Macroeconomic Monitor
Начало / Икономика (страница 68)

Economy

Are Bulgarian producers more special?

Representatives of the "Made in Bulgaria" union accuse (some) of the retail chains in the country of monopoly and unfair practices aimed at extracting maximum profit and "eating" the profits of local producers.

More »

DSB does not make a big left turn*

After reviewing the economic programs of three parties – GERB, BSP and DBG – in the previous issue of the weekly bulletin, we continue the review with the recently published document by “Democrats for a Strong Bulgaria” (DSB). To some extent, the policies set out in it are surprising as more market-oriented than we would have expected, following the recent appearances of individuals …

More »

Guest article: Banking lessons from Cyprus

However, the imposed capital controls and the "haircut" have the positive effect of directing public attention to the essence of fractional banking and the fact that the "conservative" method of saving - the bank deposit - is in practice a loan to institutions that cannot possibly fulfill all their obligations and need ...

More »

Guest article: Offshore, offshore

Cameron's government was forced to turn to business as the culprit for the tax gap - large companies such as Starbucks and Amazon were accused of avoiding taxes and paying less than their "fair share".

More »

How central banks decided we didn't need a risk premium

Central bank intervention in financial markets distorts the supply and demand of various asset classes, which has repercussions on the productive structure of the economy and the consumption and saving behavior of individuals. Eliminating the risk premium is only part of the central bank's portfolio of vices.

More »

Peter Volgin doesn't know what libertarianism is, but he likes to comment on it

In his program on the Bulgarian National Radio "Deconstruction", Mr. Petar Volgin embarks on a spatial commentary on something that he clearly has not studied or understood - namely the philosophy of libertarianism or classical liberalism. He takes the opportunity of the appointment of the new Minister of Finance, who defines himself as an admirer of the aforementioned movement and succeeds ...

More »