Икономиката на XXI век. Кризи, трансформации, устойчивост : сборник с доклади от международна конференция, 12 май 2023 г., София

The flexibility of the labour markets in the EU and the EMU: opportunities and challenges in the social field in the preparation of Bulgaria to join the EMU

The flexibility of the labour markets in the EU and the EMU: opportunities and challenges in the social field in the preparation of Bulgaria to join the EMU
(The flexibility of the labour markets in the EU and the EMU: opportunities and challenges in the social field in the preparation of Bulgaria to join the EMU)

Author(s):Tatiana Houbenova-Delisivkova
Language:English
Subject(s):Economy, Supranational / Global Economy, Human Resources in Economy
Page Range:17-38
No. of Pages:22
Keywords:economic integration; economic and monetary union; labour market’s flexibility; active labour market policies; economic governance
Summary/Abstract:The paper examines the importance of the flexibility of labour markets in the building up of the Economic and Monetary Union (EMU) of the EU and the challenges for Bulgaria in preparation to join the Eurozone. The thesis is formulated for the preservation in the EU of the direct dependence of the flexibility of the labour markets on the national choice of the Eurozone member countries in the progress in the evolution of the concept of the flexibility of the labour markets in the EU, including the new directions of its application in the economic management of the Union. Lessons are drawn for Bulgaria, taking into account the active policies of the labour markets of the Baltic countries as members of the EMU. It is emphasized that the policy of flexibility and security of the labour markets occupies an important place in the process of the economic transformation in the EU towards a new paradigm of development and growth, which will strengthen further the competition between the member states in the application of approaches and measures for the flexibility of the labour markets as buffers of the shocks and risks accompanying modern economies. It has been proven that the liberalization reforms in the EU27 in favor of the flexibility of the labour markets have contributed to the structural adjustment of the national economies and the growth of employment.

Green bonds in Europe: towards more non-banking activities

Green bonds in Europe: towards more non-banking activities
(Green bonds in Europe: towards more non-banking activities)

Author(s):Sarah Goldman
Language:English
Subject(s):Economy, Supranational / Global Economy, Business Economy / Management, Financial Markets, Green Transformation
Page Range:39-50
No. of Pages:12
Keywords:green finance; bonds; shadow banking; money market bonds; bank and insurance system
Summary/Abstract:With climate change concerns, Green bonds seem to be the key variable of the sustainable development. The European Commission (EC) has attempted to define European Green Bond standards in order to provide a legal framework for the development of Green Bonds (GB) in Europe. Unfortunately, until now, standards are still in the making and the definitive taxonomy version will probably be ready soon in order to optimally orient the traditional finance towards the sustainable finance. Green bonds are important innovations of the financial landscape and they may be a solution to tackle climate change and environmental issues. Given the recent availability of Green Bonds databases and the difficulties to provide reliable definitions in this field, only few empirical studies attempt to capture the nature of the Green Bonds. Currently, the time series of GB start in 2013 to end in 2020. This is a quite small sample to provide robust and consistent econometric results but the database can be used for statistical purposes.

Innovation policy and economic and inclusive development: the case of “One health” as a sectoral innovation policy in Cameroon

Innovation policy and economic and inclusive development: the case of “One health” as a sectoral innovation policy in Cameroon
(Innovation policy and economic and inclusive development: the case of “One health” as a sectoral innovation policy in Cameroon)

Author(s):Vanessa Casadella, Gérard de la Bayiha, Sofiane Tahi
Language:English
Subject(s):Economy, National Economy, Business Economy / Management, Micro-Economics, Socio-Economic Research
Page Range:53-72
No. of Pages:20
Keywords:innovation policy; “One Health”; Cameroon; economic development; national innovation system
Summary/Abstract:Our paper sets out to present the case of “One Health” as a sectoral innovation policy in a middle-income country: Cameroon. Public innovation policies, interpreted in the broad sense, are not a “luxury” in middle-income countries and are particularly legitimate, driving economic growth and the inclusion of populations. In the case of Cameroon, analysis in terms of the National Innovation System (NIS) demonstrates its difficulties in systematic construction on the national territory. We must therefore seek sectoral momentum to show the effects of “One Health” and its dissemination within the country. Defined as an integrated approach to health in multiple aspects, “One Health” is above all a tool to be taken into account in formulating agricultural and food sectoral innovation policies. Nevertheless, its implementation remains complex in the context of Cameroon, despite the obvious interest it requires and its integration into the country’s national strategy.

Greening the Belt & Road initiative: trends and evolutions in China’s energy investments and projects

Greening the Belt & Road initiative: trends and evolutions in China’s energy investments and projects
(Greening the Belt & Road initiative: trends and evolutions in China’s energy investments and projects)

Author(s):Elisabeth Yoneva
Language:English
Subject(s):Economy, National Economy, Business Economy / Management, Energy and Environmental Studies
Page Range:73-86
No. of Pages:10
Keywords:China; Belt & Road Initiative; energy; renewables; investments
Summary/Abstract:The Belt & Road Initiative is considered not simply as an infrastructure development strategy, but also as the branding blueprint for China’s foreign policy. However, its energy trajectories were not so often in the spotlight. With the calls for sustainable development, the spill-over effects of PRC’s domestic transformations in the energy field are also visible in its new approach towards investments in the BRI countries. In the light of these new trends, the paper explores the principal dimensions of Chinese energy projects in different regions and their repercussions for boosting energy transition and green growth.

Romania’s adaptation to European climate change strategies

Romania’s adaptation to European climate change strategies
(Romania’s adaptation to European climate change strategies)

Author(s):Oana Chindriș-Văsioiu, Mădălina Tocan
Language:English
Subject(s):Economy, National Economy, Socio-Economic Research, Green Transformation
Page Range:87-96
No. of Pages:10
Keywords:climate change; climate neutrality; pollutant emissions; air pollution; greenhouse gas emissions
Summary/Abstract:The European Green Deal aims to protect, maintain and improve the European Union’s natural capital, as well as protecting citizens from environmental risks and related impacts. At the same time, the transition must be fair and inclusive, with increased attention to the regions, industries and employees who will face the greatest difficulties. Romania is committed to preventing and combating climate change and aims to reduce carbon emissions, although our country already has one of the lowest emission rates in the European Union. The integration of mitigation and adaptation measures into Romania‘s national strategies, policies and programs represents an important step on the way to ecological economic growth with low carbon emissions.

Econometric analysis of energy dependency in the EU, Bulgaria, and Romania

Econometric analysis of energy dependency in the EU, Bulgaria, and Romania
(Econometric analysis of energy dependency in the EU, Bulgaria, and Romania)

Author(s):George-Cornel Dumitrescu
Language:English
Subject(s):Economy, National Economy, Supranational / Global Economy, Energy and Environmental Studies, Green Transformation
Page Range:97-108
No. of Pages:12
Keywords:energy; imports; dependency; environment
Summary/Abstract:This comprehensive study explores the relationship between renewable energy share (RES), national expenditure on environmental protection (NEEP), and energy import dependency (EID) in the EU27, Bulgaria, and Romania. Using quantitative analysis of Eurostat data, the research establishes a significant inverse correlation between RES and EID in Bulgaria and Romania. On the other hand, the relationship between RES and EID in the EU27 was found statistically insignificant. Furthermore, the correlation between NEEP and EID varied among regions, with a significant positive linear relationship in the EU27 but not in Bulgaria and Romania. The findings highlight the diverse influences of renewable energy and environmental expenditures on energy import dependence.

Quo vadis Eurozone?

Quo vadis Eurozone?
(Quo vadis Eurozone?)

Author(s):Iulia Monica Oehler-Șincai, Andrei Rădulescu
Language:English
Subject(s):Economy, Supranational / Global Economy, Financial Markets, Socio-Economic Research
Page Range:109-122
No. of Pages:14
Keywords:eurozone; macroeconomic indicators; competitiveness; volatility; global risks
Summary/Abstract:The eurozone economy is beset by challenges, including both supply and demand side factors. The intensification of asymmetric shocks (endogenous/exogenous) has been again testing the resilience of the European Monetary Union since 2020. The overlapping supply shocks and the current geo-political crisis has determined the accumulation of unprecedented inflationary pressures and the deterioration of the risk perception. In this context, the paper has as a key objective the assessment of recent macroeconomic developments in the euro area, which is strongly influenced by the international environment due to trade and capital flows, but also from the perspective of uncertainty.

Lebanon’s currency crisis: a case of asymmetric rivalries

Lebanon’s currency crisis: a case of asymmetric rivalries
(Lebanon’s currency crisis: a case of asymmetric rivalries)

Author(s):Hicham Hachem
Language:English
Subject(s):Economy, National Economy, Business Economy / Management, Financial Markets
Page Range:123-134
No. of Pages:12
Keywords:money creation; parity; lending capacity; redistribution; rivalries
Summary/Abstract:Mainstream explanations argue that the Lebanese currency crisis is rooted in public debt and balance of payments deficits. This paper is less concerned with the causes of the crisis as much as it raises the problem of adverse relationships between institutions of money creation and destruction. The analysis builds on the theoretical approach of mimetic rivalries. It aims to study the sensitivity of solvency constraints to explain asymmetric relationships. The applied case of Lebanon shows two relevant results asymmetric relationships between economic agents and top-down dynamics of money creation and destruction. These findings imply an institutional model of extractive economic policy dominated by strategies of vindication and rivalry.

