Bulgarian Economists on the Development of an Independent Basis for Price Formation in COMECON Trade (1958–1971)

Nenovsky, Nikolay and Marinova, Tsvetelina (2026): Bulgarian Economists on the Development of an Independent Basis for Price Formation in COMECON Trade (1958–1971).

Abstract

Between 1958 and 1971 (until the adoption of the Comecon's Comprehensive Programme), active work was carried out on models for complete separation from world (capitalist) market prices. Bulgarian economists were particularly active in this regard, and their position was also expressed politically, which gives us reason to examine their proposals in particular. To this end, the present text sequentially examines several debated methodological issues related to pricing (within the framework of the Marxian labour theory of value, particularly in the work of Jacques Aroyo), selected ideas of Bulgarian economists on practical pricing (again Jacques Aroyo and Evgeni Mateev), the Tsvetkov–Golubarev approach, as well as Stefan Stoilov’s analyses of the potential effects of a transition to an independent pricing basis.

• Item Type: MPRA Paper
• Language: English
• Keywords: Socialist integration, international prices, prices formation, Comecon, Bulgarian economists
• Subjects: B - History of Economic Thought, Methodology, and Heterodox Approaches > B2 - History of Economic Thought since 1925 > B22 - Macroeconomics; B - History of Economic Thought, Methodology, and Heterodox Approaches > B2 - History of Economic Thought since 1925 > B24 - Socialist ; Marxist ; Sraffian; F - International Economics > F5 - International Relations, National Security, and International Political Economy > F50 - General; N - Economic History > N1 - Macroeconomics and Monetary Economics ; Industrial Structure ; Growth ; Fluctuations > N14 - Europe: 1913-; P - Economic Systems > P3 - Socialist Institutions and Their Transitions > P33 - International Trade, Finance, Investment, Relations, and Aid

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