Year 2020, Issue 1

Date published

28.1.2020

Table of content

  • Atanas Damyanov
    ON A REVITALIZED, VIBRANT, AND PROSPECTIVE PHENOMENON
    Summary: The article comprises four sections an introductory executive summary; a discussion of the Neo-classical concept of the Great Silk Road in Part One; the response of the USA and the EU in Part Two; and a detailed conclusion. The... The article comprises four sections an introductory executive summary; a discussion of the Neo-classical concept of the Great Silk Road in Part One; the response of the USA and the EU in Part Two; and a detailed conclusion. The introduction describes the tectonic shift in the global economic triad (in the past, the present and the future) underlining the dynamic trends in the economic mainstream. Part One presents an analysis of the revival of the Silk Road and its substantiation through the One Belt One Road initiative and justifies its multi-vector diversification. Part One discusses the negative implications of the Rust Belt in The United States of America. Having failed to undermine Chinas initiative, the US launched their Blue Dot Network project whi9le the EU modified the original initiative into a European Silk Road. The extended conclusion reviews the second- and third-level synthesis to define the Belt Economy as an economic trend such as the digital, entrepreneurial, partnership, narrative, etc. types of economy.
  • Marina Nikolova, Marusya Stancheva Linkova
    STATE AND PROBLEMS IN THE MANAGEMENT AND DEVELOPMENT OF AGRICULTURE
    Summary: The international scientific and practical conference on State and Problems in the Management and Development of Agriculture held in Svishtov on 4 October 2019 attracted a great number of Bulgarian and foreign scholars who work in... The international scientific and practical conference on State and Problems in the Management and Development of Agriculture held in Svishtov on 4 October 2019 attracted a great number of Bulgarian and foreign scholars who work in the field of agriculture as well as representatives of the business in the agricultural sector. The scientific forum was attended by 83 representatives from nine countries and three continents; they presented 68 papers dealing with the organization and management of investments and innovations, entrepreneurial initiatives and diversification in the agricultural business, financial and accounting aspects, marketing, distribution and trade, information technologies, ecologization and sustainable development, legal and socio-cultural barriers of the general agricultural policy of the European Union. In the discussions during the scientific forum, we identified, analysed and assessed the current problems that accompany the development of agriculture and made specific proposals for their solutions on the basis of the expert capacity of the scientific community and the institutions that manage the agricultural sector in Bulgaria, as well as the needs of the agricultural business.
  • Plamen M. Pavlov
    INVENTION AND PATENT ACTIVITY IN BULGARIA IN THE PERIOD 20122017
    JEL: 034, 031
    Summary: Patents provide for serious protection for inventors, thereby enabling them, on the one hand, to recover costs faster and, on the other, to gain a larger market share or to protect existing positions in a competitive environment. In... Patents provide for serious protection for inventors, thereby enabling them, on the one hand, to recover costs faster and, on the other, to gain a larger market share or to protect existing positions in a competitive environment. In this regard, the purpose of the article is to identify the dynamics and trends in the invention activity of national and foreign applicants, and on this basis to draw conclusions and guidelines that would be useful for the business. The research uses a systematic approach, analysing data from the database of the Patent Office of the Republic of Bulgaria for the period 20122017. The survey shows that Bulgaria is of interest to patent holders mainly from the EU, US, Switzerland and JAPAN. On the other hand, the Bulgarian applicants are sufficiently active in the invention activity, which has an effect on the competitiveness of the national economy.
  • Velichka N. Nikolova
    DEBT SUSTAINABILITY OF EU MEMBER STATES: A CLUSTER ANALYSIS
    Summary: The aim of this article is to perform a cluster analysis of the EU member states in terms of their public debt sustainability. To this end, the existing theoretical constructs related to the concept of debt sustainability were... The aim of this article is to perform a cluster analysis of the EU member states in terms of their public debt sustainability. To this end, the existing theoretical constructs related to the concept of debt sustainability were reviewed in to determine the advantages and disadvantages of certain indicators for assessing debt sustainability. In the course of the research, the methodological grounds of the analysis were defined and the countries were grouped into four clusters.
  • Borislav Emilov Boyanov
    EUROPEAN CHEMICAL INDUSTRY CURRENT STATE AND CHALLENGES
    JEL: L6, L65
    Summary: The European chemical industry is one of the major and most important industrial sectors of the Community economy. The present paper aims to present an analysis of its current state and, on this basis, to highlight the main... The European chemical industry is one of the major and most important industrial sectors of the Community economy. The present paper aims to present an analysis of its current state and, on this basis, to highlight the main challenges it must address in the coming years. The presentation of the main characteristics of the chemical industry on a global scale, which gives a clearer idea of the state of the industry as a whole also plays an important role in the study. The following main conclusions are drawn from the analysis made. First, an increase in the share of chemical substances and products in the EUs total exports and imports, which determines the growing importance of the sector to the European Union. Second, the European chemical industry is still lagging behind China on a global scale due to a variety of reasons, including the countrys industrial policy and sector reforms. Third, in the future, the industry will have to cope with a number of challenges in areas such as the environment, international competitiveness, sustainable development and the circular economy.