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Are there really any errors in the Austrian theory of welfare?

Are there really any errors in the Austrian theory of welfare?

Author(s): Mateusz Czyżniewski / Language(s): English Issue: 76/2024

This text reviews David Megger’s 2021 book entitled Justice in Welfare Economics. Libertarianism and the Austrian School (in Polish: Sprawiedliwość w ekonomii dobrobytu, liberatarianizm i szkoła austriacka). The review takes a critical approach, highlighting the most significant aspects of the presented considerations and emphasising their uniqueness and complexity. I intend to extensively discuss the author’s theses concerning the modification of the fundamental claims of Austrian school representatives about justice and welfare, highlighting both their strengths and weaknesses.

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UTICAJ EKONOMSKIH I POLITIČKIH FAKTORA NA MIGRACIJE PREMA EU - STUDIJA SLUČAJA : SIRIJA I LIBIJA

UTICAJ EKONOMSKIH I POLITIČKIH FAKTORA NA MIGRACIJE PREMA EU - STUDIJA SLUČAJA : SIRIJA I LIBIJA

Author(s): Milica Djurovic / Language(s): Montenegrine Issue: 2/2024

In this paper, I will deal with political and economic factors that initially affect migration towards the EU. I believe that the aforementioned factors are crucial when it comes to migration towards the European Union, as a destination that, for political and economic reasons, can offer migrants a refuge and some kind of economic security, which they need in a specific circumstances, out of border of their home countries. In this sense, on concrete examples of Syria and Libya i will consider the crucial reasons from the corpus of the aforementioned factors and how they contributed to population migration towards the European Union.

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Driving Success: Unveiling Key Trends in Employee Training and Competency Development within the Automotive Industry

Driving Success: Unveiling Key Trends in Employee Training and Competency Development within the Automotive Industry

Author(s): Hana Trávníčková,Vasilii Ostin,Anastasiia Mazurchenko / Language(s): English Issue: 4/2024

Trends such as advances in digital technologies and diversity in talent management necessitate continuous learning in the workplace and make European employers think about what competencies of their employees, in addition to basic digital competencies, are most in demand both today and in the foreseeable future. Considering this, identifying the main trends in employee training and development in the automotive industry in Central Europe and their impact on current and future competency profiles becomes the main purpose of this article. Both primary and secondary data have been analysed. The qualitative methodology in this article is based on the processing of the primary data from eight semi-structured interviews conducted from June to October 2023 with human resource managers and learning and development managers of selected Czech companies related to the automotive sector. An essential secondary data source was Eurostat’s Continuous Vocational Training Survey on employee training and development within European countries in 2020 among 113,000 businesses. The findings in this article demonstrate that digital competency and soft skills are currently the most important competencies for employee development within the automotive sector in Central Europe. Implications for Central European audience: The results presented in this article emphasise the importance of adapting actual employee training and development programmes to technology trends influencing the automotive industry. It has been proven that employees’ soft competencies are preferable today and will be in great demand in the next three years. This is because soft skills support the successful implementation of change and improve the competitiveness of the business in the long term, and both education and development managers and employees themselves realise this.

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The Relationship Between Organizational Trust and Organizational Silence: A Literature Review

The Relationship Between Organizational Trust and Organizational Silence: A Literature Review

Author(s): M. L. Slimane Tichtich,Amira Khaiat,Kh. Bouchareb Bouloudani / Language(s): English Issue: 1/2024

This study examines the relationship between trust in colleagues, supervisors, and management, and the dimensions of organizational silence, such as defensive and deafening silence, across different sectors and regions. By analyzing data from previous studies in education, industry, and services in countries like Indonesia, South Korea, Turkey, and Afghanistan, the study provides insights into how trust affects organizational silence. Using secondary data analysis, statistical methods were employed to explore these relationships. The findings show significant disparities based on sector and geographic location. For example, a strong inverse relationship was found between trust in colleagues and defensive silence in Indonesia's education sector, while no significant impact was observed in South Korea's service sector. Trust in supervisors also had a notable effect on organizational silence, with variations depending on the sector. The study highlights the role of cultural and managerial differences and offers recommendations to enhance trust and reduce organizational silence.

