Year 2013, Issue 1
Date published19.3.2013
Table of content
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Velichko Adamov
Anatomy of capital provision of investmentsKeywords: provision of capital, investments, balance sheet, statement of income and expenditure, financial statements of companies, long-term capital, short-term investmentsSummary: provision of investments requires serious financial revision of the balance sheet and the statement of income. In this respect, what is justified in this article is the need for structuring and designing a financial statement of the companies, which gives the major indicators, necessary for efficient financial provision and man ... ... Capital provision of investments requires serious financial revision of the balance sheet and the statement of income. In this respect, what is justified in this article is the need for structuring and designing a financial statement of the companies, which gives the major indicators, necessary for efficient financial provision and management of investments. A critical analysis of the minimal financial balance has been made and the need for using actual financial equilibrium has been proved. In this way, sound company management is impossible without the constant provision of long-term capital for financing a part of short-term investments. -
Danail Vrachovski
Multi-fund organization of supplementary pensionSummary: icle is an attempt to study the major issues related to the multi-fund organisation of the pension insurance system in Chile as a social protection model. In a strategic and hypothetical aspect the article reviews, the advantages and disadvantages which may accompany the introduction of the multi-fund system in Bulgaria. The maj ... ... The article is an attempt to study the major issues related to the multi-fund organisation of the pension insurance system in Chile as a social protection model. In a strategic and hypothetical aspect the article reviews, the advantages and disadvantages which may accompany the introduction of the multi-fund system in Bulgaria. The major conclusions regarding the pension model in Bulgaria are related to the opportunities ensuring funds for the supplementary pension insurance at the stages of accumulation and payment of pension benefits. -
Tanya Gorcheva
State and problems of Bulgarian tourism products on the European marketSummary: icle analyses the state of tourism products and services related to destination Bulgaria. This objective is achieved by applying situation analysis which reveals the market positions occupied by Bulgarian tourism products in Europe. The object of research is the nature and characteristics of offering while the subject is connect ... ... The article analyses the state of tourism products and services related to destination Bulgaria. This objective is achieved by applying situation analysis which reveals the market positions occupied by Bulgarian tourism products in Europe. The object of research is the nature and characteristics of offering while the subject is connected to the “demand – supply” relation of tourism products for destination Bulgaria within the context of the various problems of tourism business in the country. The article also outlines the possibilities for success based on a critical analysis of results achieved for the period 2001 – 2011 by discussing issues such as the nature and structure of Bulgarian tourism product; the nature of offering of emitting markets important for destination Bulgaria; specific characteristics of offering with regard to tourist packages for organized trips to our country. -
V. Stoyanov
Tax Sovereignty, State Budget, Fiscal Discipline (from an expert and cultural studies viewpoint)Summary: ee concepts in the title of this article are fundamental to finance in general and to public finances in particular. Throughout their three-century history they have undergone an evolution that can also be assessed as negative. The purpose of this article is three-fold: first, to present the classical definition of these three ... ... The three concepts in the title of this article are fundamental to finance in general and to public finances in particular. Throughout their three-century history they have undergone an evolution that can also be assessed as negative. The purpose of this article is three-fold: first, to present the classical definition of these three concepts, second, to reveal the negative deviations from their classical definition, role, and importance and third, to justify the necessity and the expediency to revive their classical dimensions. As public finances in general, and their three categories, subject to examination and comment in this article have not only purely fiscal, but also political and socio-cultural dimensions, we pay the due attention to them, too. As far as all three studied and discussed financial categories are legally regulated, we wish to emphasize the recommendation of Aristotle about persistence of the law because "the easy alteration of existing laws in favor of new and different ones weakens the power of law itself”. -
E. Chengelova
A holistic approach to examining the shadow economyJEL: E26Keywords: shadow economy, holistic approach, research strategies for researching informal activities.Summary: icle provides a brief retrospection of the methods which are applied within the framework of various paradigm approaches for studying and explaining shadow economy practices in Europe and worldwide. The author offers and explains an original methodology for researching shadow economy, based on her experience with one of the Bulg ... ... The article provides a brief retrospection of the methods which are applied within the framework of various paradigm approaches for studying and explaining shadow economy practices in Europe and worldwide. The author offers and explains an original methodology for researching shadow economy, based on her experience with one of the Bulgarian teams working in the sphere of measuring illegal economic activities. The article proves that due to the complex and controversial nature of informal economic activities examining them requires the application of a holistic method. For this reason a combined research strategy has been developed. It uses a unified definition of shadow economy and is realized through a system of related sociological surveys while the primary, raw information is obtained through qualitative and quantitative methods. The overall conclusion resulting from the applied research strategy is that the study of shadow economy with the help of sociological approaches is methodologically consistent and constructive – both with respect to obtaining knowledge and the possibilities for developing and correcting national policies.