Bulgaria and the Great War (1912–1919) Some Issues under Discussion among the Bulgarian Economists of that Time

The article highlights the specific problems of Bulgaria’s participation in the First World War as presented by leading Bulgarian economists at the time. The geopolitical realities of the Balkan War (1912-1913) and the fragile national economy and financial system led to Bulgaria's engagement with Germany (1915). It went to war to achieve national unification. In addition to achieving this goal, its economic situation has worsened due to the devastating effects of the conflict on its public finances and the war reparations debt it has had to pay. At the end of the conflict, new ideas of revival and modernization, such as agrarianism and dirigisme were imposed.