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Tourism Resilience Through Social Entrepreneurship and Collaborative Processes

Tourism Resilience Through Social Entrepreneurship and Collaborative Processes

Author(s): Liliya Terzieva,Sarah Schmitz / Language(s): English Issue: 1/2024

The tourism industry, characterized by its complexity and interconnectedness, faces significant challenges such as economic downturns, natural disasters, and global pandemics, all of which underscore its vulnerability. Traditional risk management strategies have proven inadequate in addressing these multifaceted issues. This study explores the role of social entrepreneurship in enhancing tourism resilience through innovative and collaborative approaches. By fostering partnerships among local communities, stakeholders, and social entrepreneurs, social entrepreneurship drives sustainable development and creates resilient tourism destinations. Employing the two very diverse cases presented, this paper highlights the importance of adaptive strategies, collaborative networks, and social innovation in building a more sustainable and resilient tourism industry.

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EU Strategic Approaches to Combating Corruption

EU Strategic Approaches to Combating Corruption

Author(s): Georgi Tasev / Language(s): English Issue: 2/2024

Corruption remains a persistent challenge within the European Union, eroding institutional trust, economic stability, and the rule of law. In response, a comprehensive framework of strategic documents, policies, and instruments has been developed to foster transparency, accountability, and integrity across member states. This paper provides an in-depth analysis of the Union’s anti-corruption strategy, focusing on key documents, governance reforms, and legal tools that enhance enforcement mechanisms. Furthermore, the study explores disparities in national anti-corruption measures across various countries, evaluating their alignment with common standards and identifying ongoing challenges. Special attention is given to the roles of key institutions in combating cross-border corruption. The paper concludes that achieving a corruption-free Europe will require sustained collaboration among institutions, member states, and civil society, emphasizing the importance of consistent monitoring and implementation of anti-corruption frameworks.

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Nuclear Security Challenges and Detection Architecture Developments in Northeast Africa: A Comprehensive Analysis

Nuclear Security Challenges and Detection Architecture Developments in Northeast Africa: A Comprehensive Analysis

Author(s): Bokhari Ahmed Moneir / Language(s): English Issue: 2/2024

Preventing terrorist organizations from getting and using nuclear weapons is a critical global challenge. Among the issues facing nuclear security in northeast Africa are illicit trafficking, political instability, the lack of regulatory frameworks, and limited technical capabilities. Countries like Egypt, Sudan and Ethiopia, are increasingly aware of these threats and are actively working to develop their nuclear security and detection architectures and address them. Effective nuclear threats mitigation relies on identifying and intercepting illicit nuclear material movements before they can be used for malicious purposes. This paper examines nuclear security challenges and threats and Nuclear Developments in Northeast Africa in focusing on regulatory frameworks, technological advancements, and regional and international cooperation and conventions related to nuclear security. It underscores the importance of a robust detection architecture, highlights the need for continuous improvement in regulatory measures, and calls for stronger international collaboration. Recommendations for future enhancements are also provided.

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Combating Nuclear Terrorism Threats Through Development of Evolving Nuclear Security Regime

Combating Nuclear Terrorism Threats Through Development of Evolving Nuclear Security Regime

Author(s): Tumelo Baraedi / Language(s): English Issue: 2/2024

Nuclear terrorism refers to the unauthorized use or attempted use of nuclear explosive devices (e.g., Improvised Nuclear Devices (IND’s), and radioactive ones (e.g., Radiation Dispersal Devices (RDD’s) or Radiation Emitting Devices (RED’s)), as well as attacks/attempted attacks on nuclear/radiation facilities. The main objective is to review some major challenges encountered by having an evolving nuclear security regime, with the main focus being on nuclear terrorism. The paper seeks to suggest recommendations that can be used in reducing the threat of nuclear terrorism and maintaining an effective nuclear security regime which can be used in combating nuclear terrorism. The research was conducted through a literature review of international instruments such as IAEA publications (e.g. IAEA NSS No. 6) on maintaining a sustainable nuclear security regime and an analysis of the indicators that could play a key role in maintaining these. The survey was also conducted on both radiation workers and the public.

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The Problem with Bulgaria’s Lack of Funding Directed to the Education Sector

The Problem with Bulgaria’s Lack of Funding Directed to the Education Sector

Author(s): Boris Miloshev / Language(s): English Issue: 4/2024

Human capital is one of the driving factors for an economy and has a direct effect on production. One of the best ways to boost a country’s GDP is to increase labor productivity, which is directly linked with long-term economic growth. With Bulgaria having one of the lowest general government expenditures to GDP ratio in Europe and low teachers’ salary rates compared to other countries, it’s important to determine how this may be affecting the country and its economic growth as a whole. The aim of this paper is to analyze the lack of funding in the educational sector based on the human capital theory and the Augmented Solow growth model, as well as to provide some suggestions on possible improvement strategies.

