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THE RISE OF THE MODERN STATE SINCE 1500: ANNUAL REVENUES OF EUROPEAN AND OTHER STATES

THE RISE OF THE MODERN STATE SINCE 1500: ANNUAL REVENUES OF EUROPEAN AND OTHER STATES

Author(s): Şevket Pamuk,Kıvanç Karaman / Language(s): English Issue: 1/2023

Recently, with the economic and political problems especially in developed countries and the Covid 19 pandemic, the place of the state in economic development is being debated once again. This presentation focuses on the simple ratio revenues as percent of GDP and summarizes the recently collected evidence about the growing role of the states in Europe and elsewhere during the last five centuries. It shows that revenues of states as a percent of GDP have been rising since the sixteenth century. This powerful trend began in Europe and has spread to the rest of the world including many of the developing countries since the second half of the nineteenth century. Historical examples going back to the era before the Industrial Revolution suggest that economic development took place not in countries where the state was small and weak, but in countries where a strong state supported economic development.

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ПРЕДПОСТАВКИ ЗА РАЗВИТИЕ НА ТЮТЮНЕВИЯ ОТРАСЪЛ В БЪЛГАРСКИТЕ ЗЕМИ ПРЕЗ ХVІІ–ХІХ ВЕК

ПРЕДПОСТАВКИ ЗА РАЗВИТИЕ НА ТЮТЮНЕВИЯ ОТРАСЪЛ В БЪЛГАРСКИТЕ ЗЕМИ ПРЕЗ ХVІІ–ХІХ ВЕК

Author(s): Valentin Kitanov / Language(s): Bulgarian Issue: 1/2023

During the 17th–19th century, tobacco production and trade was not onlya major component for the Ottoman economy – the development of the tobacco industry significantly shaped the economic and social structure of a number of regions thatwere under the Ottoman rule. The pace and scope of development of tobacco production in the Bulgarian lands were influenced by a wide range of factors. In their entirety,these factors predetermined the position and role individual regions had in the development of the tobacco industry. This led to a situation where quantity, volume and socialimportance of tobacco production had different weight in individual settlements or regions, and this interdependence was sustained throughout the entire period of Ottomanrule in the Bulgarian region. Main prerequisites that predetermined the developmentof the tobacco industry as a whole were the natural, human and state factors. Theywere most lasting and central for the development of the tobacco industry and its longevity in a historical perspective. Based on many years of experience, the agriculturalpopulation in Bulgaria had an excellent knowledge of the soil and climatic conditionsin their region and during the 17th-19th century they were able to adapt and cultivateoriental types of tobacco accordingly. Beside the natural, human, social, legislativeand cultural prerequisites, there are a number of other factors that helped shape thedifferent characteristics of the tobacco industry in the Bulgarian region. For example,the provision of quality tobacco seeds, the presence or absence of encroachments ontobacco, natural disasters, the disposal of funds to support tobacco production, etc.The combination of several or of all these prerequisites laid the foundation for thesuccessful development of tobacco production in the Bulgarian region and the abilityto turn it into a major economic branch with an important role for the financial, socialand international politics in Bulgaria after the end of the Ottoman period and duringthe twentieth century

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ОТНОШЕНИЕТО КЪМ ЛИХВАРИТЕ И ЛИХВАТА В ОСМАНСКА БЪЛГАРИЯ ПРЕЗ XIX ВЕК. ПРАВОСЛАВНАТА ПЕРСПЕКТИВА

ОТНОШЕНИЕТО КЪМ ЛИХВАРИТЕ И ЛИХВАТА В ОСМАНСКА БЪЛГАРИЯ ПРЕЗ XIX ВЕК. ПРАВОСЛАВНАТА ПЕРСПЕКТИВА

Author(s): Hristiyan Atanasov / Language(s): Bulgarian Issue: 1/2023

This article delves into a prevalent question within the realms of economic history and theory: How were usury and interest perceived? It primarily explores the religious and moral viewpoints concerning lending with interest from the vantagepoint of Orthodox Christianity – the dominant religious denomination in Ottoman Bulgaria. The article provides both direct and indirect evidence of the strong religious aversion to usury during the studied period, an attitude that significantly influenced the mindset of the populace. Furthermore, this research examines indications of evolving perspectives over time. In the nineteenth century, the predominant moral disapproval of usury began to wane, influenced by Western liberalism and rationalism. Nonetheless, it remained the dominant and defining perspective.

