Economic Archive

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  ECONOMIC WELFARE OF THE EUROPEAN UNION MEMBER STATES

  The article focuses on a comparison of the European Union member states in terms of their economic welfare. To this end, a selected array of indicators was used to group the member states through cluster analysis. The primary research objective is to determine whether these countries enhance their economic welfare positions over time or there is a ... The article focuses on a comparison of the European Union member states in terms of their economic welfare. To this end, a selected array of indicators was used to group the member states through cluster analysis. The primary research objective is to determine whether these countries enhance their economic welfare positions over time or there is a discernible trend of deterioration in this respect.

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  THE ROLE OF ONLINE-DISCLOSED VALUES FOR BUSINESS ORGANIZATIONS IN BULGARIA

  Successful positioning of business organizations in modern economic conditions requires appropriate disclosure in the virtual space of key strategic documents, one of which is company values. In this regard, the aim of the article is to identify and assess the role of the values disclosed online by organizations from different sectors of the ... Successful positioning of business organizations in modern economic conditions requires appropriate disclosure in the virtual space of key strategic documents, one of which is company values. In this regard, the aim of the article is to identify and assess the role of the values disclosed online by organizations from different sectors of the Bulgarian economy and to make recommendations for building a company value system in a dynamic, highly competitive and digitally dominated business environment. The tools used in the study include the determination of relative values, a comparative method and content analysis. The results of the study show that in most of the studied economic sectors, values, which in some cases are not accurately defined, do not take their rightful place as a basic strategic document in the system of the public culture of business organizations.

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  DOES TRADE DEVELOPMENT DEPEND ON ROAD NETWORK QUALITY?

  Market globalization today presumes a free movement of people, goods, and capitals, which, in turn, is intended to stimulate growth of various economic sectors and trade in particular. To this end, the development of a high-quality road infrastructure with large territorial coverage is an essential condition for the successful operation of any ... Market globalization today presumes a free movement of people, goods, and capitals, which, in turn, is intended to stimulate growth of various economic sectors and trade in particular. To this end, the development of a high-quality road infrastructure with large territorial coverage is an essential condition for the successful operation of any commercial enterprise. This study contributes to understanding how road network development affects the commercial activities of individual countries within the European Union. The correlation between domestic sales and road network length was assessed using official statistical data. The findings support the opinion that the coverage and level of development of transportation infrastructure strongly correlate with the increase of trade volumes although this relationship is manifested differently across its subsectors.