Macroeconomic Monitor
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2018

21 useful facts about concessions

concessions

Author: Lyubomir Alamanov I am using the tension surrounding Bansko and quickly recalling some basic principles in concession procedures. So, just for information: 1. A concession is a good tool for partnership between state and municipal administrations with private companies. 2. A concession is the provision of a state or municipal resource or property to a company called …

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The problems with the Istanbul Convention

The Istanbul Convention

It sounds beautiful in words - to fight violence and discrimination against women. But why should we accept the cultural Marxist "gender" ideology and define women as presumed victims and a protected category of people in need of special protection? "Positive" discrimination is not a way to fight discrimination. It becomes ...

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22 reasons why both sides in the Pirin debate are wrong

second lift in Bansko

The entire story surrounding Pirin is filled with so many myths, misconceptions, and false claims spread by the radical wings of both disputing sides that I can't resist a long post addressing the most prominent among them. The lack of reasonable discourse on the subject is appalling, and the only one that passes through it is...

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Inflation reaches its highest level since 2013

Highlights: - Higher consumption leads to an acceleration in the pace of inflation in almost all categories of consumer goods and services - Lending to non-financial corporations slows, but consumer credit remains high and supports inflation - Construction production grows again at a double-digit pace, thanks to a recovery in engineering construction - Growth in …

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GDP growth does not equal economic growth

GDP growth

Author: Steven Horwitz, FEE.org Even the smartest economists can make the simplest mistake. Two contemporary books – “Violence and Social Order” by Douglas North, Barry Weigast, and John Joseph Wallis (not to be confused with John Wallis, a 17th-century mathematician) and “Why Nations Fail” by Daron Acemoglu and …

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Oil: The New (Old) Good Investment?

the price of oil

Happy New Year! Although the last few days have been hectic holidays, we at EKIP have not stopped following global economic events and what is happening in international markets. In my previous article, I shared with you three investment ideas that have serious potential to realize very high returns in 2018. In that article …

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