The new EU screening regulations on foreign direct investments: factors and effects

The new EU screening regulations on foreign direct investments: factors and effects
(The new EU screening regulations on foreign direct investments: factors and effects)

Author(s):Elena Spasova
Language:English
Subject(s):Supranational / Global Economy, Business Economy / Management, Socio-Economic Research
Page Range:135-148
No. of Pages:14
Keywords:FDI; screening; EU; security; developing countries
Summary/Abstract:This paper examines the current trends in FDI screening processes, which have been increasingly implemented by various countries, particularly developed ones. The paper analyzes the reasons behind the adoption of these screening procedures and considers the evolving context of global FDI flows. Specifically, it narrows its focus to the EU FDI screening procedure introduced in 2019 and explores its application in recent years. The paper outlines the key characteristics of this procedure and discusses its potential implications and impacts.

The internationalization of yuan: current situation and future

The internationalization of yuan: current situation and future
(The internationalization of yuan: current situation and future)

Author(s):Shouyi Zhang
Language:English
Subject(s):Economy, Supranational / Global Economy, Business Economy / Management, Financial Markets
Page Range:149-166
No. of Pages:18
Keywords:currency internationalization; renminbi; reserve currency; de-dollarization
Summary/Abstract:Currency internationalization reflects the comprehensive strength of an economy entity. The process of Internationalization of the renminbi has gone through more than ten years. With the growth of China's economy and the improvement of its openness, the functions of international currencies such as cross-border payment, investment and financing, reserves and pricing of RMB have been comprehensively enhanced, and the international status of RMB has also been greatly improved. This paper provides a review to understand the current situation of RMB inter- nationalization.

De-dollarization of the global economy: are we moving towards a multipolar monetary system?

De-dollarization of the global economy: are we moving towards a multipolar monetary system?
(De-dollarization of the global economy: are we moving towards a multipolar monetary system?)

Author(s):Tsvetelina Marinova
Language:English
Subject(s):Economy, Supranational / Global Economy, Financial Markets, Socio-Economic Research
Page Range:167-180
No. of Pages:14
Keywords:international monetary system; global economy; dollar; BRICS; de-dollarization
Summary/Abstract:The existing structure and functioning of the global monetary system have been challenged by the onset of the global financial crisis in 2008, and the Covid-19 pandemic as well as by the war between Russia and Ukraine. This article aims to analyse to what extent the ongoing geopolitical and geoeconomic processes and trends are able to transform the international monetary order and to create a multipolar monetary system. The first part briefly presents the evolution of the international monetary system since the end of World War II. The second part discusses the trends and changes in the international monetary system since 2008, as well as the recent de-dollarization initiatives of the BRICS countries.

Public expenditure and economic growth: new empirical evidence from Southeast Europe

Public expenditure and economic growth: new empirical evidence from Southeast Europe
(Public expenditure and economic growth: new empirical evidence from Southeast Europe)

Author(s):Desislava Stoilova
Language:English
Subject(s):Economy, Supranational / Global Economy, Public Finances, Socio-Economic Research
Page Range:181-194
No. of Pages:14
Keywords:public expenditure; economic growth; Southeast Europe
Summary/Abstract:The main purpose of this paper is to study the impact of public spending financed by central and local government budgets on economic growth. The methods used are descriptive and comparative analysis of the main indicators of government spending and investment activity. Correlation and regression analysis of panel data is applied to estimate the effects of public investment on economic growth in nine countries located in Southeast Europe (SEE), namely Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Greece, Montenegro, Romania, Serbia, and North Macedonia. The study covers the period 2010 – 2021. The results show cyclical dynamics of government spending and great heterogeneity in the size of the public sector as a percentage of gross domestic product (GDP). At the same time, the correlation and regression analyses indicate a negative impact of total government expenditure and government consumption on the growth rate, while the effects of public investment at both central and local levels of government are negative but not statistically significant. These findings suggest low efficiency of public spending. The main conclusion is that public investment is not an effective tool for fiscal impact on the economic development in the nine selected SEE countries.

Интелектуалната собственост на фирмата – фактор за устойчива конкурентоспособност в 21 век

Интелектуалната собственост на фирмата – фактор за устойчива конкурентоспособност в 21 век
(The company’s intellectual property – a factor forsustainable competitiveness in the 21st century)

Author(s):Maria Markova
Language:Bulgarian
Subject(s):Economy, Human Resources in Economy, Socio-Economic Research
Page Range:196-211
No. of Pages:16
Keywords:intellectual property; company competitiveness
Summary/Abstract:In the conditions of the modern business environment, characterized by high technology, difficult predictability and dynamic changes, intellectual property is a decisive factor for achieving and maintaining competitiveness. The article offers an analysis of successful companies in the world and in Bulgaria with an assessment of the place and importance of intellectual property in the achieved competitiveness, priority through so-called “exclusive patent monopoly” – phenomenon giving to the patent owner a period of exclusive use of the protected innovations.

Значение на визуалната идентичност в дигиталния маркетинг в туризма на примера на България

Значение на визуалната идентичност в дигиталния маркетинг в туризма на примера на България
(Significance of visual identity in digital marketing in tourism based on examples from Bulgaria)

Author(s):Neviana Krasteva, Dessislava Aleksova
Language:Bulgarian
Subject(s):Economy, National Economy, Marketing / Advertising
Page Range:212-223
No. of Pages:12
Keywords:digital marketing; tourist destination; visual identity; tourist brand
Summary/Abstract:The present study reveals the impact of the visual component in digital marketing in tourism and examines the relationship with the strategy for the overall unified branding and merchandising of the specific destination, using the example of Bulgaria. The fundamentals of digital marketing in tourism, its tools and how visual branding accents should be present in the main directions, based on specific examples.

Без макромаркетингов мениджмънт: кризи, хаос и неустойчивост

Без макромаркетингов мениджмънт: кризи, хаос и неустойчивост
(Without macromarketing management: crises, chaos and instability)

Author(s):Boyan Durankev, Kristiyan Ivanov
Language:Bulgarian
Subject(s):Economy, Business Economy / Management, Marketing / Advertising
Page Range:224-233
No. of Pages:10
Keywords:private companies; transnational corporations; public sector; transnational institutions; macromarketing
Summary/Abstract:Since the beginning of the 20th century, the period of marketing science occurrence, this phenomenon was closely аassociated with the economic activities of the private and profit-seeking companies by using just micromarketing segment at that time. A century later the picture of existing economic system has been changed by operating and interacting of large structures and institutions spectrum including private, national, multinational and state owned companies. They all strive hard to satisfy needs, meet demands, fulfill desires and cover interests of their customers, citizens and societies offering and supply them with goods and utilities primarily by direct or indirect payment model. The macromarketing segment of the marketing science is implementing through States and supranational institutions and organizations. Both segments are frequently in deep contradictions due to the private and general interests.

Синхронизиране на потребителските емоции и възприятия при въвеждане на маркетинг иновации

Синхронизиране на потребителските емоции и възприятия при въвеждане на маркетинг иновации
(Synchronizing user emotions and perceptions when introducing marketing innovations)

Author(s):Nadezhda Dimova
Language:Bulgarian
Subject(s):Economy, Marketing / Advertising
Page Range:234-243
No. of Pages:10
Keywords:consumer emotions; synchronization; perceptions; marketing innovation
Summary/Abstract:The introduction of marketing innovations is often associated with a number of changes in the overall organization of the business. Very often, however, the role of emotions, which in many cases are important precisely for making consumer decisions, remains neglected. It is essentialto examine the influence of emotions on the adoption of marketing innovations. And no less important is the synchronization of consumer emotions and perceptions when introducing marketing innovations.

Фрагменти от възрастовите различия на поколенията върху потребителското поведение

Фрагменти от възрастовите различия на поколенията върху потребителското поведение
(Fragments from the age differences of the generations on the consumer behaviour)

Author(s):Borislav Atanasov
Language:Bulgarian
Subject(s):Economy, Business Economy / Management, Socio-Economic Research
Page Range:244-255
No. of Pages:12
Keywords:generations; consumers; age; trade
Summary/Abstract:As a part of general human behaviour, the consumer behavior is directed to the processes of demand, purchasing and gaining benefits from the acquired goods and services. A multitude of factors are involved in the purchase process. The demographic variables (sex, age, way of living and social status) are one of the starting points influencing on the consumer behavior. In the report, based on the data of the National Statistical Institute of Bulgaria about the number of the population of Bulgaria, the changes in the demographic structure of the particular groups ofconsumers (the generations Baby Boomers, X, Y, Z and Alpha) are brough out. The inferred trends help the trade and marketing managers in taking of strategic decisions about the choice of communication channel and sale of the different generations of consumers.

Измерване на неизмеримото: предизвикателства пред метриките в бранд мениджмънта и силата на потребителската лоялност

Измерване на неизмеримото: предизвикателства пред метриките в бранд мениджмънта и силата на потребителската лоялност
(Measuring the immeasurable: challenges to metrics in brand management and the power of customer loyalty)

Author(s):Dimitar Trendafilov
Language:Bulgarian
Subject(s):Economy, Business Economy / Management, Marketing / Advertising, Socio-Economic Research
Page Range:256-267
No. of Pages:12
Keywords:brand management; consumer behavior; loyalty; marketing; metrics
Summary/Abstract:Measuring the current state of a brand and its potential for further development is a challenge that is unlikely to receive a satisfactory general solution anytime soon. Therefore, the paper covers the specifics in the brand value tracking system and the peculiarities of indicators of “loyalty”. The argumentation includes the example of the TESCO’s customer program. The supported thesis is that the only reliable tool is the set of an individual system for tracking marketing ROI in companies. Several perspectives on the concept of “brand equity” and its practical implementation as a key tool in the competitiveness are also presented.