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Кейнсовата и Нео-кейнсианската теории за икономическите кризи: някои теоретични аспекти

Кейнсовата и Нео-кейнсианската теории за икономическите кризи: някои теоретични аспекти

Author(s): Petar Piperkov / Language(s): Bulgarian Issue: 4/2024

The Keynesian tradition dates back to J. M. Keynes and, according to it, economic crises are endogenous phenomena. The article reviews some aspects of this tradition in light of the understanding of fluctuations from market equilibrium. The object is the currents in the Keynesian theory, and the subject – their views on economic crises. The purpose of the article is to highlight certain contradictions between the ideas of J. M. Keynes and the subsequent Keynesian schools, due to the original ideas of Keynes, which subsequently fell out of the Keynesian tradition, but are essential for understanding the genealogy of crises. Scientific methods such as historical-logical analysis, comparative analysis and synthesis were used.

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Contribuția reglementărilor privind activitatea prestatorului casnic la reducerea fenomenului de muncă nedeclarată
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Contribuția reglementărilor privind activitatea prestatorului casnic la reducerea fenomenului de muncă nedeclarată

Author(s): Marius-Leonard Irindea / Language(s): Romanian Issue: 6/2024

The regulation of the activity of the domestic worker as an atypical form of employment based on vouchers creates the framework for the fulfilment of Romania’s commitment to register, by March 2026, a number of 60,000 domestic service providers who were previously recorded as unemployed or inactive. This effort is basically aimed at reducing the unemployment rate in Romania by 0.75%, given the figure of 460.4 thousand unemployed published by the INS in the third quarter of 2024, a figure that has remained relatively constant over the last 3 years. With the new law, the state aims to create jobs closer to the worker by making it easier for them to perform domestic activities close to their homes. At the same time, the law also targets the social component of insuring workers in the social and health insurance system and the fiscal component of collecting contributions and personal income tax.

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A Tale of Two States under the Dragon’s Gaze: Sri Lanka and the Maldives in Beijing’s Indian Ocean Strategy

A Tale of Two States under the Dragon’s Gaze: Sri Lanka and the Maldives in Beijing’s Indian Ocean Strategy

Author(s): Punsara Amarasinghe,Rohan Gunaratna / Language(s): English Issue: 2/2024

The ongoing growth of Chinese naval presence in Indian Ocean and PRC’s rapport with Maldives and Sri Lanka denote the importance of Indian Ocean to the Chinese. This article is an attempt to understand how China’s own set of rules lying beyond the rule-based international order help to penetrate the weak and fragile states. Seen from the perspective of the contemporary worldview, China’s rivalry with the existing norms prevailing in the liberal international order is similar to a clash between different worldviews, where some try to commit to the ideals espoused by the Atlantic Charter, such as self-government, economic prosperity, free trade, and the preservation of global goods, while others challenge its legitimacy. China’s abhorrence to the Western dominant international order reflects its own world view that differs from the West. This article seeks to examine China’s nuanced maritime policy towards the Indian Ocean and Beijing’s attempts to exploit the weaker states in the region. While examining these factors, this article aptly analyses China’s threat perception which leads Beijing to galvanize its security implications. Also, the results emerging from this paper will elucidate on how small states like Sri Lanka and the Maldives are likely to become the phony states in the security cauldron of South Asia.

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Changes in Cognitive Capital in Eastern and Western Europe: Some Implications from School Assessment Studies

Changes in Cognitive Capital in Eastern and Western Europe: Some Implications from School Assessment Studies

Author(s): Edward Dutton / Language(s): Bulgarian Issue: 2/2024

The article presents an analysis of national differences in the relative increase or decrease in scores on PISA, TIMSS and PIRLS between the year 1995 and the year 2019. We found that former Eastern Bloc countries and former Soviet republics had significantly stronger growth in PISA scores from 2000 to 2018 when the lower, on average, starting levels of school and economic performance are taken into account. However, this finding could hardly be replicated in the case of TIMSS between 1995 and 2019 and PIRLS between 2001 and 2016. We examine possible reasons for this finding, such as differences in the relative decline in cognitive ability between countries, and we explore their implications with regard to where future centres of cognitive capital may be located.

