Economic Archive

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  Divergence and Convergence in Global Development

  From a conceptual point of view, this research is dedicated to one of the most disputed problems in the methodology of contemporary intersystem transformations – systematic balance ambiguity, or the “divergence – convergence of global development.” From a compositional point of view, research on this topic has consisted of two main directions: (1) ... From a conceptual point of view, this research is dedicated to one of the most disputed problems in the methodology of contemporary intersystem transformations – systematic balance ambiguity, or the “divergence – convergence of global development.” From a compositional point of view, research on this topic has consisted of two main directions: (1) an analysis of global development asymmetry that has activated gravitational processes in geoeconomic space; and (2) a direction that focuses on the profound study of the causes for heterogeneity in geo-economic space and divergence in global development under the influence of gravitational factors of nature on the endog-enous-exogenous axis. Empirical analyses have revealed systemic determinants of gravitational processes in geo-economic space, a geo-strategic matrix of divergence in global development has been constructed, and Ukrainian geo-strategic positions in geo-economic space regarding the projection of problems in global intersystem transformations have been outlined. The hypothesis that the level of gravitational charge grows under conditions involving the deepening of global development asymmetries has been proved.

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  Nature and Mechanisms of State Fiscal Policy

  This article investigates the points of view of outstanding scientists-economists on the role and place of fiscal policy in the state. It is devoted to the different approaches and to the interpretation of finance and financial science in Western and former Soviet states. The structure of the mechanism of fiscal policy is proposed. Also the use of ... This article investigates the points of view of outstanding scientists-economists on the role and place of fiscal policy in the state. It is devoted to the different approaches and to the interpretation of finance and financial science in Western and former Soviet states. The structure of the mechanism of fiscal policy is proposed. Also the use of macroeconomic regulation financial instruments is argued for.

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  Possibilities for Improving the Mechanism of Pensions’ Indexation for Employment in Bulgaria

  Upgrading (updating) pension payments is the process of adjusting their amount in accordance with the current parameters of the socioeconomic development of society in proportion to accumulated social security rights and using the correct set of principles, indicators, benchmarks, standards and mechanisms. Too often, however, achieving and ... Upgrading (updating) pension payments is the process of adjusting their amount in accordance with the current parameters of the socioeconomic development of society in proportion to accumulated social security rights and using the correct set of principles, indicators, benchmarks, standards and mechanisms. Too often, however, achieving and maintaining a desired level of income and standard of living for pensioners is considered only from the perspective of underlying social patterns, without considering the specifics of the accumulation and transformation of social rights in the actual pension payments. The purpose of this paper is to highlight some guidelines for improving the mechanism for updating pension payments in Bulgaria based on a comparative analysis of the practice of updating pensions in social security systems in some European countries.