Икономическо въздействие на круизната индустрия

Икономическо въздействие на круизната индустрия
(Economic impact of the cruise industry)

Author(s):Irena Kirilova Emilova, Margarita Misheva
Language:Bulgarian
Subject(s):Economy, Business Economy / Management, Tourism
Page Range:268-277
No. of Pages:10
Keywords:cruise industry; impact; development; trends
Summary/Abstract:This article aims to examine and analyze the impact of the cruise industry and specifically its economic impact. The cruise industry is an important pillar of the national and local economies of certain countries, supporting over 1 million jobs spanning a wide variety of positions in tourism, transportation, agriculture, entertainment, healthcare. The cruise industry is also global in nature with an economic contribution that extends far beyond the employment of staff. The development of the cruise industry contributes directly and indirectly to the maintenance of specific economic sectors in a number of countries around the world. Cruise tourism also has significant potential as a source of economic development for coastal areas and cities. Specifically, these are the tasks that will be added to achieve the goal so formulated above.

Възможности и предизвикателства пред предприятията по трудова медицина

Възможности и предизвикателства пред предприятията по трудова медицина
(Opportunities and challenges for enterprises in occupational medicine)

Author(s):Megi Dakova, Yoanna Ovnarova
Language:Bulgarian
Subject(s):Economy, Human Resources in Economy
Page Range:278-287
No. of Pages:10
Keywords:opportunities; challenges; occupational medicine
Summary/Abstract:Occupational medicine companies support the activities of employers by comprehensively ensuring safe working conditions for their employees. They assess the degree of risk from the activity of various workplaces, equipment, and processes. They provide periodic medical examinations of employees, and monitor occupational diseases and possible occupational accidents. Based on an analysis, you are dealing with the health of the workers, give the following to employer’s organizations about labor. That is why their activity is particularly important and relevant.

Екстернализация на дейности в глобалните вериги на стойността – ефекти върху рентабилността на компании без собствено производство

Екстернализация на дейности в глобалните вериги на стойността – ефекти върху рентабилността на компании без собствено производство
(Externalization of activities in the global value chains: implications on profitability of factoryless goods producing firms)

Author(s):Tsvetomir Tsanov
Language:Bulgarian
Subject(s):Economy, Supranational / Global Economy, Business Economy / Management
Page Range:288-309
No. of Pages:22
Keywords:global value chains; externalization; factoryless goods producing firms
Summary/Abstract:Externalization of activities in the global value chains (GVCs) is a relatively new research issue in the domain of international business. This corresponds to the role of factoryless goods producing firms (FGPs) in GVCs. The aim of the present paper is to analyze how FGPs’ profitability is affected, facing challenges in line with cost optimization, given the recent economic turbulence. Based on the examples of lead firms in buyerdriven GVCs, a major finding is the FGPs’ gross margin is slightly affected by the COVID-19 pandemic, nor is a case of an upside change during the subsequent period of economic recovery.

Архитектура на web-базирана платформа за създаване на практически задачи за студенти от реални бизнес казуси

Архитектура на web-базирана платформа за създаване на практически задачи за студенти от реални бизнес казуси
(Architecture of a web-based platform for creating practical tasks for students from real business cases)

Author(s):Penyo Georgiev
Language:Bulgarian
Subject(s):Social Sciences, Economy, Education, Business Economy / Management, Higher Education , ICT Information and Communications Technologies
Page Range:310-317
No. of Pages:8
Summary/Abstract:This report will examine an exemplary architecture of a webbased platform for generating practical tasks for students in economic disciplines based on real business cases. The outline of such an architecture will establish the initial stage for designing and creating a platform that serves as a tool for composing practical-applied tasks for students in direct connection with small and medium-sized companies from the business environment. The desired effect of the presented platform architecture‘ s functioning is to build a stable interaction between students and the business. Through the results of solved tasks, a knowledge base will be built to enhance the level of educational courses in university disciplines.

Концептуален модел на лаборатория за дигитално управление в бизнеса

Концептуален модел на лаборатория за дигитално управление в бизнеса
(Conceptual model of a laboratory for digital management in business)

Author(s):Penyo Georgiev
Language:Bulgarian
Subject(s):Social Sciences, Economy, Education, Business Economy / Management, Higher Education , ICT Information and Communications Technologies
Page Range:318-325
No. of Pages:8
Keywords:digital management; practical business cases; information technologies
Summary/Abstract:The current study presents a conceptual model of a laboratory for digital business management. Its objective is to provide a framework that enables organizations to effectively navigate the complexities of digital transformation and utilize information technologies to improve their business operations, together with students who work on solving the encountered cases. The model incorporates key components such as strategic partnerships, establishing practical connections between students and businesses through a Web-based platform, creating a digital library, and more. This allows organizations to harness the potential of digital technologies with the help of students to achieve a competitive advantage.

Влиянието на доброволните системи за етикетиране върху потребителския избор

Влиянието на доброволните системи за етикетиране върху потребителския избор
(The impact of voluntary labeling schemes on consumer choice)

Author(s):Rositsa Nakova
Language:Bulgarian
Subject(s):Economy, Business Economy / Management, Marketing / Advertising, Business Ethics, Socio-Economic Research
Page Range:326-337
No. of Pages:12
Keywords:label; consumer choice; marketing research
Summary/Abstract:The purpose of the scientific article is to review the European regulation on food labeling. The purpose of the article is to investigate the opinion of consumers regarding the way in which the information about the nutritional value of the package is presented. How much information is comprehensible and whether it influences consumer demand. The marketing survey was conducted among 106 respondents aged 26 to 65 living in the big cities – Sofia and Varna. The level of education of the respondents is higher education. The research was carried out through an online questionnaire. The results of the research proved the basic research hypothesis.

Теоретична концепция за риск мениджмънт в кооперацията

Теоретична концепция за риск мениджмънт в кооперацията
(Theoretical framework of risk management in cooperatives)

Author(s):Ivan Boevsky, Krasimir Kostenarov
Language:Bulgarian
Subject(s):Economy, Business Economy / Management, Agriculture
Page Range:338-348
No. of Pages:11
Keywords:risk; risk management; cooperative
Summary/Abstract:This article is devoted to the study of risk in the cooperatives. A cooperative as a business unit is subject to all kinds of risks that ordinary companies are suffering. However, the organizational structure of the cooperative and its specifics are source of additional risks. In the study, an attempt is made to list in detail these specific risks for the cooperative. It is also presented a method for identifying risks, as well as for assessing the degree of impact of these risks on the cooperative and possible strategies for their management.

Връщане към протекционизма: търговските бариери спрямо Европейския съюз и „новата рамка“ на преференциални търговски споразумения

Връщане към протекционизма: търговските бариери спрямо Европейския съюз и „новата рамка“ на преференциални търговски споразумения
(A return to protectionism: trade barriers towards the European Union and the “new framework” of preferential trade agreements)

Author(s):Eduard Marinov
Language:Bulgarian
Subject(s):Economy, Supranational / Global Economy, Business Economy / Management
Page Range:350-367
No. of Pages:18
Keywords:liberalization; protectionism; trade barriers; preferential trade agreements; EU
Summary/Abstract:Along with changes in multilateral trade regulation at the global level over the past decades, many of the bilateral and multilateral preferential and free trade arrangements of some of the world‘s largest players have been transformed, perhaps most notably the change in EU trade policy. The EU‘s competitiveness is declining, squeezed by American and Asian competition. For years, a number of researchers have questioned whether there is an implicit impulse for protectionism hidden behind the tariff and non-tariff liberalization clauses put forward in all new EU agreements, as well as in the Union‘s participation in various formats of multilateral trade negotiations. On the other hand, the introduction of protectionist measures implemented by many countries around the world is increasingly being observed – not only hidden (in the area of non-tariff restrictions), but also direct (tariffs introduced after the Global financial crisis by Russia, Ukraine, Ecuador; EU, Brazil, India, Turkey, Vietnam, etc.; the US trade „war“, etc.). Even before Covid (in the end of 2019), the EU‘s market access database recorded 438 active trade and investment barriers in 58 third countries. This record value, together with the increasing duration of a number of barriers, is indicative not only of increasing protectionism, but also of the fact that protectionism is becoming structurally embedded in the Union‘s trade relations with many partners. In order to summarize and clarify these trends in the development and restructuring of the global trade system and the EU‘s place in it, the paper first examines the pre-pandemic trade barriers vis-à-vis the EU, and then assesses the „new framework“ of bilateral and multilateral preferential trade agreements in the EU trade policy.

Кръгова икономика, международен бизнес и глобални вериги за доставка

Кръгова икономика, международен бизнес и глобални вериги за доставка
(Circular economy, international business and global supply chains)

Author(s):Dobroslav Mollov
Language:Bulgarian
Subject(s):Economy, Supranational / Global Economy, Business Economy / Management, Transport / Logistics, Green Transformation
Page Range:368-381
No. of Pages:14
Keywords:circular economy; circular supply chain; fashion industry; sustainability
Summary/Abstract:The report presents the individual aspects of circular economy from international companies’ and global supply chains’ perspective. The author argues the thesis that successful implementation of circular economy concept in the practice of international companies and their global supply chains is a factor for achieving high sustainable results and a source of strong long-term competitive advantage. The essence of the circular economy is examined and the possibility of implementing the concept in global supply chains is commented. Examples of best practice from the fashion industry are presented. The benefits of the circular economy for international business are summarized.

