Economy

The first part examined the incentives driving the behavior of politicians and the "People" and at the same time questioned the idea that the "People" is a homogeneous body that thinks and acts alike. The second part will focus on several policies that have been on the agenda in recent years and were imposed with the argument that ...

"I don't want to pay social security contributions while I'm working, and if I do, they should be as low as possible. I want to retire early and receive a large pension for many years." Although clearly devoid of any economic logic, this would be the dream pension system of a large part of the population. ...

The law is very rarely – or rather, almost never – a reflection of reality. On the contrary – the law is a reflection of the will of the legislator regarding what reality should be. It is for this reason that most attempts to model human behavior with the help of legislation are doomed to failure – …

Even today, the thesis continues to exist that Bulgaria's economy flourished in the period 1945-1990. And even that Todor Zhivkov's rule was positive, as a recent study indicates. In this article, we will examine some statistical, historical and economic sources to see if this is so. The bankruptcy …

After analyzing in our previous article what public projects were funded during the summer, here we will focus exclusively on the projects launched, financed with money from European grants during the months of June, July and August. Overview During the months of June, July and August, 311 projects were launched with …

Since the currency board was introduced in Bulgaria 17 years ago, every now and then some political pundit appears in the Bulgarian press to tell us that it is harmful to the Bulgarian economy. Now, I might agree with the statement in principle, considering that any …

The state likes to redistribute funds acquired from tax revenues to areas it calls “priority”. This process is usually opaque and manipulated to benefit one or another interest. There is no other area of public administration where this is more visible than the allocation of public procurement. In the structure of the Bulgarian …

"The European Central Bank (ECB) is the central bank responsible for the single European currency, the euro. The ECB's main task is to maintain the purchasing power of the euro and, consequently, price stability in the euro area. The European Central Bank is committed to performing efficiently all central banking tasks entrusted to it, and in doing so …

On October 5th, many will head to the polls. The purpose of voting – at least for most of them – will undoubtedly be to improve their well-being, help resolve social conflicts, and redirect resources to the most important public areas for them. But let's see if the political …

Although the BSP has not been in power for some time, the party spirit and "social" sentiments continue to hover in the corridors of power. Further proof of this is the actions of the acting Minister of Social Affairs, Yordan Hristoskov. A few weeks ago, he warned that if unions and employers do not agree on an increase ...