Economy

With the planned average increase of 4.1% in the minimum social security thresholds in 2014, the government will deal another blow to the labor market in Bulgaria. This measure, aimed at filling the budget gap, hides many risks and negative consequences, mainly expressed in declining employment, especially in poorer regions …

At the end of August, the Association of Children's Goods Traders submitted a request to parliament to eliminate VAT on products for children up to 3 years of age - this article is a critique of the position of the Institute for Market Economics (IME) against the association's proposal.

On September 2, the great Ronald Coase died in Chicago at the age of 102. To the general public, Coase is known for being awarded the Nobel Prize in Economics in 1991 for his contributions to understanding the importance of transaction costs and property rights for institutional structure and functioning …

Today, the Bulgarian parliament approved the government's budget update proposal in first reading. The bill envisages an increase in the deficit from the current 1.3%/GDP to 2%/GDP and raising the ceiling for issuing new debt in the current year from 2 billion leva to 3 billion leva. It is clear to everyone that only …

Like any other state monopoly, the one in the healthcare sector has been conspicuous for years with its inefficiency, but at the same time, no government has ever undertaken the necessary reforms to decentralize it. The result of the lack of change is clear - an increasingly deteriorating quality of services, reflected mostly in …

The past few days have seen severe financial market turbulence in most of the developing countries in Asia. In India, the situation has begun to be compared to the financial crisis of 1991, while in Indonesia, parallels are being drawn with the Asian crisis of 1997.

After telling you in the first part of the series of articles about the bubbled recovery of the global economy how the loose monetary policy of major central banks creates the false impression that some of the major economies are on the path to recovery, in the second part I will focus on one specific bubble that manages to...

On Friday, parliament will discuss the government's budget update proposal at third reading. This comes after the president vetoed the legislative changes a week ago because, according to him, the proposed increase in state spending is opaque. But the main question we need to ask ourselves is - do we want …

Should taxpayer money be used to fund scientific projects? Is there a better way to fund research? What are the problems with government spending?

Should taxpayer money be used to fund scientific projects? Is there a better way to fund research? What are the problems with government spending?