Macroeconomic Monitor
Начало / 2020 (страница 2)

2020

Budget 2021 - record spending and not a single anti-crisis measure?

Houston, we have a problem. Judging by all the news and statements from the government on the subject, it looks like Budget 2021 will be the most wasteful in a long, long time. The entire budget process and the discussions surrounding it are extremely puzzling to anyone with basic economic literacy. Why in …

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Cohesion-based progressivism

Have you ever wondered how a person like Boyko Borisov can propose an agreement like the Istanbul Convention for ratification by the parliament? How did his Foreign Minister Ekaterina Zaharieva sign the IC in Turkey in 2016, his Deputy Minister of Justice Desislava Ahladova promised at a roundtable with various …

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Excise duties by destination

| Full text of the analysis | | Infographics | In view of the ongoing economic crisis, resources in each of the publicly funded activities of the state are becoming scarce. Specifically for the NHIF, on the one hand, income from insurance contributions is decreasing due to the increase in unemployment, and on the other hand, income from the state budget is decreasing. Despite …

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The legacy of Vladislav Goranov

Vladislav Goranov

Vladislav Goranov has decided to become a lobbyist. This is the gist of the news that the former finance minister has decided to establish a consulting firm after his resignation from the GERB government. All doubts about a potential conflict of interest aside, hardly anyone can be seriously surprised by such news. Still …

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Benjamin Constant on the moral hazard of state intervention

Author: Stefan Boyadzhiev “Variety is life, uniformity is death.” Benjamin Constant is one of the most notable and colorful representatives of the generation of classical liberals between Montesquieu and Tocqueville. Unfortunately, to a large extent, he shares the fate of another great French thinker, Frederic Bastiat, and remains poorly recognized by future generations, which …

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Why is Borisov refusing to resign?

resignation

Mass protests in Bulgaria have been going on for two months, but the government stubbornly refuses to resign. Despite the obvious damage this is doing to the ratings of the government and the prime minister himself, despite the increasingly critical tone of the foreign press, GERB and United Patriots are determined to hold on to power until the last moment...

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Supporting commas

"The worst financial crisis is coming." With this argument, Boyko Borisov refused to resign in July. It may seem like a long time ago or even like a past life, but in fact the quote is less than two months old, and the reason it feels so distant is that this argument was not ...

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To leave "Mutroland"

On Friday morning, the media broke the news that the toy retail chain "Hippoland" was being inspected by the National Revenue Agency, Economic Police, and the General Directorate of Market Supervision. This happened exactly one day after employees of the company joined the organized protests against the government and after ...

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Why poker is freedom

Author: Georgi Alipiev The subject of poker is vast – it has many varieties, but in its most popular form, Texas Hold'em, where each player is dealt 2 cards and five more are placed on the table, the total number of possible statistical combinations of the player's 2 cards and those of the ...

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