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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 ...

(Click on the infographic for a larger size) Data source: NSI After a serious slowdown in growth in May, the latest NSI data show that industrial production and sales completely collapsed in June. Both production and sales are reporting record levels of decline for the last 5-10 …

(Click on the infographic for a larger size) Data source: NSI Commentary After accelerating growth in the first two months of the year, in March there was a slowdown in both production and sales in the industrial sector. Interestingly, according to NSI data, this time there is a greater burden of …

Author: Lachezar Bogdanov, Industry Watch The openness of an economy is most often measured by the relative importance of foreign trade relative to its size. Some analyses look at the total volume of trade in goods and services relative to gross domestic product, while others focus on the relative weight of exports of goods and …

The EKIP proudly presents a full translation of the fundamental essay “Ten Great Economic Myths” by the great American economist Murray Rothbard, which you can read and download here. Murray Rothbard is one of the greatest economists of the 20th century, a prominent representative of the Austrian School of Economics, and a founder of the modern libertarian movement in …

Highlights: - In the first quarter of 2017, the average salary grows at a record pace for the last 7 years - The average wage is likely to continue to grow at a similarly fast pace for the rest of the year - Employment reaches one of its highest levels in the last 10 years - Exports grow at the highest rate since 2011 ...