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Land Property and Bulgarian Agrarian Development 1879–1912

Author

Listed:
  • Pencho Penchev

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

Abstract

During the period 1879 – 1912 in Bulgaria the security of private land ownership was very conditional. The rule of law also was not a well-established practice. The paper identifies laws whose provisions were not implemented, normative acts, which, although considered as necessary, were not adopted for a long time, and laws, the application of which generates instability and uncertainty regarding land property. The described institutional disorders and the lack of state capacity contribute to retention of agriculture at a low level with primitive equipment, weak market affiliation and limited productivity.

Suggested Citation

  • Pencho Penchev, 2020. "Land Property and Bulgarian Agrarian Development 1879–1912," Proceedings of the Centre for Economic History Research, Centre for Economic History Research, vol. 5, pages 165-181, November.
    • Handle: RePEc:ceh:journl:y:2020:v:5:p:165-181
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    References listed on IDEAS

    as
    1. Peter J. Boettke & Christopher J. Coyne & Peter T. Leeson, 2015. "Institutional stickiness and the New Development Economics," Chapters, in: Laura E. Grube & Virgil Henry Storr (ed.), Culture and Economic Action, chapter 6, pages 123-146, Edward Elgar Publishing.
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    More about this item

    Keywords

    land property state capacity; economic development;

    JEL classification:

    • K11 - Law and Economics - - Basic Areas of Law - - - Property Law
    • N54 - Economic History - - Agriculture, Natural Resources, Environment and Extractive Industries - - - Europe: 1913-

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