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Experts’ Insights. The Western Balkans in the Mirror of the EU’s and Geopolitical Challenges

Experts’ Insights. The Western Balkans in the Mirror of the EU’s and Geopolitical Challenges

Author(s): Meglena Plugtschieva / Language(s): English Issue: 2/2024

Western Balkans (WB) encompass six countries: Serbia, Bosnia and Herzegovina (BiH), Kosovo, Montenegro (MNE), Albania and North Macedonia (WB6). Given the importance of the Balkans for the European Union (EU), particularly in the light of recent geopolitical developments, the importance of the Ukraine war looms into importance and turns into watershed for WB-EU relations. The focus is therefore on the impact of the Ukraine war, but also that of the European Parliament’s (EP) elections on the WB-EU relationship. The analysis of these relations extends into a modest forecast for future developments outlining two possible scenarios depending on the development of the EU itself: a renewed and strong EU with a focus on integration or continued stagnation and growing nationalism with increase of centrifugal tendencies. The EU has the chance and the key opportunity to bring a positive change in the Western Balkans through strategic decisions and cooperation, thereby securing its own stability and prosperity. This is a shared European interest, and failure to act could turn the Balkans from a “white spot” on the political map into a “black hole.” Western Balkans (WB) encompass six countries: Serbia, Bosnia and Herzegovina (BiH), Kosovo, Montenegro (MNE), Albania and North Macedonia (WB6). Given the importance of the Balkans for the European Union (EU), particularly in the light of recent geopolitical developments, the importance of the Ukraine war looms into importance and turns into watershed for WB-EU relations. The focus is therefore on the impact of the Ukraine war, but also that of the European Parliament’s (EP) elections on the WB-EU relationship. The analysis of these relations extends into a modest forecast for future developments outlining two possible scenarios depending on the development of the EU itself: a renewed and strong EU with a focus on integration or continued stagnation and growing nationalism with increase of centrifugal tendencies. The EU has the chance and the key opportunity to bring a positive change in the Western Balkans through strategic decisions and cooperation, thereby securing its own stability and prosperity. This is a shared European interest, and failure to act could turn the Balkans from a “white spot” on the political map into a “black hole”.

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SHOULD BULGARIA WAIT FOR 90% REAL CONVERGENCE BEFORE JOINING THE EUROZONE?

SHOULD BULGARIA WAIT FOR 90% REAL CONVERGENCE BEFORE JOINING THE EUROZONE?

Author(s): Georgi Ganev / Language(s): English Issue: 3/2024

In the lively public policy debate in Bulgaria on the country joining the Eurozone, a claim is being made that real convergence of at least 90% is a crucial precondition for joining and therefore Bulgaria should wait until the early 2040s, because only then it is expected to achieve such convergence. The claim is supported with theoretical arguments, empirical evidence and forecasts. Here they are examined in some detail in the context of Bulgaria’s unique position as a country in the EU with a Currency board regime anchored in the euro. It is concluded that economic theory does not pose a requirement for any level of real convergence for an economic area to join a monetary union. In theory, problems due to a less-rich country joining a more affluent monetary union may, but also may not, cause problems such as excess inflation or amplified business cycle. It is also concluded that neither the claim that there exists a convergence threshold of 90% of real income per capita, nor the claim that Bulgaria will necessarily need at least two decades to reach it can withstand even most elementary checks for empirical robustness. Both the theoretical and the empirical claims that Bulgaria should wait for a 90% real convergence until at least the early 2040s before joining the Eurozone are found to have no real economic foundation.

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SOME MISCONCEPTIONS THAT HINDER THE DEVELOPMENT OF YOUNG PEOPLE FOR FULL AND MEANINGFUL YOUTH PARTICIPATION

SOME MISCONCEPTIONS THAT HINDER THE DEVELOPMENT OF YOUNG PEOPLE FOR FULL AND MEANINGFUL YOUTH PARTICIPATION

Author(s): Liliya Elenkova / Language(s): English Issue: 3/2024

The article is dedicated to some misconceptions that modern society and its systems create among young people and how this affects their active and meaningful participation. The research interest was provoked by a series of observations while the author works with young people as a youth worker, researcher and lecturer in the field of youth policy. This experience outlined the mix use of certain notions that are indicative about confusions either at the level of the terminology or rather is a manifestation of deficit of knowledge of youth policies as public policies. The study takes active and meaningful youth participation as its object, and the various contemporary misconceptions of the mentioned below aspects and their respective impact as its subject of study. Its main goal is to clarify and harmonize the understanding of key issues that today's society constantly raises and to discuss how misconceptions directly affect and influence, most negatively, active and meaningful youth participation. This will improve the understanding of the role of the younger generation in various processes, as well as improve intergenerational dialogue and create a better environment for the development of teams, organizations and communities and their management.