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ИКОНОМИЧЕСКОТО РАЗВИТИЕ В БЪЛГАРСКИТЕ ИДЕИ И ПРОЕКТИ ЗА ДЪРЖАВНО УСТРОЙСТВО И УПРАВЛЕНИЕ ПРЕЗ XIX ВЕК ДО 1879 ГОДИНА

ИКОНОМИЧЕСКОТО РАЗВИТИЕ В БЪЛГАРСКИТЕ ИДЕИ И ПРОЕКТИ ЗА ДЪРЖАВНО УСТРОЙСТВО И УПРАВЛЕНИЕ ПРЕЗ XIX ВЕК ДО 1879 ГОДИНА

Author(s): Petko St. Petkov / Language(s): Bulgarian Issue: 1/2023

The article examines the ideas and projects for the economic development of Bulgarians, including the factors of economic growth or regression, which are present in the program documents of Bulgarian public and political figures and organizations until 1879. Instead of a complex of factors supporting future economic growth, some of these documents contain a sharp critical attitude to the causes of economic backwardness (the lack of guarantees for legal order in the Ottoman state, the discriminatory attitude towards non-Muslims, the heavy tax burden, etc.). The manifestations of economic divination, containing realistic and well-grounded ideas for economic prosperity, stand out: the program of Sophronius Vrachanski from 1811,the part of the memoir from 1867 on the importance of the state budget as an instrument of effective economic management, the economic nationalism of Georgi St. Rakovski, the sensible idea, implemented in the practice of the Exarchate, to manage the nonspiritual secular affairs of the Bulgarians by a special institution, the Mixed Council, operating both at the central level and in each diocese.

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КЪДЕ И ЗАЩО В БЪЛГАРСКИТЕ ЗЕМИ ЛИПСВА ИКОНОМИЧЕСКИ РАСТЕЖ ПРЕЗ ЕПОХАТА НА ВЪЗРАЖДАНЕТО

КЪДЕ И ЗАЩО В БЪЛГАРСКИТЕ ЗЕМИ ЛИПСВА ИКОНОМИЧЕСКИ РАСТЕЖ ПРЕЗ ЕПОХАТА НА ВЪЗРАЖДАНЕТО

Author(s): Ivaylo Naydenov / Language(s): Bulgarian Issue: 1/2023

In the 18th and 19th centuries, there were regions and settlements in the central part of the Balkans that were not characterized by dynamic economic, social and public development. As examples, the regions of Pernik, Radomir, Tran, Godech,Kustendil, etc., where the processes of renewal and economic growth character is tic of the Bulgarian National Revival period are absent. The answer to the question is not one-sided. Probably the factors are many and interrelated – the absence or weak development of market relations; the lack of or the weak entrepreneurial class (of Bulgarians, Greeks, merchants from Dubrovnik, Jews) to stimulate the production and exchange of goods and services in long run (from the 15th to the 19th century); the lack of powerful local commercial houses; the lack of social/entrepreneurial networks that contribute to the exchange of goods, financial resources and information between the regions of Pernik, Radomir, Tran, Breznik, etc., and distant regions; the complete lack of or the weak contacts with nearby and distant lands; the existence of restrictive agrarian regime based on chiflik holdings; the lack of local markets and fairs where more intensive commercial exchange could take place; the existence of particular economic and social atmosphere that stimulate anachronistic way of thinking, and it serves as an obstacle to the economic growth. The idea of the presented text is to provide a more realistic view of the socio-economic transformations that took place during the Bulgarian National Revival

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КОНСУЛСТВАТА КАТО ФАКТОРИ НА ИКОНОМИЧЕСКИЯ РАСТЕЖ В БЪЛГАРСКОТО ВЪЗРАЖДАНЕ

КОНСУЛСТВАТА КАТО ФАКТОРИ НА ИКОНОМИЧЕСКИЯ РАСТЕЖ В БЪЛГАРСКОТО ВЪЗРАЖДАНЕ

Author(s): Simeon Simeonov / Language(s): Bulgarian Issue: 1/2023

This article sheds light on the role of consular institutions as factors of economic growth in the Bulgarian lands before the Liberation from Ottoman rule. Based on a comparative study covering some of the most influential consular representatives in Bulgaria, the article outlines the challenges facing foreign consulates in decades marked by imperial decline, relentless reforms and economic turmoil. Particular emphasis is placed on the interrelationship between political, diplomatic, societal and economic imperatives – as institutions operating in different public spheres, consulate soften had to find a balance between these disparate fields of action. In what way and to what extent did consulates prioritize economic activities and were their economic designs crowned with success? What were their economic goals and how did they contribute to achieving economic growth? Finally, what importance can be attached to consular services in the context of different Bulgarian urban economies – and are they representative of the wider Balkan context? The article conceives of consulates as important institutions in the international infrastructure of the Balkans, which fostered the integration of the region into European commercial networks and the modern international community in the late nineteenth century.

