Dialog

Todor Todorov
On some Imperfections of the Gross Domestic Product Index
Keywords: gross domestic product (GDP), green gross domestic product, black gross domestic product, sustainable development, international comparisons, economic growth

Summary: The gross domestic product is the most widespread macroeconomic index, used for macroeconomic analysis and forecasting of economic growth. Despite all its merits it can hardly be considered a perfect indicator of economic growth and nation�s welfare. One of its disadvantages is that it doesn�t record the effects connected with the exhausting of natural resources or with the negative consequences of environment pollution. In this sense the article offers an algorithm for calculating �green GDP� and �black GDP�.
Hristina Atanasova
Specifics of Mutual Cooperation
JEL: K00, K2, K22

Keywords: cooperative, insurance, comparison

Summary: This article aims at delineating the specifics and the distinctions between mutual cooperative insurance societies, cooperatives (regulated by the general Cooperatives Act) and housing associations (regulated by the Housing Associations Act) by using benchmark analysis. This is achieved through following the historical development of the legal framework in the field.

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