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СТРАТЕГИЧЕСКИЯТ ПОДХОД ВЪВ ФИНАНСОВАТА СИГУРНОСТ

СТРАТЕГИЧЕСКИЯТ ПОДХОД ВЪВ ФИНАНСОВАТА СИГУРНОСТ

Author(s): Nedko Krumov / Language(s): Bulgarian Issue: 3/2024

This article examines the role of the strategic approach in financial security. Its effective implementation is the basis for effective national policies in a number of other sectors. In the absence of such an approach, there will be not only missed benefits, but also inefficient administrative processes and practices. An example is the negative impact of corruption on the possibility of introducing appropriate environmental policies to limit the negative effects of anthropogenic climate change. In the absence of a strategic approach, most activities are reactive and are implemented as a result of international requirements. Such an example in Bulgaria are the measures aimed at improving the system for preventing and countering money laundering and terrorist financing.

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A Bibliometric Analysis of a Four-Construct Framework: Transformational Leadership, Employee Engagement, Well-Being and Burnout

Author(s): Florina Vintila / Language(s): English Issue: 3/2023

The year 2020 forever altered the nature of labor, affecting every individual and organization on the planet. Remote work has provided some individuals with new employment prospects, more time with their families, and the choice of whether or not to commute. However, this has created new issues, as teams have grown more compartmentalized, and digital tiredness has become a serious threat. The purpose of this research is to offer an overview of the relationships between four main constructs, namely transformational leadership, employee engagement, wellbeing versus burnout via the employment of a bibliometric analysis using VOSviewer. In addition, the future goal – as derived from an in-depth study of the relevant literature - is to determine whether and to what extent the leadership style effects employee engagement, as well as their wellbeing versus burnout. The examination is designed to take place in the context of firms operating in hybrid work environments, mixing online and on-site work as well as contacts with coworkers and leadership. The primary premise is that the leadership style has a substantial impact on employee engagement and well-being, or burnout if they are not aligned with the present work issues.

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Vulnerabilities of Smart Cities Development in a Context
of Uncertainty at European Level

Vulnerabilities of Smart Cities Development in a Context of Uncertainty at European Level

Author(s): Laurentiu-Nicolae PRICOPE,Alina MECA,Monica Laura ZLATI / Language(s): English Issue: 5/2023

The current context for the development of smart cities is affected by the economic and social uncertainties generated by the multiple crises that are manifesting themselves in the European space both through the declining geopolitical conflict and the economic recession that the European Union is going through. We aim to conduct a study on smart city vulnerabilities in the current context of uncertainty in order to identify the contribution of smart governance components to increase social welfare. We will also develop a regression model of social welfare for smart cities using empirical and econometric methods (multiple linear regression). The results of the study will highlight the level of smart city development of 10 European regions (Bulgaria, Denmark, France, Germany, Hungary, the Netherlands, Poland, Romania, Sweden, and the EU27 average) over the period 2012-2021. The results will be useful for national decision-makers to improve public policies related to smart city development in Europe.

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СТРАТЕГИИ ЗА ЗАДЪРЖАНЕ НА ТАЛАНТЛИВИТЕ СЛУЖИТЕЛИ В ОРГАНИЗАЦИЯТА

СТРАТЕГИИ ЗА ЗАДЪРЖАНЕ НА ТАЛАНТЛИВИТЕ СЛУЖИТЕЛИ В ОРГАНИЗАЦИЯТА

Author(s): Galina Kurteva / Language(s): Bulgarian Issue: 02 BG/2024

As the economy evolves in the 21st century, organizations increasingly need skilled human resources that have the knowledge, capacity and motivation to contribute to the realization of organizational goals. Therefore, the question of attracting qualified and competent employees requires an effort on the part of organisations to offer a working environment that creates the conditions for good employees to develop their potential and, in this sense, satisfies their requirements. This is one of many factors in retaining talented employees. This paper discusses some possible managerial influences on individual talent work behaviour in the organisation.

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