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ВЛИЯНИЕТО НА ЦЪРКОВНАТА СОБСТВЕНОСТ ВЪРХУ РАЗВИТИЕТО НА ЧИНА НА ЕПИСКОПА

ВЛИЯНИЕТО НА ЦЪРКОВНАТА СОБСТВЕНОСТ ВЪРХУ РАЗВИТИЕТО НА ЧИНА НА ЕПИСКОПА

Author(s): Zlatomira Gerdjikova / Language(s): Bulgarian Issue: 1/2023

The article aims to present the influence that the increasing church property had on the development of the rank of the bishop during the 4th and 5th centuries. The Mediolan Edict of Emperor Constantine started a process of the rapid rise of Christianity, including the development of the church hierarchy and structure. As a result of this rise, the rank of the bishop changed by developing its inner hierarchy – bishop, metropolitan bishops, archbishop. The main factor in this particularization of the rank of the bishop was the rapid increase of church property and financial resources. Using secular and Christian law collections as prime sources the publication will show some of the points of interaction between the growth of church property and the development of hierarchy in the rank of a bishop.

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СПЕЦИАЛИЗИРАН СТАТУТ И ДАНЪЧНИ ПРЕФЕРЕНЦИИ: ФАКТОР ЗА ИКОНОМИЧЕСКИ РАСТЕЖ? ПО ПРИМЕРА НА ГАБРОВО ПРЕЗ XVI И XVIII ВЕК

СПЕЦИАЛИЗИРАН СТАТУТ И ДАНЪЧНИ ПРЕФЕРЕНЦИИ: ФАКТОР ЗА ИКОНОМИЧЕСКИ РАСТЕЖ? ПО ПРИМЕРА НА ГАБРОВО ПРЕЗ XVI И XVIII ВЕК

Author(s): Krasimira Mutafova / Language(s): Bulgarian Issue: 1/2023

The categories of population with specialized status and obligations to the central Ottoman authority have been the focus of dozens of studies and the subject of lively discussions since the time of J. Hamer and are still one of the current topics of Bulgarian and Balkan Ottoman studies. Although various aspects of their “medieval past” and continuity in the Ottoman period have been clarified to one degree or another, one of the controversial and still “open” questions remains the presence of a direct relationship between the specialized status of this population, the tax reductions regulated in its favor and opportunities for economic prosperity. The current paper is focused on the category of population with derbendci status, and Gabrovo, one of the “most famous old derbendci settlements” in the Bulgarian lands, is at the center of this case study type of research. The impressive economic flourishing of Gabrovo in the epoch of the Bulgarian revival, gives reasons to trace and argue a direct connection between its derbendci status and its development as a prosperous economic and trade- craft center during the centuries of the Ottoman rule, without this connection being mandatory for all derbendci settlements.An opportunity to trace the development of Gabrovo as a derbendci center, as well as its overall economic characteristics from the last quarter of the 15th to the first half of the 18th century, gives the voluminous and still only partially published compact information included in several icmal, mufassal (detailed, nominal) defters from 1516– 1517, 1541–1545, 1579, 1642–1646, 1750/1751, and nüfus defter-i ciziye from the end of the 17th century, selected for the purposes of the study.The comparative analysis of the statistical summary data from the newly discovered Ottoman archival material, together with the already published ones, reveals the close relationship that existed between the derbendci status, the Ottoman fiscal and legal privileges that applied to the majority of Gabrovo's inhabitants, and sustainable demographic indicators and a flourishing economic development. An indisputable factor for economic growth is the settlement's strategic position in the system of passes of Stara Planina – one of the most important roads connecting southern and northern Bulgaria passes here. Like Etropole, Kotel, Troyan, etc., Gabrovo is a typical example of upward economic development and administrative change of an urban-type settlement with developed commercial and craft activities, which acquired the status of kasaba (city) by virtue of a Sultan's ferman. A change fixed in an undated petition (arzuhal) drawn up after 1857, a century after the latest document of 1751 commented on in the study.

