Industrialization of the Economy of the Capital City 1900–1918. Dynamism for nearly Two Decades Cover Image
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Индустриализация на столичното стопанство 1900–1918 г. Динамика почти две десетилетия
Industrialization of the Economy of the Capital City 1900–1918. Dynamism for nearly Two Decades

Author(s): Tsvetana Todorova
Subject(s): History, Economic history, Local History / Microhistory, Social history, Recent History (1900 till today), Special Historiographies:, Pre-WW I & WW I (1900 -1919), Between Berlin Congress and WW I
Published by: Институт за исторически изследвания - Българска академия на науките
Keywords: Sofia; capitalist industrialization; First World War; Commercial Law of 1897

Summary/Abstract: The capitalist industrialization of the economy of Sofia from the early 20th c. to the end of the First World War is described by the authoress as a differentiated period with high indices of modernization for a country which had lagged at the periphery of Europe’s development. A study has been made of the inventories and company registers preserved in the Sofia State Archives of a large number of economic bodies legalized and operating under the Commercial Law of 1897. Of them have been processed the data for 1,187 industrial representations, transport and brokers’ bureaux and agencies, bankers’ and insurance companies, and public service firms, including those in the sphere of culture. As an expression of the stable character of the modernizing process of these economic formations at least so far have been identified 365 as having remained in a leading position in the economic life of the capital city also in the following decades, during the Second World War up to the nationalization. Some, though restructured, made up even later the production force of thew capital city. In the panoramic picture of this impressive activity of the firms, the study depicts the dynamics of the modernization by the dimensions of the fundamental process of binding into one complex agricultural and industrial production and a strong development of the export orientation of the economy. The decisive financial role is outlined of the bankers’ elite, the participation by investments of European capital and other aspects of the remarkably successful start of the industrialization of the economy of the capital city.

  • Issue Year: 1999
  • Issue No: 3-4
  • Page Range: 18-50
  • Page Count: 33
  • Language: Bulgarian