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Plamen Petrov
The Agricultural Sector in Bulgaria - Convergence and Current Trends
Summary:
The specifics of the common agricultural policy in Europe and the reforms organized in the chronicle of the Bulgarian economy over the last 30 years require a rethinking of the market positions of economic agents, having their permanent presence in the agricultural business of the country. Despite the fact that the Operational Programs of the European Structural Funds have the character of a net donor for the strengthening of the industry during the two programming periods, there is still an underdeveloped potential for proper market orientation, weak convergence and competitive form to make it a monolithic foundation of economic reality, opposing the crisis effect of a number of other sectors.
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Aleksandar Lichev
The Long-Term Interest Rates for Convergence Purposes as Crises Indicator for the Eurozone
Summary:
The main aim of the survey is to develop critical point of view over the Maastricht convergence criteria for the Euro zone countries and to provide arguments in favor of the acceptance of the long-term interest rate for convergence purposes as a leading, market based indicator of the economic crises. The main subject of the research is the Euro zone, and the main topic respectively – long-term interest rate for convergence purposes within the Euro zone as a convergence criteria with major analytical importance for the process of building reliable prognoses and crises indicators. The structure of the article is divided in two main bodies. Firstly, it is introduce wide critical overview of leading scientific surveys in the area of Maastricht convergence criteria within the crises period (2008–2012) and secondly, applying of econometric analyses of the long-term interest rate for convergence purposes within Eurozone-12 for the purposes of discovering of crises
Indicators. As a result of the research it is proved that for the PIIGS group are available strong, market based evidences for forthcoming economic disturbances provided as a result of regression analyses of long-term interest rate of 10-yers debt securities for convergence purposes.
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Nikolay Nenovsky
About the Economic Convergence
Summary:
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Maya Tsoklinova
Degree of Differences in the Structure of Government Expenditure for the Provision of Collective Services Between EU-26 and Bulgaria
Summary:
The main goal of this article is to examine the differences in the structure of the expenditure of the “Central Gorvernment” sub-sector by functions of the classification of the functions of state government (COFOG) between the EU-26 and Bulgaria in the period 2007 - 2021 and, on this basis, to analyze the conducted public policies in the field of providing collective services for the benefit of society, aimed at increasing public welfare. To realize the set goal, an integral coefficient of structural differences is used. The obtained results indicate that during the analyzed period there are significant differences in the structure of certain expenditure by functions of the COFOG between the EU-26 and Bulgaria, which in turn is the reason for differentiation in the public policies implemented between the EU and Bulgaria.
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Magdalena Mosionek Schweda, Maciej Tokarski
The Absorption of the European Funds Granted to Poland for the Period 2007-2013 – Examples of Projects and Evaluation
Summary:
Poland was granted over ˆ 67.3 billion as the European aid for the years 2007-2013. It comprised almost 20% of the total amount earmarked for the cohesion policy of the European Union for the years 2007-2013. The funds were utilized by Polish enterprises, local governments, non-governmental institutions, farmers and other entities. The main aim of this article is to present the evaluation of use of the EU funds in Poland for the period 2007-2013. The analysis was based upon the statistics data published in Poland by the Ministry of Infrastructure and Development, Eurostat and the European Commission. The analysis of the sources on the subject as well as observations of the business practices allowed forming a thesis that Poland competently utilised the European funds for the years 2007-2013 and thereby benefited considerably. Nonetheless, despite the significant influence of the funds onto the GDP growth dynamics and the increase in the standard of living, in the overall view Polish economy has not gained much in the innovation aspect due to the fact that the financial resources acquired by the Polish companies from the subsidies were largely earmarked to purchase the already existing western technologies, thus, making them dependent upon the know-how of the huge western conglomerates – which must be disapprovingly assessed.