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ФАКТОРИТЕ НА ИКОНОМИЧЕСКИ РАСТЕЖ НА СТАРОПЛАНИНСКИТЕ СЕЛИЩА ПРЕЗ XIX ВЕК

ФАКТОРИТЕ НА ИКОНОМИЧЕСКИ РАСТЕЖ НА СТАРОПЛАНИНСКИТЕ СЕЛИЩА ПРЕЗ XIX ВЕК

Author(s): Gergana Georgieva / Language(s): Bulgarian Issue: 1/2023

The research focuses on several important economic centers from the region of Stara Planina – Tryavna, Elena, Kotel and Gabrovo, which show intensive economic development at the end of the 18th and in the 19th centuries. Thus, those urban centers became engines of the economic development 3of the Bulgarian lands and initiators of the processes of cultural, religious and political emancipation among the Bulgarians in the 19th century. The most important factors for their economic growth appeared to be the commercial activities and crafts – they boost the process of capital accumulation. The population increase in the 18th and 19th centuries was another factor for economic growth. The reforms initiated by Sultan Mahmud II at the beginning of the 19th century also had a positive effect on the economic development of the pre-Balkan settlements and coincided with the period of capital accumulation among Bulgarians.

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ВЪЗРОЖДЕНСКИЯТ ПРЕДПРИЕМАЧ ХРИСТО АРНАУДОВ

ВЪЗРОЖДЕНСКИЯТ ПРЕДПРИЕМАЧ ХРИСТО АРНАУДОВ

Author(s): Svetla Atanasova / Language(s): Bulgarian Issue: 1/2023

The study attempts to construct the personal and professional biography of an entrepreneur from Gabrovo, Hristo Arnaudov. His dynamic and eventful life-story so far remained unsearched and overshadowed by the figure of his eminent father Stancho Arnaudov. For the purposes of this research I have analyzed documents from the museums in Gabrovo and Tarnovo. I have also selected evidence from incunabular books and archive of the Bulgarian Orthodox church. Various scientific publications which are corresponding to the theme are also cited. Hristo Arnaudov’s activity is stretching out in many different directions and has many faces. He was managing the family business in Tsarigrad until 1864; he was one of the first establishers of the joint-stock company “Providenie” in the Turkish capital; a participant in the Great Exhibition of the Works of Industries of All Nations in London; a member of the supervising board of the construction works of the St Stefan church and a warden of the Bulgarian orthodox community, as well as voluntary activity on the publishing of textbooks and a charitable activity in different school organisations. His most famous activity was the translation and publishing of the Laws of the Ottoman Empire in four volumes. After the Liberation Hristo Arnaudov returns to Bulgaria with his family and works in the Sevlievo Court. He became related to the Momchevs - a well-known family from Tarnovo. He passes away in the 1917. The dynamics of the economic and social events from the 50’s until 80’s of the 19 century are illustrating his hesitations and the well-estimated risk taking, as well as his progress based on experience and knowledge. He was also a participant in the revolutionary initiative of the Tsarigrad’s Bulgarians and eventually his activity became part of the concept of economical growth.

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БЮДЖЕТ И БЮДЖЕТНА ПОЛИТИКА НА ОБЩИНА СВИЩОВ ПО ВРЕМЕ НА УПРАВЛЕНИЕТО НА КМЕТА ХРИСТО ТЕОДОРОВ (1887–1893)

БЮДЖЕТ И БЮДЖЕТНА ПОЛИТИКА НА ОБЩИНА СВИЩОВ ПО ВРЕМЕ НА УПРАВЛЕНИЕТО НА КМЕТА ХРИСТО ТЕОДОРОВ (1887–1893)

Author(s): Margarita Marinova / Language(s): Bulgarian Issue: 1/2023

The article analyzes the budget policy of the municipality of Svishtov during the administration of the mayor Hristo Teodorov (1887-1893). The new Municipalities Act of 1886 writes down the municipal income and expenditure precisely, and so it is made easier to make budgets. It trackes down what principles the revenues are formed of and what difficulties there are in collecting them. It is concluded that the highest revenues are collected from the measurement and hauling of goods and that the most serious resource is allocated for the construction of municipal administration and infrastructure projects - mainly for the repair and construction of new streets to connect the city with the port in order to ensure trade. The violations committed by the mayor in the management of expenses are also revealed. In conclusion, it is stated that through various projects and activities, Teodorov managed to change the appearance of the city and to ensure its economic and social stability. Along with that, he also leaves a considerable municipal debt. It is the result of the impossible issue to repay both the loans taken out and the development program deployed with the available revenues.