Новите технологии в практиката на международния бизнес

Новите технологии в практиката на международния бизнес
(New technologies in the practice of international business)

Author(s):Dobroslav Mollov
Language:Bulgarian
Subject(s):Economy, Supranational / Global Economy, Business Economy / Management, ICT Information and Communications Technologies
Page Range:382-393
No. of Pages:12
Keywords:digital supply chain; drones; cybersecurity; additive manufacturing; 3D printing
Summary/Abstract:This report examines the implementation of three Industry 4.0 new technologies in global supply chains and their management and operation. The author argues the thesis that new technologies are a fundamental and necessary factor for the development of contemporary international business, because they provide a number of opportunities for companies and their global supply chains. After a brief introduction to the essence of digital supply chains, the report continues with a discussion on the benefits and challenges of implementing the three technologies in global supply chains. Examples of best practices are also presented.

Бъдещето на труда: трансформации и последици за икономическия растеж в 21-ви век

Бъдещето на труда: трансформации и последици за икономическия растеж в 21-ви век
(The future of work: transformations and implications for economic growth in the 21st century)

Author(s):Juliana Hadjitchoneva
Language:Bulgarian
Subject(s):Economy, National Economy, Human Resources in Economy
Page Range:394-413
No. of Pages:20
Keywords:labour; employment; productivity; economic growth; technological progress
Summary/Abstract:Almost since the beginning of the 21st century, there have been transformational processes in the labour market, driven primarily by advances in technology, but also by globalisation and demographic change. These processes are expected to become increasingly significant and have far-reaching implications for economic growth, productivity, and employment. This study aims to examine the extent and manner in which technological progress and the changing nature of work are expected to affect economic growth and productivity, and to identify the key factors that mark the transformation of the labour market. In addition, the study covers the challenges and opportunities associated with these changes, including the potential of technological advances to raise productivity and increase economic growth, as well as the potential for job displacement and inequality. Finally, the study identifies policies and strategies that can help promote sustainable and inclusive economic growth in the face of ongoing labour market transformation.

Политическа икономия на генеративния изкуствен интелект

Политическа икономия на генеративния изкуствен интелект
(Political economy of generative artificial intelligence)

Author(s):Hristo Prodanov
Language:Bulgarian
Subject(s):Economy, Business Economy / Management, ICT Information and Communications Technologies
Page Range:414-425
No. of Pages:12
Keywords:generative artificial intelligence; ChatGPT; political economy
Summary/Abstract:This report explores the economic, social and political implications of the introduction of the generative artificial intelligence with its ability to create any kind of content. The object of the study is generative artificial intelligence, and its subject the changes it causes in economy and politics. Politico-economic approach is applied that examines the interactions of technology with economics and politics. It explores the consequences of generative artificial intelligence for the relations in which people enter within the reproductive cycle of production, exchange, distribution and consumption, ask well as the role of politics in the regulation of these relations.

Doughnut economics: Икономически модел за 21 век? Между оспорване на икономическия мейнстрийм и нова версия за устойчиво развитие

Doughnut economics: Икономически модел за 21 век? Между оспорване на икономическия мейнстрийм и нова версия за устойчиво развитие
(Doughnut economics: Economic model for the 21st century? Between the contestation of the economic mainstream and a new version of sustainable development)

Author(s):Radosveta Krastanova
Language:Bulgarian
Subject(s):Economy, Supranational / Global Economy, Business Economy / Management, Energy and Environmental Studies, Socio-Economic Research, Green Transformation
Page Range:426-443
No. of Pages:18
Keywords:Doughnut Economics; Sustainable development; complexity; economic mainstream; fundamentals; GDP
Summary/Abstract:Sustainable Development, as defined in the UN Commission on Environment and Development Report “Our Common Future”, has established a global normative (paradigmatic) socio-political and economic model for development. It is based on a complex approach to the crises and transformations of societies within a new planetary paradigm, called by the authors “From One Earth to One World”. Annual UN reports and numerous scientific and expert studies show that despite the stated political will of countries and businesses to follow this model, the results are unsatisfactory. A number of researchers have proposed updating the model in the context of the unfulfilled hopes of radical change since the late 20th century. Such is Kate Raworth‘s Doughnut Economics model, which challenges the neoclassical economic mainstream and offers an alternative for the thriving development of societies and economies of the 21st century, aimed not at growth and the size of GDP; but at the well-being of people and society. The article examines Raworth‘s model in conjunction with the classical concept of Sustainable Development, and assesses its relevance in the context of planetary challenges at the beginning of the new millennium.

Разпределението на дохода между страните от Европа в условията на политики в подкрепа на международната икономическа интеграция

Разпределението на дохода между страните от Европа в условията на политики в подкрепа на международната икономическа интеграция
(Income distribution among the European countries under conditions of international economic integration policies)

Author(s):Diana Genkova
Language:Bulgarian
Subject(s):Economy, Supranational / Global Economy, Business Economy / Management, Socio-Economic Research
Page Range:444-457
No. of Pages:14
Keywords:value added; national income; political integration; economic integration; EU’s budget
Summary/Abstract:This paper presents the output of an assessment of the monetary effects, driven by the processes of integration between the countries from Europe over the recent two decades. The subject of the analysis is value added of 25 European countries, including Bulgaria, and its redistribution because of labour and capital income flows across national borders during the period of 2000–2021. In addition, processes of income and wealth redistribution, driven by the European Union’s budget and policies aimed to alleviate some of the real integration effects are under discussion. The scope of the analysis does not focus on the public policies aimed to foster the economic integration, but on their effects over the economic outcomes.

Динамика на производителността на труда и работните заплати в избрани страни от Югоизточна Европа

Динамика на производителността на труда и работните заплати в избрани страни от Югоизточна Европа
(Labour productivity and wage dynamics in selected South-East European countries)

Author(s):Nikolay Velichkov, Dimitar Damyanov
Language:Bulgarian
Subject(s):Economy, National Economy, Supranational / Global Economy, Business Economy / Management, Human Resources in Economy
Page Range:458-471
No. of Pages:14
Keywords:labour productivity; nominal wages; output structure; inflation
Summary/Abstract:In light of the changes in the levels of inflation over the past 2 years, this paper studies the dynamics of the total and industry-level labour productivity and compensation of employees in three Balkan countries over the 2010–2022 period. The analysis uncovers certain specifics in the variations of the main indicators by country that reveal the overall state of their labour markets and could serve to partially explain the differences between the inflation processes in each country.

Предизвикателства пред зелените бизнес модели като нов подход в маркетинга

Предизвикателства пред зелените бизнес модели като нов подход в маркетинга
(The challenges of green business models as a new marketing approach)

Author(s):Nadejda Dimova, Mina Karpuzova
Language:Bulgarian
Subject(s):Economy, Marketing / Advertising, Green Transformation
Page Range:472-485
No. of Pages:14
Keywords:green business models; green marketing; green economy; sustainable development
Summary/Abstract:The gradual consolidation of ecologically-oriented business management and a smooth transition from a linear to a circular green economy is observed in the last decades. The green development path that the EU has adopted as a priority is based on a lot of serious economic and environmental data and forecasts, with the main motivations being related to the current problem of critical raw materials, the excessive and ubiquitous accumulation of waste and the subsequent pollution of soil, air, and water. In this context, environmental marketing becomes an essential tool for a sustainable business strategy, as the company adopts and implements a number of green marketing practices in order to achieve better business results. The main purpose of this article is to answer the question of what the main challenges facing the establishment of green business models in the management of a company operating in the European market are, as a new and long-term approach in marketing. The research methods include literature analysis of the topic and presentation of a case study. In conclusion, the study‘s main outcomes are drawn and the research question is answered.

Отчитане на устойчивостта: основни принципи и практики в българските компании

Отчитане на устойчивостта: основни принципи и практики в българските компании
(Sustainability reporting: principles and practice in Bulgarian companies)

Author(s):Petya Petrova
Language:Bulgarian
Subject(s):Economy, Business Economy / Management, Micro-Economics
Page Range:486-499
No. of Pages:14
Keywords:sustainability; sustainability reporting; sustainability disclosures
Summary/Abstract:The slogan of modern society: “care for better tomorrow“ has encouraged the business to put efforts on meeting the expectations of stakeholders (investors, employees, clients, etc.) to be closer bound to nature, society and environment, in recent decades. The attitude for greater transparency and accountability has brought about the entities to disclose information about their social and environmental responsibility. This paper aims to set out the nature and principles of sustainability reporting and to evaluate the disclosure practice of Bulgarian listed companies.

Разходи за опазване на околната среда в България: сравнителен анализ със страните от Европейския съюз

Разходи за опазване на околната среда в България: сравнителен анализ със страните от Европейския съюз
(Expenditure on environmental protection in Bulgaria: comparative analysis to the EU countries)

Author(s):Vania Ivanova, Nikolay Velichkov
Language:Bulgarian
Subject(s):Economy, Supranational / Global Economy, Green Transformation
Page Range:500-509
No. of Pages:10
Keywords:environmental protection expenditure; Bulgaria; European Union
Summary/Abstract:The aim of this paper is to analyze the dynamics of environ- mental protection expenditure in Bulgaria. In this respect, both the expenditure own dynamics over time and the change in its size relative to GDP are analyzed. In addition, a comparison is made with the corresponding indicators for the EU average, as well as for the group of EU member states from CEE, which allows to highlight the relative position of Bulgaria. In addition, an analysis of the expenditure on environmental protection by institutional sectors is performed, which represents an additional lens of research through which certain structural specificities are revealed.

