"16+1" Format - Role in Geopolitical Strategy of PRC

Author(s): Nako R. Stefanov / Language(s): English Issue: 1/2018

In the latest years the “16+1” Format is becoming more and more important for the Central and Eastern Europe countries. Although at the very beginning the format “16+1” has not been considered an important initiative from geopolitical and even from economic point of view at the background of “One Belt One Road” (OBOR) Geostrategic Strategy it began to acquire the features of geo-strategic scheme. The current progress within the “16+1” Format has exposed the challenges China is facing in its attempt to shape a concrete framework for cooperation on OBOR. Brussels is concerned about China cooperation with the CEE countries. This suspicion hinders cooperation between China and the CEE countries. Such cold war mentality needs proactively respond.

Междукултурната свързаност Китай - Централна и Източна Европа: възможности и предизвикателства пред бизнеса

Author(s): Bistra Vassileva,Plamena Palamarova / Language(s): Bulgarian Issue: 1/2018

Globalization is signified as a quintessence of the last decade of the 20th century. Its effect on international trade is outstanding since the globalization contributes a great deal to the international markets interconnectedness. The shifting balance of power on the global markets has been indicated as a transition from Globalization 2.0 (Western dominated) to Globalization 3.0 (China-dominated). This paper deals with the issues of cross-cultural communication and global-local branding paradigm as a key aspect of cross-cultural connectivity China-CEE. Global positions of China as a part of BRIC countries are analyzed in terms of level of globalization using KOF index of globalization. Cultural profile of China is compared to the profiles of CEE and Balkan countries through Hofstede determinants. Several conclusions about business challenges and opportunities for CEE companies on Chinese market are drawn.

Няколко опита за създаването на държавна банка в Османската империя през 1854–1863 г.

Author(s): Desislava Dimitrova / Language(s): Bulgarian Issue: 1/2020

This article view at the first attempts to create a state bank in the Ottoman Empire. The beginning could be made in 1854, with British bankers making their first proposal until the sultry. Until the first state bank was actually established Imperial Ottoman Bank in 1863. The documents on which the text is based are: promulgated laws, documents relating to the First State Bank, Tsarigradskiya vestnik, Takvîm-i vekÂyi. Attention is also paid to the spread of the kaime-i mutebere-i nakdiye / paper money since 1840. All models presented for the creation of a state bank are presented by model: origin of the proposal, bank capital, representative, vision for development. On this basis, an analysis is made that the Ottoman Empire became aware of: the use of paper money (kaime), converting it into a standard monetary system (based on a monetary system), ending counterfeiting with them, and establishing banking institutions. The changes in the capital market of the empire during the same period were: issuance of modern debt securities, creation of companies in the form of joint stock companies, both domestic debt securities and the stock exchange, where the company shares and bonds will be traded. With these innovations, the Ottoman Empire completely changed its current financial system. For over twenty years, the High Gate has been trying to set up a stateowned bank jointly with foreign capitals. This became a fact in 1863.

Лидерът и умението да мотивираме чрез себе си. Монография.Автор: Пламена Ванева Пенчева. Велико Търново: Ай енд Би, 2020,220 с., ISBN 978-619-7281-60-6

Author(s): Pencho Penchev / Language(s): Bulgarian Issue: 1/2020

Международна икономика. Учебник. Автори: Добринка Златева, Емил Панушев, Илиян Матеев, Иван Бянов и Невена Бянова. Велико Търново: УИ „Св. св. Кирил и Методий“, 2019, 228 с., ISBN 978-619-208-175-1

Author(s): Karim Naama / Language(s): Bulgarian Issue: 1/2020

Фалшиви новини и икономическа журналистика

Author(s): Asya Asenova / Language(s): Bulgarian Issue: 1/2018

The nonobjective journalistic interpretation of economic facts can lead to both minor and serious consequences, ranging from the individual recipient to a whole business sector. Therefore, the fundamental principle of providing reliable information to society is of particular importance for the economic field. The paper addresses the issue of unintentional distribution of fake news in the context of economic journalism and new media. The combination of political, social, economic and technological factors has contributed to the growth and scale of the problem, with the most important one being the impact of the internet environment, which has turned fake news into an unwanted function or rather a dysfunction of digital media.

Развитие на конферентния хотелиерски продукт във Велико Търново в условията на Ковид 19

Author(s): Nadezhda Kostadinova / Language(s): Bulgarian Issue: 2/2020

The periods of crises usually make visible the faults in number of businesses including tourism and hospitality ones. The lack of on time development drivers in their specific products makes the economic prosperity of enterprises harder. The entrepreneurs in Veliko Tarnovo destination that develop conference hospitality product also fall into this number. There are many lapses but many positive prerequisites simultaneously that would define the future development of this niche product. In the current paper, all of them are referred to the current unprecedented situation caused by COVID-19. The paper is based on analyses of the existing conference hospitality product in the destination.