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ДЕЙНОСТТА НА ЗЕМЕДЕЛСКАТА КАСА В СВИЩОВ В ПЕРИОДА ОТ 1878 ДО 1903 ГОДИНА – ОБЩ ПРЕГЛЕД

ДЕЙНОСТТА НА ЗЕМЕДЕЛСКАТА КАСА В СВИЩОВ В ПЕРИОДА ОТ 1878 ДО 1903 ГОДИНА – ОБЩ ПРЕГЛЕД

Author(s): Emiliya Vacheva / Language(s): Bulgarian Issue: 1/2023

The historical development of the Agricultural Fund in Svishtov during the period spanning from the Liberation to the establishment of the Bulgarian Agricultural Bank has yet to be explored as an independent topic. It has primarily been a part of broader research addressing the city's banking and credit history. This article initiates a comprehensive study of this significant institution. It outlines the principal functions and services provided by the fund, highlights both its strengths and weaknesses in development, and assesses its place and role in the local economic landscape. An analysis of the available data reveals that during this period, the Svishtov Agricultural Fund held a pivotal position in the economic life of the region. It played a vital role in introducing modern agricultural techniques and innovative crop production methods, as well as animal selection practices. These advancements led to increased productivity and improved incomes for the local population. With the fund's support, the region flourished as a key agricultural center.

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ТЪРГОВСКАТА РЕПУТАЦИЯ КАТО СИМВОЛ НА РАСТЕЖА В ТВОРЧЕСТВОТО НА ПРОФЕСОР ДИМИТЪР ДОБРЕВ ОТ ПЪРВАТА ПОЛОВИНА НА XX ВЕК

ТЪРГОВСКАТА РЕПУТАЦИЯ КАТО СИМВОЛ НА РАСТЕЖА В ТВОРЧЕСТВОТО НА ПРОФЕСОР ДИМИТЪР ДОБРЕВ ОТ ПЪРВАТА ПОЛОВИНА НА XX ВЕК

Author(s): Atanas Atanasov / Language(s): Bulgarian Issue: 1/2023

Prof. Dimitar Dobrev was born in the city of Kotel in 1888. He received his higher education in the city of Leipzig (Germany), and later in 1911 defended his doctoral dissertation in economics at the University of Erlangen (Germany). As one of the most famous scientists in the field of accounting at the beginning of the 20thcentury, Prof. Dimitar Dobrev was one of the first authors who pay attention to the goodwill in his scientific works. We believe that the development of the goodwill as an accounting category should be considered in parallel with the development of Bulgarian accounting science in a historical aspect. The main purpose of this article is to analyze the development of Prof. Dobrev's views on goodwill as a specific accounting object, and on this basis to draw a parallel with the modern "drivers" of the value and growth factors in the enterprises. The research methodology is based on the publications of Prof. Dimitar Dobrevin the period 1920-1950 as the main source of information regarding his views on goodwill. The article also compares the views of prominent scientists from Western Europe who worked during this period. We defend the thesis that the application of the scientific approach to goodwill by Prof. Dobrev leads to a theoretical substantiation of the evaluation and presentation of good will in the balance sheet. Based on the analysis of Prof. Dobrev's publications, three periods have been identified in the development of the concept of goodwill. The good will is presented as an intangible productive and profitable factor that generates income and distinguishes an existing business from a start-up. In this aspect, a parallel is drawn with the modern understanding of business value and growth factors in the enterprises, base don business models that are built on the basis of intangible factors such as goodwill.