Изследване на връзката между икономическия ръст и ESG индикатори в ЕС

Изследване на връзката между икономическия ръст и ESG индикатори в ЕС
(Analysis of the relatonship between economic growth and ESG indicators in the EU)

Author(s):Victor Avramov
Language:Bulgarian
Subject(s):Economy, Supranational / Global Economy, Business Economy / Management, Socio-Economic Research
Page Range:510-519
No. of Pages:10
Keywords:ESG indicators; GDP; economic growth
Summary/Abstract:The text looks for relationship between an ESG index or selected ESG indicators on the one hand, and the GDP and economic growth of EU countries – on the other. Openly available data is used, including from Eurostat and the World Bank, modeled with ordinary least squares regression and time series linear regression. The results show that is difficult to demonstrate this relationship with these data. A discussion is made on the availability and quality of data and on the modeling of the effects of ESG indicators on processes of interest for research. An analogy is made between analyzes at the company level and at the level of national economies.

Преминаване към зелена икономика в Европейския съюз – политики, предизвикателства и цели

Преминаване към зелена икономика в Европейския съюз – политики, предизвикателства и цели
(Transition to a green economy in the European Union – policies, challenges and objectives)

Author(s):Kiril Anachkov
Language:Bulgarian
Subject(s):Economy, Supranational / Global Economy, Business Economy / Management, Energy and Environmental Studies, Green Transformation
Page Range:520-531
No. of Pages:12
Keywords:green economy; sustainable development; climate change; digitalization; competitive economy
Summary/Abstract:In recent decades climate change has had an increasingly adverse effect on the environment, which poses an existential threat to both the European Union (EU) and the world. Due to that reason the transition to a completely new model is necessary and it must be based on economic growth without negative impact on the environment. The goal of the research is to analyze the transition to a green economy in the European Union, the policies that will make this happen, the challenges and opportunities, which are revealed to the union by this transition.

„Синята“ дипломация – политики и стратегии за трансгранично сътрудничество в областта на водите

„Синята“ дипломация – политики и стратегии за трансгранично сътрудничество в областта на водите
(Blue diplomacy – policies and strategies for transborder water cooperation)

Author(s):Milena Angelova
Language:Bulgarian
Subject(s):Economy, Supranational / Global Economy, Energy and Environmental Studies, Green Transformation
Page Range:532-543
No. of Pages:12
Keywords:‚blue’ diplomacy; relationship marketing; sustainability
Summary/Abstract:Water is a global resource of strategic importance, which scar- city is a severe challenge for continued human development and achievement of several UN Sustainable Development Goals. Water stress threatens the resilience of many areas of the world, fuels social instability, raises food security concerns, can lead to armed conflicts and the reinforcement of migration waves. The blue diplomacy sees water as an instrument of peace and development – through building international partnerships for joint management and sustainable use of water: process that relationship marketing can accelerate and facilitate substantially. The current paper aims at drawing avenues for ‘blue’ diplomacy appliance, supported by strategic marketing instruments.

Политики за насърчаване на иновациите в аграрния бизнес

Политики за насърчаване на иновациите в аграрния бизнес
(Policies to encourage innovation in agribusiness)

Author(s):Petia Branzova, Annie Dimitrova
Language:Bulgarian
Subject(s):Economy, Business Economy / Management, Agriculture, ICT Information and Communications Technologies
Page Range:544-555
No. of Pages:12
Keywords:innovation; policies; agriculture; agribusiness
Summary/Abstract:The adoption of innovations in the agricultural sector of both Bulgaria and Europe is a slow and difficult process. Substantial efforts are needed now to enforce the results of scientific achievements as practices in agriculture. The policies created by the low union and implemented by the current states regarding the implementation of innovations and increase the competitiveness in the agrarian sector with a good perspective and give a right development path for the participants in this process. The main objective of the report is to analyze the policies and their applicability in the field of innovation in agriculture and to bring out the opportunities and perspectives for the producers.

Здравна инфраструктура и конкурентоспособност в условия на COVID-пандемия

Здравна инфраструктура и конкурентоспособност в условия на COVID-пандемия
(Health infrastructure and competitiveness in the terms of COVID-pandemic)

Author(s):Maria Marikina
Language:Bulgarian
Subject(s):Social Sciences, Economy, Business Economy / Management, Sociology, Health and medicine and law, Human Resources in Economy
Page Range:556-569
No. of Pages:14
Keywords:competitiveness; government expenditure and health; infrastructure; well-being
Summary/Abstract:Many scientists across the world are currently focusing their efforts on containing the Covid-19 pandemic. There are various means to do that, and they are mainly medical and aimed at the health infrastructure and the health system as a whole. At the same time, it should be borne in mind that health infrastructure has not only a direct effect on the management of the pandemic, but moreover, it also has an impact on the competitiveness of economies. Improving or deteriorating health infrastructure has a positive or negative impact on national competitiveness, respectively. Linked to this is also the argument supported in this paper. The target of this study is the level of competitiveness, and its subject matter is the way in which the health infrastructure affects the competitiveness in the terms of a pandemic. It is aimed at studying a number of economies and to identify the impact of the relevant health infrastructures on one of the most important economic indicators such as competitiveness.

Анализ на съществуващите модели за оценка на здравния статус на населението

Анализ на съществуващите модели за оценка на здравния статус на населението
(Analysis of the existing social determinants of health models)

Author(s):Ekatherina Tzvetanova-Georgieva
Language:Bulgarian
Subject(s):Social Sciences, Economy, Business Economy / Management, Sociology, Health and medicine and law, Demography and human biology, Human Resources in Economy
Page Range:570-578
No. of Pages:9
Keywords:SDH models; population health; health status
Summary/Abstract:The population‘s health status is a multidimensional issue. Factors such as behavioral, biological, physical, environmental, and socio-economic factors influence the population‘s health. The paper aims to analyze the existing constructed models for population health assessment. The analysis will support the development of an appropriate methodology for building a Social Determinants of Health Model for the Bulgarian population, which will cover different spheres of life and assess their impact on it.

Българският износ в условия на международни инфлационни процеси

Българският износ в условия на международни инфлационни процеси
(Bulgarian exports in conditions of international inflationary processes)

Author(s):Nedialko Nestorov
Language:Bulgarian
Subject(s):Economy, Supranational / Global Economy, Business Economy / Management, Accounting - Business Administration
Page Range:580-587
No. of Pages:8
Keywords:foreign trade; exports; inflation
Summary/Abstract:In the context of significant inflationary processes worldwide, international trade undergoes significant changes in both values and physical volumes of foreign trade transactions. This report presents the results of a study of the state and the dynamics of Bulgarian exports, taking into account the dynamics of the prices and the structure by mode of use of goods.

Новата архитектура на Европейския съюз за макроикономическо и фискално управление през 2021–2027 г.

Новата архитектура на Европейския съюз за макроикономическо и фискално управление през 2021–2027 г.
(The European union’s new architecture for macroeconomic and fiscal management during 2021–2027)

Author(s):Iana Paliova
Language:Bulgarian
Subject(s):Economy, Supranational / Global Economy, Business Economy / Management, Financial Markets, Green Transformation
Page Range:588-599
No. of Pages:12
Keywords:fiscal policy; public sector economics; public finance
Summary/Abstract:The European Union has set itself the ambitious goals of restoring fiscal sustainability and economic growth as a condition for the implementation of priorities through the EU MFF for 2021–2027. The adopted package of policies and new financial instruments of the EU raises many questions of a theoretical and practical nature about the relationship between the predictability of public expenditure and the stability of public debt and for the further economic and social convergence of Member States during the period 2021–2027. In this regard, the report examines the EU‘s sustainable development and growth policies and the new EU macroeconomic and fiscal governance architecture over the 2021–2027 programming period.

Френската неоколониална хватка в Западна Aфрика

Френската неоколониална хватка в Западна Aфрика
(The french neocolonial grip on West Africa)

Author(s):Jivko Valkov
Language:Bulgarian
Subject(s):Economy, Supranational / Global Economy, Business Economy / Management
Page Range:600-613
No. of Pages:14
Keywords:West Africa; France; neocolonialism; colonial past; monetary zone
Summary/Abstract:Eight countries in West Africa united by a currency union with a population of approximately 135 million use a single currency, the CFA franc, left over from France‘s colonial legacy. The specifics of the decolonization processes carried out help France influence the behavior of its former colonies. Attention will also be paid to Guinea, as the only Francophone country that refused to become part of French plans for a post- colonial Africa. This paper will trace the mechanisms of French influence in its former colonies in the region, which very well express Kwame Nkrumah‘s description of neocolonialism as the next stage of colonial rule.

Ролята на финансовите институции при прилагането на регламента на ЕС за оповестяване на информацията за устойчиво финансиране (SFDR)

Ролята на финансовите институции при прилагането на регламента на ЕС за оповестяване на информацията за устойчиво финансиране (SFDR)
(Financial institutions‘ role in implementing the EU sustainable finance disclosure regulation (SFDR))

Author(s):Alexander Apostolov
Language:Bulgarian
Subject(s):Politics / Political Sciences, Politics, Economy, Law, Constitution, Jurisprudence, Supranational / Global Economy, Business Economy / Management, EU-Approach / EU-Accession / EU-Development, Financial Markets, Public Finances, EU-Legislation
Page Range:614-625
No. of Pages:12
Keywords:regulatory framework; sustainable finance; capital markets; SFDR; ESG strategy
Summary/Abstract:This report analyzes the EU Sustainable Finance Disclosure Regulation (SFDR) with a specific focus on two primary objectives. On the one hand, it analyzes the main features of the SFDR and, on the other, assesses whether the new regulatory framework has the potential to harmonize sustainability-related disclosure rules as well as financial products and their distribution channels across Member States. The present study undertakes an analysis of the Sustainable Finance Action Plan (SFAP), the Taxonomy Regulation, and the significance of dependable sustainability- related corporate data. The report presents a scholarly evaluation of the implementation of the recently introduced regulatory framework. It sheds light on the difficulties, effects, and possibilities that financial market participants may encounter while incorporating sustainable financial practices in the European Union.

