Macroeconomic Monitor
Начало / 2013 (страница 5)

2013

Budget update: accumulating debt is saving

Today, the Bulgarian parliament approved the government's budget update proposal in first reading. The bill envisages an increase in the deficit from the current 1.3%/GDP to 2%/GDP and raising the ceiling for issuing new debt in the current year from 2 billion leva to 3 billion leva. It is clear to everyone that only …

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Guest article: Was it an intervention – describe it?

Do you remember "Tsar" - that famous strategy game from our childhood, in which the European race faced off with its fearsome stone giants, the Arab race with its magicians who struck down opponents with a rain of fire, and the Asian race with its agile horse samurai? If I had enough funds, I would create a new version in which ...

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Tread carefully in the fog of the Syrian war

In the film, "Let the Dogs Bark," Robert De Niro plays Conrad Breen, an expert in manipulating the American press and politics. He helps the American president, two weeks before the election, reverse the negative image he has created by starting a war with...Albania. By inventing an entire media campaign covering the war, ...

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Guest article: NHIF and the much-needed decentralization

Like any other state monopoly, the one in the healthcare sector has been conspicuous for years with its inefficiency, but at the same time, no government has ever undertaken the necessary reforms to decentralize it. The result of the lack of change is clear - an increasingly deteriorating quality of services, reflected mostly in …

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Statistics – the government's Achilles heel*

Today we truly live in the Age of Statistics. In a country and an era in which statistics are revered as “scientific” and as offering the key to all knowledge, and in which vast amounts of data of all kinds and forms are showered upon us. Most of it from the government.

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Amendments to the Electoral Code

As the seventieth day of #DANSwithme approaches, many observers and especially opponents of the protests are increasingly raising the topic of the demands, goals, and proposals of those who came out to oppose the government. It can be said that this question is to some extent justified – from a political …

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A bubbled recovery – part 2: The UK property bubble

After telling you in the first part of the series of articles about the bubbled recovery of the global economy how the loose monetary policy of major central banks creates the false impression that some of the major economies are on the path to recovery, in the second part I will focus on one specific bubble that manages to...

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