Economic Archive

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  The Potential Effects of Political Manoeuvres on European Trade

  This research paper consists of three parts. Part one presents some essential, semantic and synonymous characteristics of the concept of “effect” and arrives at the conclusion that almost any effect stems from a certain theory related to some scientific field. Part two identifies applicable indicators for measuring the impact of political ... This research paper consists of three parts. Part one presents some essential, semantic and synonymous characteristics of the concept of “effect” and arrives at the conclusion that almost any effect stems from a certain theory related to some scientific field. Part two identifies applicable indicators for measuring the impact of political manoeuvres in European trade and presents a three-vector matrix which consists of political decisions, the size of countries, and indicators/effects. Part three specifies further the effects based on mutual sanctions, namely: the income effect, the boomerang effect, etc. and proposes three possible scenarios for recovering the architecture of European trade which has been developed over the last twenty-five years.

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  Issues Facing the European Union – a SWOT Analysis

  The new realities facing the European Union at the beginning of the XXI century placed it in an unpredictable situation of crisis, geopolitical conflict and overindebtedness. These conditions slowed the pace of development and led in fact to the economic slowdown in the European Union - with modest GDP growth in 2013 and low inflation. The ... The new realities facing the European Union at the beginning of the XXI century placed it in an unpredictable situation of crisis, geopolitical conflict and overindebtedness. These conditions slowed the pace of development and led in fact to the economic slowdown in the European Union - with modest GDP growth in 2013 and low inflation. The European Union has been facing a number of internal difficulties and many threats from the external environment. For this reason there is a need for analysis that takes into account both the internal state of the European Union and the external environment which was characterised by high complexity and dynamics in the period 2008 - 2014.

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  Adjusting Unemployment Benefits to the Economic Cycle

  As a socio-economic phenomenon, unemployment is intrinsic to any market economy. Unemployment benefits provide incomes to individuals who have lost their jobs and the possibility of bearing the severity of risk collectively. The generosity of unemployment benefits may affect the incentives for searching and accepting a job, as well as the duration ... As a socio-economic phenomenon, unemployment is intrinsic to any market economy. Unemployment benefits provide incomes to individuals who have lost their jobs and the possibility of bearing the severity of risk collectively. The generosity of unemployment benefits may affect the incentives for searching and accepting a job, as well as the duration of unemployment. They could therefore act as an inbuilt economic stabiliser which is adjusted to a particular economic cycle. The article aims to identify potential pros and cons and examine the extent to which unemployment benefits in Europe and Bulgaria successfully act as inbuilt automatic stabilisers.