Рецензия на монография на тема „Възможности за ефективно управление на организационни кризи“ с автор Даниела Йорданова

Author(s): Pencho Penchev / Language(s): Bulgarian Issue: 2/2020

Влияние на пандемията COVID-19 върху развитието на застраховка „Живот“, свързана с инвестиционни фондове

Author(s): Galina Stoyanova / Language(s): Bulgarian Issue: 1/2022

The COVID-19 pandemic has launched a rethink and rearrangement of people’s priorities related to the protection of life, health, and body integrity, as well as responsible actions towards savings and investing funds for quality planning of the financial future. Fear of mortality, forced virtualization and blocked spending channels, such as savings, have aligned the role and importance of life insurance. The pandemic triggered a growth in life insurance related to investment funds.

Екологични проблеми и предизвикателства при производството и рециклирането на електромобили

Author(s): Erhan Ahmedov / Language(s): Bulgarian Issue: 1/2022

The article is divided into two parts, the first of which briefly presents the history of the production of electric cars. Contrary to expectations, it turns out that electric cars have been produced before conventional cars. The second part presents the main problems and challenges facing the production and mass distribution of electric vehicles. The main theoretical problem is the extent to which electric cars pollute the environment compared to conventional cars. In an attempt to find an answer to this question, environmental pollution at different stages of the electric car’s life is considered. The main conclusion is that electric cars pollute the environment much less than conventional cars, but the exact percentage is impossible to be given.

Сравнителен анализ на развитието на сектор захар в България и Румъния преди и след присъединяването им към ЕС

Author(s): Ivaylo Mochukov / Language(s): Bulgarian Issue: 1/2022

Romania and Bulgaria are two neighbouring countries located in one of the most deficient regions in terms of own raw material for sugar production in Europe. The region is defined as deficient due to unfavourable climatic conditions for sugar beet cultivation compared to the largest sugar producers in Europe: Germany, France, the Netherlands and Poland, where 70% of all sugar production in the EU is concentrated. At the peak of the sugar sector in the two countries, there used to be 40 sugar factories with more than 9,500 employees. After their accession to the EU and the end of the so-called sugar sector reform, only five factories managed to survive. The EU sugar sector reform itself was not carried out on a parity basis for all operators, but it gave more rights to beet processors at the expense of restrictions imposed on cane refineries and imports of raw cane sugar for refining. One of the outcomes of the reform is the differentiation of three regional markets, with a price gap of €61 between the first and the third region. The Balkan sugar sector is highly endangered and threatened with destruction. There is an urgent need of preferential custom quota for import of raw cane sugar to be implemented. Deficit countries like Bulgaria and Romania need to secure the traditional sugar consumption with local production from an independent source. Such a measure will prevent the monopolization of the market and protect the interest of the local economy, industry, and consumers.

Счетоводни аспекти на квотите за емисии на парникови газове

Author(s): Rosen Kolev / Language(s): Bulgarian Issue: 1/2022

The increase in consumer demand and production capacity of economic entities has a negative impact on the ecological balance in nature. One of the main tasks of the European Union in recent years has been to reduce greenhouse gases and to create certain mechanisms in this direction. These policies create preconditions for reorganization of the activities of enterprises, which requires provision of information in the short, medium and long term. Accounting has a certain place in this regard, which should provide the necessary information for their management.

„Бюджетирането в управленските счетоводни системи на търговските банки“. Монография. Автор: Райна Стоянова Петрова. Велико Търново: УИ „Св. св. Кирил и Методий“, 2021, 152 с., ISBN 978-619-208-278-9

Author(s): Mariya Pavlova / Language(s): Bulgarian Issue: 1/2022

За 14-ата петилетка на Kитай и хармонията

Author(s): Iskra Mandova / Language(s): Bulgarian Issue: 1/2022

We know that China has been adopting Five-year plans since 1953; they are a system of planned initiatives that the country seeks to pursue in its future socio-economic development. The Fourteenth Five-Year Plan (FYP) of China (2021– 2025), approved in March 2021, is the main topic of this article not only because of the important strategic and geopolitical place of China in the modern world, but also because of the need for such publications in our country. We can read that this five-year plan sets key milestones for China, but also for every other country in the world: tackling poverty, trade expansion, investment in science and technology, environment protection, etc. The aim here is to consider not only the economic and social aspect of the planned development, but also to look for the roots of modern Chinese politics in traditional culture and ancient Chinese philosophy. In today’s global world, it is not possible for any nation or culture to exist in isolation and develop on its own. That is why Chinese people say that China needs the world, but the world also needs China, especially the modern world.