Методика за конструиране на аналитични модели

Методика за конструиране на аналитични модели
(Methodology for construction of analytical models)

Author(s):Krasimir Kulchev
Language:Bulgarian
Subject(s):Economy, Business Economy / Management, Socio-Economic Research
Page Range:626-637
No. of Pages:12
Keywords:economic analysis; analytical models; financial sustainability; discriminant analysis
Summary/Abstract:Under today‘s socio-economic conditions, the financial sustainability of enterprises emerges as an ever deepening problem. It is known from the theory and practice of economic analysis that there are possibilities for forecasting the financial sustainability. One of these possibilities is the application of specialized (analytical) models constructed through discriminant analysis. The specific features of a given business environment necessitate not only the use of existing models, but also the construction of new analytical models. The indicated need is the main reason why in the present paper emphasis is placed on the consideration of a methodology for constructing analytical models for assessing the financial sustainability of enterprises.

Анализ на ефективността на разходите за жив труд в предприятията – проблеми и решения в условия на кризи

Анализ на ефективността на разходите за жив труд в предприятията – проблеми и решения в условия на кризи
(Analysis of the efficiency of costs for live labor in enterprises – problems and solutions in crisis conditions)

Author(s):Rositsa Ivanova
Language:Bulgarian
Subject(s):Economy, Business Economy / Management, Accounting - Business Administration, Human Resources in Economy
Page Range:638-651
No. of Pages:14
Keywords:methodology; analysis; costs of living labor; crises; solutions
Summary/Abstract:A number of factors have a negative impact on the activity of enterprises in modern conditions: economic, financial and price crises; the Covid-19 pandemic; the disrupted supply chain; hostilities; inflation etc. The object of the research is the effectiveness of the costs of living labor, and the subject is to establish the influence of direct factors on the changes that have occurred in it. The goal is to improve the methodology for the analysis of the effectiveness of living labor costs in the conditions of various crises.

Анализ на тенденциите на жилищния пазар в Европа за периода 2020–2022 г.

Анализ на тенденциите на жилищния пазар в Европа за периода 2020–2022 г.
(Analysis of housing market trends in Europe for the period 2020–2022)

Author(s):Kristina Chavdarova, Ralitsa Dimitrova
Language:Bulgarian
Subject(s):Economy, Supranational / Global Economy, Business Economy / Management, Socio-Economic Research
Page Range:652-663
No. of Pages:12
Keywords:house price index; pandemic; trends
Summary/Abstract:Under the pressure of the dynamic processes that have been taking place at the European and global level in recent years, the topic of real estate prices and the development of the sector remains relevant. At the same time, the topic concerns all social strata of society. The report will look at the trends that are happening in the property market, in particular, that of residential buildings in the period 2020–2022. Several key indicators will be presented, through which to consider whether something is changing in the residential building market, how the eventual change affects individuals‘ wallets.

Теоретико-методологически постановки за оценката на отчетните обекти при външнотърговските сделки

Теоретико-методологически постановки за оценката на отчетните обекти при външнотърговските сделки
(Theoretical-methodological approaches for the evaluation of reporting objects in foreign trade transactions)

Author(s):Stanislava Pancheva
Language:Bulgarian
Subject(s):Economy, National Economy, Accounting - Business Administration
Page Range:664-675
No. of Pages:12
Keywords:foreign trade transactions; valuation; reporting objects; historical price
Summary/Abstract:The scientific development examines the nature and types of reporting objects in foreign trade transactions, making a reasoned distinction by groups: assets, liabilities, equity, income and expenses. Analyze the possibilities for considering the objects of reporting, and in this base discussion questions are found, in parallel with justified solutions for them. To summarize, although the normative conditioning of the matter, the evaluation of the reporting objects instruments can be optimized in terms of the selection and application of an appropriate basis and arsenal for evaluation.

Специфики при счетоводното отчитане на дейността на животозастрахователните компании

Специфики при счетоводното отчитане на дейността на животозастрахователните компании
(Specifications in the accounting reporting of life insurance companies activities)

Author(s):Maia Natchkova
Language:Bulgarian
Subject(s):Economy, National Economy, Accounting - Business Administration
Page Range:676-687
No. of Pages:12
Keywords:insurance; life insurance companies; accounting; independent financial audit
Summary/Abstract:The report elaborates the specific operation of life insurance companies in a high-risk environment which leads to the formation of specific objects of accounting reporting, analysis and auditing. The purpose is to introduce and analyze some specific issues of operation and accounting activity of life insurance companies which shall contribute to the correct collection, management, investment and spending of the funds in the life insurance cash capital and to compliance with the accounting principle „Going Concern“. The presented study can also be used in conducting various types of financial audits – internal audits carried out by the internal management structures of life insurance companies; independent financial audit carried out by chartered accountants, registered auditors and external audit carried out by the state insurance supervisory authority and by other state authorities in relation to the taxation of the activities of life insurance companies.

Ролята на управленските счетоводители в осигуряване на информация за устойчивостта

Ролята на управленските счетоводители в осигуряване на информация за устойчивостта
(The role of management accountants in guaranteeing sustainability information)

Author(s):Iliyana Ankova Stoyanova
Language:Bulgarian
Subject(s):Economy, National Economy, Accounting - Business Administration
Page Range:688-699
No. of Pages:12
Keywords:sustainability information; management accountants; role
Summary/Abstract:The era of discretionary disclosure of sustainability information is coming to an end. The adoption of Directive (EU) 2022/2464 of the European Parliament and of the Council of 14.12. 2022, expanded the scope of companies that are demanded to disclose sustainability information. The aim of this paper is to explore the role of management accountants in providing sustainability information. The analysis reveals that opinions on the matter are contrasting. The article sustains the crucial role of management accountants, defined by and realised through their ability to apply specific instruments to create and process different types of sustainability information and their knowledge of its interpretation.

Оценка и измерване на очакваните кредитни загуби чрез прилагане на модела за обезценка, възприет в МСФО 9 Финансови инструменти

Оценка и измерване на очакваните кредитни загуби чрез прилагане на модела за обезценка, възприет в МСФО 9 Финансови инструменти
(Assessment and measurement of expected credit losses by applying the impairment model adopted in IFRS 9 Financial instruments)

Author(s):Kiril Luchkov
Language:Bulgarian
Subject(s):Economy, Accounting - Business Administration
Page Range:700-711
No. of Pages:12
Keywords:IFRS 9 Financial instruments; impairment; еxpected credit losses
Summary/Abstract:This current report analyses some of the requirements for impairment, which are regulated in IFRS 9 Financial instruments. Attention is paid to the applicability and specific features of the general and simplified impairment approach. Depending on the approach chosen, it is revealed when the entity recognizes expected credit losses.

Контрол и контролинг

Контрол и контролинг
(Control and controlling)

Author(s):Plamen Iliev
Language:Bulgarian
Subject(s):Economy, Accounting - Business Administration
Page Range:712-721
No. of Pages:10
Keywords:control; management; controlling; accountability; planning
Summary/Abstract:The essence of control is considered by many authors, primarily as a function of management and as a feedback link in the system of management carried out by the state or the owner. It appeared with the earliest human consciousness, as from the very beginning, human society was aware of the necessary need for control, which is constantly developing and improving until today. Control should be seen as control and regulation in social governance, where both subjects and objects of control actually reside and constitute it in the form of various operating and working systems. In addition to being a function of management, control must also be seen as a public attitude, or as control of society, which leads to the confirmation of socially accepted norms and rules of behavior, to an impact on the behavior of individuals. Unlike control, the concept of controlling arose much later, in the late 19th and early 20th centuries in the United States, which was caused by the increase in the scale of enterprises and their complex internal and external environment. Controlling and its development are the result of the growing needs for improvement of management functions in organizations, in the conditions of a dynamically changing environment. Controlling unites the achievements of economic analysis, planning, management reporting and management in a single and comprehensive concept and is aimed at the future development and achievement of the goals of each organization. The concept of “controlling” can be defined as a conceptual-management system, oriented towards the future development of the organization and the achievement of its goals, and aimed at information-analytical and methodical provision of its management in the implementation and coordination of management functions, planning, regulation, motivation, control, accountability and information provision, supporting decision-making by management.

Финансирането със собствени капитали – основа за реализация на инвестиционната политика на предприятието

Финансирането със собствени капитали – основа за реализация на инвестиционната политика на предприятието
(The financing with equity capital – a basic for the implementation of the enterprise’s investment policy)

Author(s):Tsvetelina Nenkova
Language:Bulgarian
Subject(s):Economy, Business Economy / Management, Micro-Economics, Accounting - Business Administration
Page Range:722-727
No. of Pages:6
Keywords:enterprise; investments; investment policy; financing with equity capital; external financing
Summary/Abstract:In the conditions of crisis, it is important to study the scale of the use of equity capital and the determination its share in total amount of the enterprise’s investments. The search for an answer to the question is not to be neglected: what should be the investment policy regarding the financing structure of the investment volume? Therefore, the goal of enterprise’s financial management is aimed at optimizing the ratio between the financing with internal and external financial resources, overcoming the negative consequences of the credit restriction and the increase in the interest rate. The implemented investment policy of financing with equity capital in the conditions of economic crisis is the surest protection for preserving the financial and the economic independence of the enterprise.

