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Privatization for the city’s litter
Things are very often simpler than they appear to be. When we hear how public institutions must regulate and limit freedom, because the market is failing, it is recommendable to decide whether it really comes down to “market” or “state” failure. In the case of collection, transportation and containing the city litter it comes do...
Ceased European funds – good news for the Bulgarian taxpayer
Every contraction of state expenditure must be considered positive. Thus, the financial resource will remain in the private sector and will therefore be allocated toward more beneficial uses. In this line of thoughts, the ceasing of the EU funds ISPA and PHARE for Bulgaria are good news for European taxpayers, including Bulgaria...
Investment deflation – good time for savers
There is no solid argument for the economic analysis to be based solely on changes in consumer prices. In other words, the popular notion for inflation is just one of the possible indices, reporting change in end prices of a particular, although relatively broad, basket of goods and services. From the single household standpoint...
Economic aspects of road accidents
Besides the purely human tragedy road accidents have yet another dimension – they are deadweight loss. In the Bulgarian society however the debate on economic consequences of road accidents seems completely understated. And these consequences are not to be underestimated. Besides direct material costs expenses, induced by road ...
The global crisis as a test for the banking system in Bulgaria
The global financial crisis that started from the housing market in the US put up new challenges before the world banking system. Many of the largest credit institutions in the world reported substantial losses from their exposition toward risky assets. The capitalization of some the largest banks in Europe and America contracte...
Energy policy debate – thus far not considering macroeconomic facts
Several things must be considered when making energy policy.First, market is working. When a particular good becomes relatively scarcer price rise which restricts consumption. This is exactly what is happening on the single European market regarding oil products’ consumption – for the period 2001-2006 it remains unchanged despit...
Hard landing is unlikely for the Bulgarian economy
With respect to the forecasts of slowing growth the Bulgarian economy continues to expand at stable rates. And despite pessimistic expectations of some analysts, especially in the context of the current problems of the three Baltic economies (Estonia, Lithuania and Latvia) hard landing for Bulgaria remains for now unlikely. Fact...
Economic approach to problems in the Ministry of interior
Part of the political assignment before the minister is the prioritizing of the important things, which have to be conveyed, including reduction of the expenses for actions, which are of significant public benefit. Thus for example, the fight with organized crime must be conveyed at another foundation, not pursuing, i.e. engagin...

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