ABSTRACT

The ideas of the German Historical School were disseminated in Bulgaria with some delay due to the general economic, social and ideological falling behind of Bulgaria when compare to the developed western countries. In the different stages of their influence, they commingled with ideas and characteristic of different national traditions in economic thought and with various other schools and trends such as classical liberalism, quantitative monetarism and the Austrian School of economics. The main representatives of the Bulgarian were responsible for the most important economic policy decisions and they illustrates that there was no dramatic contradiction between liberalism and the ideas of the German Historical School. The German Historical School's main elements such as organic and multicausal development and stage character and evolution, which are broadly consider as a general theoretical model for newly emerging and backward economies suited well the interests of the basic social groups and the intellectual views of the newly formed Bulgarian elites.