Depression%20WP_NN_TM%20_8_09_2023.pdf
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    References listed on IDEAS

    as
    1. Nenovsky, Nikolay, 2012. "Theoretical Debates in Bulgaria during the Great Depression Confronting Sombart, Marx and Keynes," OEconomia, Editions NecPlus, vol. 2012(01), pages 67-101, March.
    2. Nikolay Nenov Nenovsky & Dominique Torre, 2015. "Productivity-Based Protectionism: A Marxian Reconstruction of Mihail Manoilescu’s Theory," Journal of Economic Issues, Taylor & Francis Journals, vol. 49(3), pages 772-786, July.
    3. Larry Neal, 1979. "The Economics and Finance of Bilateral Clearing Agreements: Germany, 1934-8," Economic History Review, Economic History Society, vol. 32(3), pages 391-404, August.
    4. Torre Dominique & Nenovsky Nikolay, 2022. "Debates, Plans and Interventions to Overcome the 1931 Banking Crisis in Romania and Bulgaria," Jahrbuch für Wirtschaftsgeschichte / Economic History Yearbook, De Gruyter, vol. 63(2), pages 495-525, November.
    5. Nikolay Nenovsky & Tsvetelina Marinova, 2022. "The first steps of the lender of last resort in Bulgaria. History and debates during the Great Depression," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 1, pages 28-53.
    6. Alessandro Roselli, 2014. "Money and Trade Wars in Interwar Europe," Palgrave Macmillan Books, Palgrave Macmillan, number 978-1-137-32700-0.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    agrarian crisis; financial crisis; Great Depression; Bulgaria; economic policy; economic thought;
    All these keywords.

    JEL classification:

    • B2 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925
    • B25 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Historical; Institutional; Evolutionary; Austrian; Stockholm School
    • E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • N1 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations
    • N2 - Economic History - - Financial Markets and Institutions
    • N24 - Economic History - - Financial Markets and Institutions - - - Europe: 1913-
    • N54 - Economic History - - Agriculture, Natural Resources, Environment and Extractive Industries - - - Europe: 1913-
    • Q1 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture

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