Prof. D.Sc.
Pencho Penchev

Founder of CEHR

DSc in Economic History, University of National and World Economy, Sofia, Bulgaria

Phone: 359888122110


DSc in Economic History, University of National and World Economy, Sofia, Bulgaria


1989 – 1994    M.A. in History from Veliko Tarnovo University ’St. St. Cyril and Methodius’

2004                PhD in History

Professional experience

2000-2019 University of National and World Economy, Sofia, Bulgaria

2016                DSc in Economic History

2011 – vice-dean in International Cooperation (Faculty of General Economics)

2010 – Associate professor in Economic History and History of Economic Thought

2004-2010 – chief assistant

2000-2004 –assistant

1995-2000 teacher in history


Main Publications

  • Electrification in the Economic Policy of the Bulgarian State (in Bulgarian)
  • The Danube Bridge (in Bulgarian with co-author)
  • How did it Begin: the Early History of Corruption in Bulgaria (in Bulgarian)
  • Lectures on Modern Economic History
  • Carl Menger on the Theory of Economic History. Reflections from Bulgaria, Panoeconomicus, – forthcoming
  • Francesco Boldizzoni, The Poverty of Clio: Resurrecting Economic History. Princeton, NJ: Princeton University Press, 2011. xi + 228 Pages. USD 50 (cloth). – book review, Review of Austrian Economics, 2013, 2
  • The Evolution of German Historical School in Bulgaria (1878-1944), ICER Working Paper Series, 2013, 8
  • Penchev, P., N. Nenovsky,  Money without a State: Currencies of the Orthodox Christians in the Balkan Provinces of the Ottoman Empire (17th – 19th centuries). Review of Austrian Economics, 2016, 29(1), DOI 10.1007/s11138-014-0281-9, ISSN: 0889-3047 (Print) 1573-7128 (Online).
  • Penchev, P., N. Nenovsky, The evolution of the German Historical School in Bulgaria (1878-1944). In: The German Historical School and European Economic Thought, Chapter: 12, Publisher: Routledge, Editors: Jose Luis Cardoso Michalis Psalidopoulos, pp.204-222. ISBN 978-1-138-94050-5.
  • Penchev, P., N. Nenovsky, Reconstructing Eclecticism: Bulgarian Economic Thought in the Ottoman Empire in the Nineteenth Century. History of Political Economy, v. 37, n. 4, December 2015. pp. 631-664, ISSN 0018-2702, EISSN 1527-1919
  • Penchev, P., M. Erdem Ozgur, The Role of the State in the Economic Policy and Thought of Bulgaria and Turkey during the Interwar Period, History of Economic Thought and Policy, 1, 2019, pp. 51-66, ISSN 2240-9971 , ISSNe 2280-188X
  • Penchev, P., The “Alternative” Socialism of Professor Alexander Tsankov. Economic Alternatives, 2014, 2, pp. 61-75, ISSN 13127462.
  • Penchev, P., The opportunistic national-populism of the Bulgarian political party Ataka in a historical perspective. In: L’Europe a Contre-Pied: Ideologie Populiste et Extremisme de Droite en Europe Centrale et orientale, Edition: first, Publisher: L’Harmattan, Editors: Traian Sandu, pp.75-89, ISBN 978-2-343-05990-7.
  • Penchev, P., Liberals as protectionists in the European periphery. Economic thought and economic policy at the end of 19th and the beginning of 20th century in Bulgaria. Economies et Societes, Serie “Histoire de la pensee economique”, PE, N 50, 6/2014
  • P. Penchev, Defining Economic Nationalism on the Basis of 19th Century Bulgarian Experience. In: History of Economic Ideas, 2016, 24 (1), pp. 83-104, ISSN (print) 1122-8793, ISSN (electronic) 1724-2169
  • Penchev, P., N. Nenovsky, Between Enthusiasm and Scepticism: Bulgarian Economists and Europe (1878-1944). In: History of Economic Thought and Policy 2018, 1, pp. 27-56, ISSN 2240-9971 , ISSNe 2280-188Х
  • P. Penchev, Liberalismus aus dem Blickpunkt der Peripherie. Gregor Nachovich in der bulgarischen Wirtschaftsgeschichte. Bulgarian Historical Review, 2012, issue 1-2, pp. 49-72, ISSN 0204-8906

Conference and Seminar Participation

Atelier Histoire appliquée de la pensée, Университет на Пикардия Амиен, март 2013

– 8th Conference of South-Eastern European Monetary History Network, Amiens, October 2013

– European Trade Policies 1850-1913 – International Conference Bordeaux, march 2013

– DDAD seminar on German Historical School at Athens/6 June 2013

– “Existe-t-il une tradition de pensée méditerranéenne dans le domaine de la pensée et de la philosophie économique et sociale?”, Nice 15-16. 11. 2013

– XV April International Academic Conference on Economic and Social Development, 1-4 April 2014, Moscow.

– 18th ESHET Annual conference, Lausanne – “Liberalisms: perspectives and debates in the history of economic thought”

– XVI April International Academic Conference on Economic and Social Development, 7-10 April 2015, Moscow.

– 19th ESHET Annual conference, Rome, 14-16 May – “Great controversies in Economics”

– 20th ESHET Annual conference, Paris 26-28 May – Inequalities in Economic Though

– 21st ESHET Annual conference, Antwerp May 2017 – Rationality in Economics

– XV Convegno Associazione Italiana per la Storia del Pensiero Economico – 23-25 N0vembre 2017 Roma

– 22nd ESHET Annual conference, Madrid 7-9 June 2018 – Entrepreneurship, Knowledge and Employment

Research Interests

History of Bulgarian economic thought, Economic History of Bulgaria, History and Practice of Socialism, Theory of Economic History

Teaching Interests

Economic History, History of Economic Thought. Comparative Political Economy

Professional Associations

CRIISEA – Amiens, France

ESHET – The European Society for the History of Economic Thought

Monetary Research Center


  • English: Fluent oral and written. Advanced level
  • Russian: Basic oral and written