Year 2014, Issue 

Date published

29.12.2014

Table of content

  • Atanas Damyanov
    The Potential Effects of Political Manoeuvres on European Trade
    JEL: F00, F01, F1
    Summary: This research paper consists of three parts. Part one presents some essential, semantic and synonymous characteristics of the concept of effect and arrives at the conclusion that almost any effect stems from a certain theory... This research paper consists of three parts. Part one presents some essential, semantic and synonymous characteristics of the concept of effect and arrives at the conclusion that almost any effect stems from a certain theory related to some scientific field. Part two identifies applicable indicators for measuring the impact of political manoeuvres in European trade and presents a three-vector matrix which consists of political decisions, the size of countries, and indicators/effects. Part three specifies further the effects based on mutual sanctions, namely: the income effect, the boomerang effect, etc. and proposes three possible scenarios for recovering the architecture of European trade which has been developed over the last twenty-five years.
  • Hristina Blagoycheva
    Adjusting Unemployment Benefits to the Economic Cycle
    Summary: As a socio-economic phenomenon, unemployment is intrinsic to any market economy. Unemployment benefits provide incomes to individuals who have lost their jobs and the possibility of bearing the severity of risk collectively. The... As a socio-economic phenomenon, unemployment is intrinsic to any market economy. Unemployment benefits provide incomes to individuals who have lost their jobs and the possibility of bearing the severity of risk collectively. The generosity of unemployment benefits may affect the incentives for searching and accepting a job, as well as the duration of unemployment. They could therefore act as an inbuilt economic stabiliser which is adjusted to a particular economic cycle. The article aims to identify potential pros and cons and examine the extent to which unemployment benefits in Europe and Bulgaria successfully act as inbuilt automatic stabilisers.
  • Lyudmil Krystev
    A Comparative Analysis of Return on Equity in Bulgarian Public Companies
    JEL: G21, G22
    Summary: In practice, there are different criteria for the classification of Bulgarian public companies. Public companies are most commonly ranked according to their market capitalisation and realised turnover (the value amount of... In practice, there are different criteria for the classification of Bulgarian public companies. Public companies are most commonly ranked according to their market capitalisation and realised turnover (the value amount of transactions with shares in a company). In this article, another criterion for the classification of Bulgarian public companies has been proposed. This criterion is the return reached by the shares of public companies. In the article, a comparative analysis of return on equity in Bulgarian public companies in the insurance and banking sectors has been made.
  • Yordan Neykov
    Issues Facing the European Union a SWOT Analysis
    JEL: F15, F51
    Summary: The new realities facing the European Union at the beginning of the XXI century placed it in an unpredictable situation of crisis, geopolitical conflict and overindebtedness. These conditions slowed the pace of development and led... The new realities facing the European Union at the beginning of the XXI century placed it in an unpredictable situation of crisis, geopolitical conflict and overindebtedness. These conditions slowed the pace of development and led in fact to the economic slowdown in the European Union - with modest GDP growth in 2013 and low inflation. The European Union has been facing a number of internal difficulties and many threats from the external environment. For this reason there is a need for analysis that takes into account both the internal state of the European Union and the external environment which was characterised by high complexity and dynamics in the period 2008 - 2014.
  • G. Tahov
    Current Issues in the Financial Management of Cross-Border Infrastructure Projects
    Summary: The aim of this paper is to critically present current problems, basic models and influential factors in the development of competencies for the financial management of cross-border infrastructure projects in general, and in... The aim of this paper is to critically present current problems, basic models and influential factors in the development of competencies for the financial management of cross-border infrastructure projects in general, and in particular, to create a transport connection between Bulgaria and Romania as countries and members of the EU. The article is in three main parts. In the first part the focus is on factor models for the financial management of infrastructure projects. The second part develops ideas for grouping and classifying the problems facing cross-border infrastructure projects for transport connectivity. The third part presents a synthesised empirical analysis of the Danube Bridge 2: Vidin - Calafat project as a successful example of cross-border project management.