Macroeconomic Monitor
Начало / 2017 (страница 18)

2017

Is the minimum wage in Bulgaria really too low?

the minimum wage

Recently, the claim that the minimum wage (MW) in our country is too low has been widely circulated in the Bulgarian public space. Interestingly, Bulgarian citizens themselves clearly believe that this is not the case, and the MW level should grow in proportion to the growth of the economy (as is the case with all other levels …

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Equality between people: Ideal or pernicious delusion?

Author: Stefan Kichev For as long as there have been political debates, representatives of the left and the right have constantly claimed that they are the true advocates of freedom and justice, while at the same time fervently insisting that the other side preaches the opposite. This is, of course, possible, since we are talking about two different worldviews that lie …

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A Libertarian in the World of Radical Feminists, the Frankfurt School, and Cultural Marxism

American university campuses have been turned into battlefields – masked men chase inconvenient lecturers with batons, far-left students boycott the “patriarchy”, administrations ban “offensive to minorities” Halloween costumes of Indian warriors and Mexican musicians. The property of youth conservative groups is being destroyed, radical professors incite students to attack their colleagues, and …

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Monthly Macroeconomic Monitor: Record industrial growth in recent years

industrial growth

Highlights: - Record levels of growth in industrial production and exports for the last few years - In March, the construction production index grew for the first time since December 2015 - Growth in retail trade sharply accelerated and reached a double-digit level - Producer price inflation weakened, ...

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Are taxes theft?

taxes are theft

"Taxes are theft." You may have heard similar statements made or shared by your libertarian (or classical liberal) acquaintances. Is there any logic behind this statement, though, or is it just another hollow political slogan? Let's start with a thought experiment. If a robber threatened you with a gun...

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The European Union – with/without France after the elections

Author: Rositsa Garcheva There is only one day left until the first round of the presidential elections in France. On April 23, 47 million voters will give their preference to one of the 11 candidates, because in French politics the maxim applies: “In the first round – you elect, in the second – you eliminate”. That is, all eleven have their own greater …

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Monthly Macroeconomic Monitor: Inflation reaches record levels for recent years

inflation

Highlights: - Inflation continues to accelerate, most noticeably in manufactured goods. - In February, retail growth in Bulgaria continues to outpace that in the EU. - Industrial production is growing again, with sales in the extractive industry growing at the highest levels since 2011. - The construction sector is starting to emerge from the prolonged period of …

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