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ESTIMATING TAX REVENUES ON ECONOMIC GROWTH FOR SOUTHEAST EUROPEAN COUNTRIES

ESTIMATING TAX REVENUES ON ECONOMIC GROWTH FOR SOUTHEAST EUROPEAN COUNTRIES

Author(s): Luljeta Gllogjani,Esat A. Durguti / Language(s): English Issue: 3/2023

The study aims to identify and empirically analyze the impact of direct tax and indirect tax revenues on economic growth in the transition countries of Southeast Europe, based on panel data for the period 2005-2019. Factors that are included in the study as independent variables are direct tax and indirect tax revenues. In contrast, the dependent variable is defined as the annual GDP growth in percentage, an indicator of economic growth. The econometric approach is OLS regression analysis, random effects regression, and fixed effects regression. The model’s reliability has been tested by applying diagnostic tests, such as autocorrelation, normal distribution, and heteroscedasticity. Moreover, the result of the Breusch and Pagan Lagrangian multiplier and Hausman test suggests that the adequate model is a regression with fixed effects. Therefore, the findings with a regression with fixed effects confirm that the revenues from indirect taxes resulted in a positive and statistically significant effect. In contrast, direct tax revenues did not significantly affect economic growth but resulted in a positive sign. The analysis through the econometric model enabled the achievement of the aims set in this paper and the achievement of the final goal, providing observed evidence that the role of tax policy is crucial to encouraging economic growth.

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THE EFFECT OF FINANCIAL DEVELOPMENT ON INCOME INEQUALITY

THE EFFECT OF FINANCIAL DEVELOPMENT ON INCOME INEQUALITY

Author(s): Vesë Qehaja-Kekaë,Atdhetar Gara,Erblina Hajdari,Arber Hoti / Language(s): English Issue: 3/2023

The imperative goal of attaining sustainable development necessitates mitigating income inequality and bolstering access to financial institutions. This research explores the influence of an array of independent variables, namely credit demand, GDP per capita, inflation, government consumption expenditure, and education, on the Gini coefficient across the EU’s 27 Member States from 2008 to 2019. The investigation procured secondary data from the esteemed international entity, the World Bank, with 324 observations belonging to the panel type. Because of the utilization of panel data, this study implemented various econometric models, commencing with the OLS model, followed by the fixed effects model (FE) and random effects model (RE). According to the outcomes of the econometric models, credit demand and education positively impact income inequality. At the same time, GDP per capita, inflation, and government consumption expenditures have a negative effect on income inequality. Additionally, the findings demonstrate the significant impact of credit demand, GDP per capita, inflation, and government consumption expenditures on income inequality.

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Krakow's Participatory School Budget as an Example of Civic Education
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Krakow's Participatory School Budget as an Example of Civic Education

Author(s): Maria Neikova,Barbara Węglarz / Language(s): English Issue: 4s/2024

An example of civic education is the participatory school budget used in Poland. In the participatory budget training, students submit their own ideas, create projects, and then choose those that they think are the most attractive and important. The idea for a participatory school budget was born from the desire to adapt the classic participatory budget process to the needs of a small, local community, such as a school. Taking part in this type of project allows students to co-decide about matters in their immediate environment, i.e. the school. However, in the longer term, it is intended to prepare them to engage in the classic citizen budget, which is carried out in local government units in Poland. The aim of the article is to briefly present the origins and idea of the classic participatory budget, but primarily to focus on the participatory school budget, in particular in relation to a specific example, which is the participatory school budget carried out in one of the Polish cities - Krakow. The article also includes information about the campaign of the Ministry of Science and Higher Education promoting participatory budgeting in schools. Document analysis and critical content analysis, as well as historical and comparative methods were used to write the article.

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Оценката за ролята на Режията върху развитието на тютюневия отрасъл в Османската империя от края на ХІХ – началото на ХХ век

Оценката за ролята на Режията върху развитието на тютюневия отрасъл в Османската империя от края на ХІХ – началото на ХХ век

Author(s): Valentin Kitanov / Language(s): Bulgarian Issue: 1/2024

The condition of the tobacco sector in the European territories of the Ottoman Empire at the end of the 19th and the beginning of the 20th century was determined by the functioning of the Tobacco Regie – a foreign consortium established in 1883 following an agreement with the Ottoman Public Debt Administration and the Ottoman state. Through this concession, foreign capital gained complete control for 30 years over the purchase, processing, and sale of tobacco produced in the state, with the exception of tobacco for export. Existing tobacco factories were closed, and new ones were opened, entirely under the control of the Regie. The Ottoman state renounced the collection of taxes on tobacco, except for the tithe, and agreed not to issue licenses for tobacco-related activities to other individuals or companies. These changes were not universally accepted, and according to contemporary assessments, the introduction of the Tobacco Regie in the Ottoman Empire had a negative impact on the quantitative and qualitative characteristics of tobacco production in certain regions. It led to an increase in tobacco smuggling and affected the interests of small tobacco producers, particularly in Macedonia and Thrace.