Дигитализацията на процеса на кредитиране – предпоставка за по-голяма удовлетвореност на банковите клиенти

Дигитализацията на процеса на кредитиране – предпоставка за по-голяма удовлетвореност на банковите клиенти
(Digitization of the lending process – a premise for greater satisfaction of bank customers)

Author(s):Reneta Dimitrova
Language:Bulgarian
Subject(s):Economy, Financial Markets, ICT Information and Communications Technologies
Page Range:728-739
No. of Pages:12
Keywords:banks; digitization lending; loans
Summary/Abstract:Undoubtedly, providing loans to non-financial enterprises and households is one of the main activities of commercial banks in our country. It brings them the biggest income from interest fees and commissions. The digitization of banking activity, quite naturally, cannot pass credit. The report examines precisely the process of digitization of banks‘ credit activities, as an important prerequisite for customer satisfaction.

Тенденции и предизвикателства пред автомобилното застраховане в условия на икономическа криза

Тенденции и предизвикателства пред автомобилното застраховане в условия на икономическа криза
(Trends and challenges to automobile insurance in the conditions of financial crises)

Author(s):Nadya Georgieva
Language:Bulgarian
Subject(s):Economy, Business Economy / Management, Financial Markets, Socio-Economic Research
Page Range:740-749
No. of Pages:1
Keywords:insurance; auto insurance; crisis; insurance company
Summary/Abstract:The purpose of the report is to review the nature and state of automobile insurance in Bulgaria, using the example of the insurance company “DZI – general insurance” EAD during a crisis. The research will outline the state and opportunities for improvement of motor insurance in Bulgaria following the example of insurance company “DZI – general insurance” EAD by revealing its main parameters, while at the same time highlighting the problems in relation to the offer of motor insurance, as well as outlining the directions for its future development, as a determining factor for the development of the insurance market.

Рискове при използване на платформи за финансова информация от индивидуалните инвеститори

Рискове при използване на платформи за финансова информация от индивидуалните инвеститори
(Risks in the use of platforms for financial information by individual investors)

Author(s):Stefani Andreeva
Language:Bulgarian
Subject(s):Economy, Financial Markets
Page Range:750-763
No. of Pages:14
Keywords:financial information platforms; individual investors; automated models; target prices; accuracy
Summary/Abstract:The paper examines potential risks associated with financial information platforms used by individual investors. It highlights the increasing popularity of these platforms and the wide range of information they offer like market and financial data, as well as fair values determined using the discounted cash flow method through automated models. The paper investigates the accuracy of the automated models and whether they are more reliable than financial analysts’ estimates, by comparing their results with stock prices and analysts’ price targets. The paper also identifies problems in the applied automated models that can mislead investors who rely on them to make investment decisions.

Предизвикателства при експанзия на кредитиращи дружества в чужбина

Предизвикателства при експанзия на кредитиращи дружества в чужбина
(Еxpansion challenges for lending companies abroad)

Author(s):Cvetomir Bankov
Language:Bulgarian
Subject(s):Economy, Supranational / Global Economy, Financial Markets
Page Range:764-775
No. of Pages:12
Keywords:expansion; new markets; challenges
Summary/Abstract:Short analysis of the challenges which a lending company could head when try to realize a business expansion abroad. For example is used Access Finance – company with Bulgarian capitals which already operates on some European markets and started the process of business expansion out of Europe. Some challenges and bring to the fore, including the way how the company has solved them.

Проблеми при оценка на стойността на синергията при сливания и придобивания

Проблеми при оценка на стойността на синергията при сливания и придобивания
(Problems in assessing the value of synergy in mergers and acquisitions)

Author(s):Ralitsa Dimitrova
Language:Bulgarian
Subject(s):Economy, Business Economy / Management, Accounting - Business Administration
Page Range:776-787
No. of Pages:12
Keywords:synergy; company value; control premium; agency conflict; hubris
Summary/Abstract:The report examines the problems arising in assessing the value of synergy effects in the course of M&A transactions, as a leading reason for the high market premiums recorded and the failure of these types of business transactions. The main types of synergy depending on the source and their manifestation are presented, as well as a methodology for assessing the value of the synergy. Four main sets of problems are outlined – errors in estimating the value of the target company, biased valuation due to conflicts of interest, managerial hubris and failed integration planning.

Инфлационират ли класическите принципи за справедливост на данъците?

Инфлационират ли класическите принципи за справедливост на данъците?
(Are the classical principles of tax fairness inflating?)

Author(s):Emil Kalchev
Language:Bulgarian
Subject(s):Economy, National Economy, Business Economy / Management, Public Finances
Page Range:788-796
No. of Pages:9
Keywords:taxes; fairness of taxation; principles of tax fairness
Summary/Abstract:Fairness is a key criterion for assessing the qualities of taxes. Although it is more of a philosophical concept, fairness is analyzed in microeconomic tax theory because if taxpayers are aware that the taxes they owe are fair, they would pay them, and conversely, they would seek to avoid or reduce them. Because of this, since ancient times, arguments have been developed that prove their just character. These arguments later crystallize into (normative) systems of principles that set the rules that taxes must conform to – if these principles are met, taxes are fair. Such a system was proposed by the classic of political economy Adam Smith, which are known to this day. The question arises, whether and to what extent they are still relevant or have they depreciated over time?

The flexibility of the labour markets in the EU and the EMU: opportunities and challenges in the social field in the preparation of Bulgaria to join the EMU

Green bonds in Europe: towards more non-banking activities

Green bonds in Europe: towards more non-banking activities (Green bonds in Europe: towards more non-banking activities)

Innovation policy and economic and inclusive development: the case of “One health” as a sectoral innovation policy in Cameroon

Innovation policy and economic and inclusive development: the case of “One health” as a sectoral innovation policy in Cameroon (Innovation policy and economic and inclusive development: the case of “One health” as a sectoral innovation policy in Cameroon)

Greening the Belt & Road initiative: trends and evolutions in China’s energy investments and projects

Greening the Belt & Road initiative: trends and evolutions in China’s energy investments and projects (Greening the Belt & Road initiative: trends and evolutions in China’s energy investments and projects)

Romania’s adaptation to European climate change strategies

Romania’s adaptation to European climate change strategies (Romania’s adaptation to European climate change strategies)

Econometric analysis of energy dependency in the EU, Bulgaria, and Romania

Econometric analysis of energy dependency in the EU, Bulgaria, and Romania (Econometric analysis of energy dependency in the EU, Bulgaria, and Romania)

Quo vadis Eurozone?

Quo vadis Eurozone? (Quo vadis Eurozone?)

Lebanon’s currency crisis: a case of asymmetric rivalries

Lebanon’s currency crisis: a case of asymmetric rivalries (Lebanon’s currency crisis: a case of asymmetric rivalries)

The new EU screening regulations on foreign direct investments: factors and effects

The new EU screening regulations on foreign direct investments: factors and effects (The new EU screening regulations on foreign direct investments: factors and effects)

The internationalization of yuan: current situation and future

The internationalization of yuan: current situation and future (The internationalization of yuan: current situation and future)

De-dollarization of the global economy: are we moving towards a multipolar monetary system?

De-dollarization of the global economy: are we moving towards a multipolar monetary system? (De-dollarization of the global economy: are we moving towards a multipolar monetary system?)

Public expenditure and economic growth: new empirical evidence from Southeast Europe

Public expenditure and economic growth: new empirical evidence from Southeast Europe (Public expenditure and economic growth: new empirical evidence from Southeast Europe)

Интелектуалната собственост на фирмата – фактор за устойчива конкурентоспособност в 21 век

Интелектуалната собственост на фирмата – фактор за устойчива конкурентоспособност в 21 век (The company’s intellectual property – a factor forsustainable competitiveness in the 21st century)

Значение на визуалната идентичност в дигиталния маркетинг в туризма на примера на България

Значение на визуалната идентичност в дигиталния маркетинг в туризма на примера на България (Significance of visual identity in digital marketing in tourism based on examples from Bulgaria)

Без макромаркетингов мениджмънт: кризи, хаос и неустойчивост

Без макромаркетингов мениджмънт: кризи, хаос и неустойчивост (Without macromarketing management: crises, chaos and instability)

Синхронизиране на потребителските емоции и възприятия при въвеждане на маркетинг иновации

Синхронизиране на потребителските емоции и възприятия при въвеждане на маркетинг иновации (Synchronizing user emotions and perceptions when introducing marketing innovations)

Фрагменти от възрастовите различия на поколенията върху потребителското поведение

Фрагменти от възрастовите различия на поколенията върху потребителското поведение (Fragments from the age differences of the generations on the consumer behaviour)

Измерване на неизмеримото: предизвикателства пред метриките в бранд мениджмънта и силата на потребителската лоялност

Икономическо въздействие на круизната индустрия

Икономическо въздействие на круизната индустрия (Economic impact of the cruise industry)

Възможности и предизвикателства пред предприятията по трудова медицина

Възможности и предизвикателства пред предприятията по трудова медицина (Opportunities and challenges for enterprises in occupational medicine)

Екстернализация на дейности в глобалните вериги на стойността – ефекти върху рентабилността на компании без собствено производство

Архитектура на web-базирана платформа за създаване на практически задачи за студенти от реални бизнес казуси

Концептуален модел на лаборатория за дигитално управление в бизнеса

Концептуален модел на лаборатория за дигитално управление в бизнеса (Conceptual model of a laboratory for digital management in business)

Влиянието на доброволните системи за етикетиране върху потребителския избор

Влиянието на доброволните системи за етикетиране върху потребителския избор (The impact of voluntary labeling schemes on consumer choice)

Теоретична концепция за риск мениджмънт в кооперацията

Теоретична концепция за риск мениджмънт в кооперацията (Theoretical framework of risk management in cooperatives)

Връщане към протекционизма: търговските бариери спрямо Европейския съюз и „новата рамка“ на преференциални търговски споразумения

Кръгова икономика, международен бизнес и глобални вериги за доставка

Кръгова икономика, международен бизнес и глобални вериги за доставка (Circular economy, international business and global supply chains)

