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Nadya Parpulova, Vladimir Zinoviev
Economic Alternatives for the Transport and Energy Sector in the Crisis with Energy Supplies
Summary:
Russia is a major energy and commodity producer. The current conflict in Ukraine escalates inflation to extreme levels causes a disruption and provokes high risks to global growth. Brent oil and natural gas prices spiked early in March before falling back, with Brent oil ending the month at $103 per barrel and European gas prices at ˆ121 per megawatt hour, up 33% and 55% respectively since the start of the year. The European Commission announced ambitious plans to reduce imports of gas from Russia by two-thirds before the end of the year via more diversification, energy efficiency and by accelerating investments in wind and solar power plants. Despite this ambition, the March EU summit in Versailles highlighted that there are few near-term alternatives to Russian gas and that reducing European dependency on Russian gas requires a long-term strategy.
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Iskren Tairov
Mobile Commerce and its Problems
Summary:
Mobile technologies bring sufficient benefits to business, which can be realized only if companies succeed to use them effectively. The present paper describes mobile technologies and their evolution as a premise for mobile commerce development in detail.
Object of study of this paper is mobile commerce in developed countries and in Bulgaria. The paper is focused on mobile commerce problems. The purpose of the paper is to recommend directions in solving mobile commerce issues on security.
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Nora Nikolaeva
Post-crisis or Back to the Future and Beyond
Summary:
The main goal of the article is to define the fundamental reasons due to which the world’s leading economy has fallen into the conditions of global crisis. The advantages of the philosophy of spiritual pragmatism are revealed in search of valuable foundations of the modern world. The article is considering the need of spiritual and valuable reincarnation and the possibilities of economic alternatives and a better thinking along this line. The latter have been represented through the prism of holistic approach.
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Radka Andasarova
Practical-Applied Model for the Recognition of Impairment Losses for Defaulted Exposures in Commercial Banks
Summary:
The Bulgarian banking system has the practice of determining the impairment losses, which is entirely built on the concepts of Ordinance No.9 of BNB, cancelled in April 2014. After its cancellation any bank credit institution must take action to establish a new policy for the recognition and measurement of their risk exposures and on these grounds to take action to determine the extent of devaluation for a credit risk. In connection with this, the parameter "defaulted exposure" can be used for the purposes of internal bank systems for the recognition and measurement of risk exposures in the decision for the recognition of impairment for credit risk. Defaulted exposure can be defined as an indicator of the level of risk that a bank can take, depending on the ability and desire of a borrower to meet their obligations on the debt. The defaulted exposure is equal to the carrying value of the exposure calculated by the applicable accounting standards.
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Blagovesta Nikolova
Trends in Contemporary Economic Forecasting
Summary:
This text attempts to outline some changes in the realm of economic forecasting within the context of a broader process of transformation in contemporary forecasting during the last few decades. The paper focuses on the following issues: the rise of technological forecasting; the advantages of long-term planning; the emergence of ‘alternative futures’ and global modeling; the normative considerations in economic forecasting; and some specific problems which need to be taken into consideration when making economic forecasts.
