Aspects of Bulgarian Еconomic Policy and Development During and After the First World War (1914-1929)

Abstract

The wars for national unity of Bulgaria at the beginning of the 20th century had severe consequences for its economy. Just in the course of seven years, the country had participated in three devastating wars and the peace treaties had damaging impact on its economy. The present paper analyzes the changes that had occurred in the Bulgarian economy during and after the First World War and the imposition of economic policy of protectionism by the state for the economic recovery after the war.