Новите технологии в практиката на международния бизнес

Новите технологии в практиката на международния бизнес (New technologies in the practice of international business)

Бъдещето на труда: трансформации и последици за икономическия растеж в 21-ви век

Бъдещето на труда: трансформации и последици за икономическия растеж в 21-ви век (The future of work: transformations and implications for economic growth in the 21st century)

Политическа икономия на генеративния изкуствен интелект

Политическа икономия на генеративния изкуствен интелект (Political economy of generative artificial intelligence)

Doughnut economics: Икономически модел за 21 век? Между оспорване на икономическия мейнстрийм и нова версия за устойчиво развитие

Разпределението на дохода между страните от Европа в условията на политики в подкрепа на международната икономическа интеграция

Динамика на производителността на труда и работните заплати в избрани страни от Югоизточна Европа

Динамика на производителността на труда и работните заплати в избрани страни от Югоизточна Европа (Labour productivity and wage dynamics in selected South-East European countries)

Предизвикателства пред зелените бизнес модели като нов подход в маркетинга

Предизвикателства пред зелените бизнес модели като нов подход в маркетинга (The challenges of green business models as a new marketing approach)

Отчитане на устойчивостта: основни принципи и практики в българските компании

Отчитане на устойчивостта: основни принципи и практики в българските компании (Sustainability reporting: principles and practice in Bulgarian companies)

Разходи за опазване на околната среда в България: сравнителен анализ със страните от Европейския съюз

Разходи за опазване на околната среда в България: сравнителен анализ със страните от Европейския съюз (Expenditure on environmental protection in Bulgaria: comparative analysis to the EU countries)

Изследване на връзката между икономическия ръст и ESG индикатори в ЕС

Изследване на връзката между икономическия ръст и ESG индикатори в ЕС (Analysis of the relatonship between economic growth and ESG indicators in the EU)

Преминаване към зелена икономика в Европейския съюз – политики, предизвикателства и цели

Преминаване към зелена икономика в Европейския съюз – политики, предизвикателства и цели (Transition to a green economy in the European Union – policies, challenges and objectives)

„Синята“ дипломация – политики и стратегии за трансгранично сътрудничество в областта на водите

„Синята“ дипломация – политики и стратегии за трансгранично сътрудничество в областта на водите (Blue diplomacy – policies and strategies for transborder water cooperation)

Политики за насърчаване на иновациите в аграрния бизнес

Политики за насърчаване на иновациите в аграрния бизнес (Policies to encourage innovation in agribusiness)

Здравна инфраструктура и конкурентоспособност в условия на COVID-пандемия

Здравна инфраструктура и конкурентоспособност в условия на COVID-пандемия (Health infrastructure and competitiveness in the terms of COVID-pandemic)

Анализ на съществуващите модели за оценка на здравния статус на населението

Анализ на съществуващите модели за оценка на здравния статус на населението (Analysis of the existing social determinants of health models)

Българският износ в условия на международни инфлационни процеси

Българският износ в условия на международни инфлационни процеси (Bulgarian exports in conditions of international inflationary processes)

Новата архитектура на Европейския съюз за макроикономическо и фискално управление през 2021–2027 г.

Green bonds in Europe: towards more non-banking activities
(Green bonds in Europe: towards more non-banking activities)

Innovation policy and economic and inclusive development: the case of “One health” as a sectoral innovation policy in Cameroon
(Innovation policy and economic and inclusive development: the case of “One health” as a sectoral innovation policy in Cameroon)

Greening the Belt & Road initiative: trends and evolutions in China’s energy investments and projects
(Greening the Belt & Road initiative: trends and evolutions in China’s energy investments and projects)

Romania’s adaptation to European climate change strategies
(Romania’s adaptation to European climate change strategies)

Econometric analysis of energy dependency in the EU, Bulgaria, and Romania
(Econometric analysis of energy dependency in the EU, Bulgaria, and Romania)

Quo vadis Eurozone?
(Quo vadis Eurozone?)

Lebanon’s currency crisis: a case of asymmetric rivalries
(Lebanon’s currency crisis: a case of asymmetric rivalries)

The new EU screening regulations on foreign direct investments: factors and effects
(The new EU screening regulations on foreign direct investments: factors and effects)

The internationalization of yuan: current situation and future
(The internationalization of yuan: current situation and future)

De-dollarization of the global economy: are we moving towards a multipolar monetary system?
(De-dollarization of the global economy: are we moving towards a multipolar monetary system?)

Public expenditure and economic growth: new empirical evidence from Southeast Europe
(Public expenditure and economic growth: new empirical evidence from Southeast Europe)

Интелектуалната собственост на фирмата – фактор за устойчива конкурентоспособност в 21 век
(The company’s intellectual property – a factor forsustainable competitiveness in the 21st century)

Значение на визуалната идентичност в дигиталния маркетинг в туризма на примера на България
(Significance of visual identity in digital marketing in tourism based on examples from Bulgaria)

Без макромаркетингов мениджмънт: кризи, хаос и неустойчивост
(Without macromarketing management: crises, chaos and instability)

Синхронизиране на потребителските емоции и възприятия при въвеждане на маркетинг иновации
(Synchronizing user emotions and perceptions when introducing marketing innovations)

Фрагменти от възрастовите различия на поколенията върху потребителското поведение
(Fragments from the age differences of the generations on the consumer behaviour)

Икономическо въздействие на круизната индустрия
(Economic impact of the cruise industry)

Възможности и предизвикателства пред предприятията по трудова медицина
(Opportunities and challenges for enterprises in occupational medicine)

Концептуален модел на лаборатория за дигитално управление в бизнеса
(Conceptual model of a laboratory for digital management in business)

Влиянието на доброволните системи за етикетиране върху потребителския избор
(The impact of voluntary labeling schemes on consumer choice)

Теоретична концепция за риск мениджмънт в кооперацията
(Theoretical framework of risk management in cooperatives)

Кръгова икономика, международен бизнес и глобални вериги за доставка
(Circular economy, international business and global supply chains)

Новите технологии в практиката на международния бизнес
(New technologies in the practice of international business)

Бъдещето на труда: трансформации и последици за икономическия растеж в 21-ви век
(The future of work: transformations and implications for economic growth in the 21st century)

Политическа икономия на генеративния изкуствен интелект
(Political economy of generative artificial intelligence)

Динамика на производителността на труда и работните заплати в избрани страни от Югоизточна Европа
(Labour productivity and wage dynamics in selected South-East European countries)

Предизвикателства пред зелените бизнес модели като нов подход в маркетинга
(The challenges of green business models as a new marketing approach)

Отчитане на устойчивостта: основни принципи и практики в българските компании
(Sustainability reporting: principles and practice in Bulgarian companies)

Разходи за опазване на околната среда в България: сравнителен анализ със страните от Европейския съюз
(Expenditure on environmental protection in Bulgaria: comparative analysis to the EU countries)

Изследване на връзката между икономическия ръст и ESG индикатори в ЕС
(Analysis of the relatonship between economic growth and ESG indicators in the EU)

Преминаване към зелена икономика в Европейския съюз – политики, предизвикателства и цели
(Transition to a green economy in the European Union – policies, challenges and objectives)

„Синята“ дипломация – политики и стратегии за трансгранично сътрудничество в областта на водите
(Blue diplomacy – policies and strategies for transborder water cooperation)

Политики за насърчаване на иновациите в аграрния бизнес
(Policies to encourage innovation in agribusiness)

Здравна инфраструктура и конкурентоспособност в условия на COVID-пандемия
(Health infrastructure and competitiveness in the terms of COVID-pandemic)

Анализ на съществуващите модели за оценка на здравния статус на населението
(Analysis of the existing social determinants of health models)

Българският износ в условия на международни инфлационни процеси
(Bulgarian exports in conditions of international inflationary processes)

Новата архитектура на Европейския съюз за макроикономическо и фискално управление през 2021–2027 г.
(The European union’s new architecture for macroeconomic and fiscal management during 2021–2027)

Френската неоколониална хватка в Западна Aфрика
(The french neocolonial grip on West Africa)

Методика за конструиране на аналитични модели
(Methodology for construction of analytical models)

Анализ на тенденциите на жилищния пазар в Европа за периода 2020–2022 г.
(Analysis of housing market trends in Europe for the period 2020–2022)

Теоретико-методологически постановки за оценката на отчетните обекти при външнотърговските сделки
(Theoretical-methodological approaches for the evaluation of reporting objects in foreign trade transactions)

Специфики при счетоводното отчитане на дейността на животозастрахователните компании
(Specifications in the accounting reporting of life insurance companies activities)

Ролята на управленските счетоводители в осигуряване на информация за устойчивостта
(The role of management accountants in guaranteeing sustainability information)

Контрол и контролинг
(Control and controlling)

Дигитализацията на процеса на кредитиране – предпоставка за по-голяма удовлетвореност на банковите клиенти
(Digitization of the lending process – a premise for greater satisfaction of bank customers)

Тенденции и предизвикателства пред автомобилното застраховане в условия на икономическа криза
(Trends and challenges to automobile insurance in the conditions of financial crises)

Рискове при използване на платформи за финансова информация от индивидуалните инвеститори
(Risks in the use of platforms for financial information by individual investors)

Предизвикателства при експанзия на кредитиращи дружества в чужбина
(Еxpansion challenges for lending companies abroad)

Проблеми при оценка на стойността на синергията при сливания и придобивания
(Problems in assessing the value of synergy in mergers and acquisitions)

Инфлационират ли класическите принципи за справедливост на данъците?
(Are the classical principles of tax fairness inflating?)