The negative impact of severe administrative penalties and inadequate stimulation of unemployment for development of small and medium-size enterprises in Bulgaria Cover Image

Негативното влияние на тежките административно–наказателни санкции и неадекватното стимулиране на безработицата за развитието на малкия и среден бизнес в България
The negative impact of severe administrative penalties and inadequate stimulation of unemployment for development of small and medium-size enterprises in Bulgaria

Author(s): Kiril Chalakov
Subject(s): Social Sciences, Economy
Published by: Сдружение „Академия за иновации и устойчивост“
Keywords: market economy; state policy; social policy
Summary/Abstract: The economy of a country is built taking into account the actual effect on the market. Supply and demand are fundamental principles for the distribution of the resources of the national economy. The political system should stimulate the development of a market economy, adoption of laws protecting private property, allowing free trade, promotion of competition, proper regulation on extraction and utilization of productive resources, to build a real consistent with the production capacity of the economy social protection of the population and minimizing supreme-operative role of the state in regulating the relations between the subjects on the labor market. Current study makes an analyses of the current operating system in Bulgaria providing recommendations for the necessary government actions to overcome shortcomings.