Trump made his first visit as head of state to Saudi Arabia. In Riyadh, he signed the largest military equipment deal in history, worth a total of $350 billion (or at least a preliminary agreement for it). It is important to note that as president of the largest economy and military …
More »Not populism, but pragmatic solutions for Sofia residents
Is it normal to wait for solutions in favor of only a handful of protesters, until the investor is completely wiped out? Hardly anyone would dispute that Sofia is a city that is constantly developing. Positive changes are a fact visible to everyone. Sofia is also the city with perhaps the most active residents. Unfortunately …
More »The economic promises of the parties – harmful even before they fail
Ahead of the upcoming parliamentary elections, we are witnessing one of the strangest election campaigns in recent years. This is a campaign in which political parties are falling into heavy populism, promising us a flood of absurdities - economic growth of 6-7% per year, doubling pensions, huge increases in the average and minimum wage...
More »Where did the rulers go wrong?
Yesterday, the ruling coalition lost the presidential elections in an extremely difficult way. The main reason for this is, of course, not the BSP party itself, but above all the negative vote of the people against our entire political class. This protest vote is to some extent a natural continuation of the trend of similar events in the Western …
More »Mandatory 50% domestic goods in supermarkets – harmful and expensive for everyone
Unfortunately, over 25 years after the start of the transition from a planned to a market economy, Bulgarian politicians have still not been able to understand how it works and what are the appropriate measures to stimulate sustainable economic growth. In recent weeks, rumors have emerged in the public space that the government is on its way …
More »Hillary Clinton's Tax Policy – Socialism on Steroids
Following the commentary we published on the first elements of Republican candidate Donald Trump's economic policy, we continue with a look at Hillary Clinton's tax policy. The presidential campaign in the United States is interesting to say the least, and as the election approaches, it is becoming increasingly complicated. The final outcome will have a significant impact on both …
More »Unconditional basic income – an emanation of populism and a misunderstanding of how a market economy functions
The topic of “Unconditional Basic Income” has been increasingly talked about in the last few years. Most commentators with at least a basic understanding of economics and finance have not paid serious attention to the topic, but unfortunately, public interest in the idea is likely to grow. Most recently, the Swiss strongly opposed …
More »Investments in conditions of economic uncertainty - Bulgaria 2015-2016
Business forecasts about the future state of the economic climate have a significant impact on investment in an economy. Theoretically, increased economic uncertainty invariably leads to a decrease in investment activity (Bloom 2014 and Jurado et al. 2015). However, its quantitative measurement is a difficult undertaking. Economics uses an extremely diverse set of methods to …
More »Both excellent revenue collection in the budget and problems for the economy
Last week, Reuters reported that the government had selected the managers for a new government debt issue worth a total of 3.9 billion leva. As a right-wing economic thinker who views budget deficits financed by debt as extremely harmful to an economy, I could not pass up this …
More »An efficient capital market in Bulgaria – mission impossible
Nikola Filipov We would probably all agree that a functioning capital market is of fundamental importance for a developed market economy. A number of economic studies clearly reveal the strong correlation between market capitalization and the level of GDP per capita in an economy. The positives – both corporate and …
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EKIP– Expert Club for Economics and Politics A Different Opinion