Macroeconomic Monitor
Начало / 2020 (страница 8)

2020

Diseases, wars and speculation - the historical experience of Bulgaria

In recent days, Bulgarian politicians have, with surprising consensus, declared open war on the invisible enemy Covid-19. Measures have been and are being taken that are akin to martial law. Forgotten practices such as curfews, total control over behavior, control over freedom of speech, restrictions disproportionate to the danger, and attacks on private …

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How will the Matrix respond to COVID-19?

the matrix

Crises expose the bones of reality, dispel the fog of political formulas and incantations. We usually spend the dramatic moments that have come into the public spotlight, separated from the real events in a fabricated version of the true facts. Effigies smeared with lipstick and adorned with sequins, we wage our ritual battles in front of the media cameras, …

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28. How severe will the coming crisis be?

In the new special episode of "The Intelligent Investor" we comment on what has happened in the last few weeks since the coronavirus pandemic escalated worldwide. How badly will different economies, sectors and banking systems be hit? What will happen to government debt, especially in the member states of the European Union? Will there be a new …

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Building regulations and municipal foreclosure lead to impoverishment of capital residents

Over the past few years, a special fetish for limiting the amount of construction has begun to form among the capital's residents. In a panic about the "overdevelopment" of the city's squares, many people began to demand that the municipality impose more restrictive regulations on construction in Sofia and to vote for all local political candidates, ...

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The latest NSSI report emphasizes the need for pension reform

NSI report

This week, the latest actuarial report of the National Social Security Institute was released, which analyzes the current financial state of the pension system and forecasts future developments. The report says in plain text that there is not enough money for pensions, and the deficit in the National Social Security Institute will continue to grow in the coming decades until 2070. As a result of …

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What's the problem with the 2019 GDP data?

Today, the Bulgarian Socialist Party (BSP) accused the government of manipulating official statistical data on the country's current account, and hence - on the gross domestic product (GDP). The BSP's claim is that in practice one of the main components of GDP - net exports - was overstated in the 2019 data because ...

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