Устойчивите финанси или (р)еволюция на финансите в контекста на устойчивостта

Author(s): Vanya Tsonkova / Language(s): Bulgarian Issue: 2/2022

Nowadays, significant transformations are observed in the sphere of finance as a system of specific relations, policy, and scientific field. This research is focused on the impact of the dynamic concept of sustainable development in finance. The purpose is to examine the changes occurring in finance in their different aspects under the influence of the sustainability paradigm, and to present the author’s vision of their nature, scope, and contemporary challenges. To achieve this goal, a critical analysis has been carried out of supranational strategic documents and agreements, scientific publications, business regulations and practices. It has been proven that sustainable finance is not a separate field or element of finance, but a new stage in the development of the financial system, policy, and science.

Методика за определяне на вътрешни причини и управление на конфликти в организацията

Author(s): Ivaylo B. Ivanov / Language(s): Bulgarian Issue: 2/2022

The paper presents the results of the author’s research aimed at creating a methodology for identifying the internal causes of conflict in organizations. It also provides a summary of the results of applying this particular methodology as a key element of the management decision support mechanism for effective management of internal conflicts in organizations. In addition, the paper structures a tool useful to managers in seeking solutions to cope with the causes of conflict and to select the most appropriate strategies and methods for managing them in their organizations. Exploring the internal causes of conflict in an organization outlines what the objective needs are to adequately build on the existing conflict culture in organizations.

Влияние на новите глобални рискове върху търговските вземания и междуфирмената задлъжнялост в страните от Източна Eвропа

Author(s): Marinela Ilieva / Language(s): Bulgarian Issue: 2/2022

Following the conflict of Ukraine, global trade has faced a double whammy: a confidence shock in demand, as well as increasingly high price pressures. High energy prices, geopolitical tensions, and increased transportation bottlenecks rank among the basic concerns for the existence of business in Eastern European countries. These challenges will tighten financing and will exacerbate interfirm debt problems, resulting in a number of insolvencies that will continue to increase in the coming quarters. In this complex political, financial, and economic environment, with constantly emerging new crises and risks, business may only survive if it restructures itself and properly adapts to the new reality.

Особености на финтех компаниите в контекста на индустрия 4.0

Author(s): Polina Ivanova / Language(s): Bulgarian Issue: 2/2022

There is no doubt that technology occupies a very important part of our daily lives today, and that the Fourth Industrial Revolution covers all industries. The financial sector is one of the sectors that has also been greatly influenced by Industry 4.0. Banking. Accounting, insurance, the tax function, cash management, control, and many others are developing thanks to the use of digital technologies and the automation of financial processes. Fintech companies, the use of mobile devices in banking, the crypto-banking system based on the blockchain technology, as well as the open banking systems are developing so dynamically that they have drastically transformed the financial sector in recent years.

Международно развитие на търговията в след Ковид епохата

Author(s): Evangelos Katsikudis / Language(s): Bulgarian Issue: 1/2023

The report focuses on the current situation, influenced by a global health crisis that has completely reconstructed national social systems and economic policies, and Russia's subsequent military invasion of Ukraine. These two factors are generating in their wake disastrous consequences and many state models are proving unprepared for them. However, international trade has managed to recover extremely quickly from the effects of the crises and to generate growth as early as 2021 on several its indicators. A viewpoint is formed summarizing the importance of each actor in the global economic system, especially the largest economies, but also the role of implementing international cooperation in the field to achieve real results and provide assistance, especially to countries in need.

Политиката за разширяване на Европейския съюз - настояще и бъдеще в контекста на войната в Украйна 2022

Author(s): Monika Panayotova / Language(s): Bulgarian Issue: 1/2023

The aim of the current research paper is to examine the present and future of the enlargement policy of the European Union in the context of the complex realities of the war in Ukraine and the new EU initiatives and conceptual ideas related to the Enlargement Strategy from 2018, the new negotiation methodology from 2020, the concepts of gradual accession to the Union with a transitional consolidation clause, the European Political Community and a new European Convention. For the purpose of the study, different methods of analysis have been used. Some of them include: an innovative 'portfolio thinking' approach, revealing the extent of the EU's innovative spirit in creating new trajectories of engagement with the Western Balkans and Eastern Partnership countries, and emphasising the importance of de-risking so that the above presented initiatives are recognised as an opportunity rather than an obstacle to the European perspective; experimental use of artificial intelligence by the OpenAI research laboratory in developing potential scenarios for the future of enlargement policy in the short, medium and long term. The study has its added value in view of the upcoming European elections in 2024, the growing geopolitical aspirations of Russia and China in Eastern and South-Eastern Europe, the need to prepare both the EU and candidate countries for future enlargements and for the challenges of tomorrow.