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Недостатъчно бедни: развитие на българското село и индустрия, 1878–1939 година

Недостатъчно бедни: развитие на българското село и индустрия, 1878–1939 година

Author(s): Dimitar Sabev / Language(s): Bulgarian Issue: 1/2024

The prevailing perspective on the Bulgarian economy from 1878 to 1939 characterizes it as extremely backward. However, growing evidence suggests that this pessimistic assessment must be reconsidered. In 1910, Bulgaria boasted a slightly higher per capita gross domestic product than most geographically and historically similar nations. This advantage continued to expand until 1939, indicating a potential shift toward a more modern economic structure. Importantly, national income was distributed relatively equitably. The majority of Bulgarians owned sufficient arable land to sustain themselves, and this prevented them from being forced to sell cheaply their labour. This hindered industrial growth but also prevented extreme exploitation. The widespread ownership of land in Bulgaria had its roots in the Tansimat, intensified along with the emigration of Turks after 1878, and solidified by the 1920/21 land laws. As a result, three-fourths of the Bulgarian population became landowners, with about 82% of peasants owning less than 10 hectares of land. While this scale of land ownership did not guarantee high incomes, it helped prevent extreme poverty during a challenging period for the national and global economy. However, both Marxists and proponents of capitalist growth heavily criticized Bulgaria’s small-scale land ownership. Marxists viewed non-starving villages as an obstacle to the emergence of the proletariat that would spark a revolution. Advocates of capitalist growth lamented the higher labour costs and lower labour market recruitment. This paper contends that the Bulgarian village economy was a democratic economic order that emerged spontaneously, relied on the personal agency of the landowners, and effectively reduced extreme poverty, although not preventing scarcity. Until the beginning of World War II, the Bulgarian village economy followed a middle path of development that achieved a three-fold increase in literacy among village women in just one generation – without spectacularly contributing to the overall GDP figures or sparking a proletarian revolution.

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Индустриални картели и антимонополно законодателство в България през 30-те години на ХХ век

Индустриални картели и антимонополно законодателство в България през 30-те години на ХХ век

Author(s): Kostadin Paev / Language(s): Bulgarian Issue: 1/2024

The policy of economic protectionism that emerged from the end of the 19th and the beginning of the 20th century, carried out by a number of Bulgarian governments, initially led to a rise in the Bulgarian industry, but later as a result of this, monopoly structures arose, which were a barrier to its further development. To overcome this phenomenon at the beginning of the 30s of the 20th century, the adoption of antimonopoly legislation in the country was necessary. By the late 1920s and early 1930s, about a dozen cartels were available in the sugar and brewing industries, glucose factories, carbon dioxide factories, vegetable oil refining, wire and nail factories, etc. In order to overcome the negative consequences of these monopoly structures, an anti-monopoly bill was submitted to the XXIII National Assembly Its discussion began in September 1931. During the parliamentary debates, different positions and opinions were expressed on this issue. The law was adopted in December of the same year. It introduces restrictions on the activities of monopolistic organizations and establishes an order for price control of the goods produced by them.

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Българското законoдателство от 30-те и 40-те години на ХХ век и фабриката ,,Нисим Авдала & синове“

Българското законoдателство от 30-те и 40-те години на ХХ век и фабриката ,,Нисим Авдала & синове“

Author(s): Yordanka Krivoshieva / Language(s): Bulgarian Issue: 1/2024

Legislation in the 1930s and 1940s was characterized by significant changes in the Bulgarian industry, which generally came down to state regulation and control of production. The aim of the present study is to show the influence of the laws and their consequences on the economy of the country, through the history of an enterprise. The disadvantages of the Industry Act of 1936 are expressed in the favoring of firms, usually state and municipal, restrictions on private enterprise and free competition. The anti-Semitic state policy in 1942–1944 adversely affected the Bulgarian economy. Enterprises with a long tradition, with established trade contacts and markets are nationalized and entrusted to state officials. The economic transformations carried out by the political regime after 1944 represent yet another supreme injustice. They are conducted by the state without the necessary resources of experienced and prepared persons with knowledge and culture.

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