History of Economic Thought and Policy, vol.2019, no.1, pp.51-66, 2019 (Scopus)
Copyright © FrancoAngeliThis paper focuses on the role of the state on the economic policy of Bulgaria and Turkey during the interwar period. The idea of state/government intervention in the economy has a long tradition in the Balkans. This tradition was influential among both politicians and intellectuals in Bulgaria and Republican Turkey. The comparative perspective of the paper reveals the similarities, but also the differences, in the approach towards the most important economic issues of the Turkish and Bulgarian elite classes. The Bulgarian and Turkish interwar experience demonstrates that the interventionist idea was highly adaptive and well accepted by the political and economic elites of the two countries. Although the economic environment of the 1920s was different from that of the 1930s, state intervention was pervasive.