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  Comparative Analysis for Structural Changes in Export and Import of Bulgaria for the Period 1992-2009

  After 1989, in the Economy of Bulgaria a number of transformations were made, leading to significant economic reforms. The change in the organization of economic processes, the opening of the country to the world and the ability to access international markets, caused both structural changes in production and foreign trade. Commodity structure of ... After 1989, in the Economy of Bulgaria a number of transformations were made, leading to significant economic reforms. The change in the organization of economic processes, the opening of the country to the world and the ability to access international markets, caused both structural changes in production and foreign trade. Commodity structure of foreign trade is a reflection of the status and structure of the national economy. The article examined the foreign trade structure and dynamics of the general measurers of structural changes for the period 1992-2009. The study includes the establishment of changes in export and import structure and monitoring of trends in summary measures of structural changes. The survey results show that: compared with 1992, there are significant changes in the export structure; predicting of the dynamics of structural change in export and import is risky because of diverse change in 2007, 2008 and 2009; the foreign trade and its structure are important factors that determine both the direction and pace of development of national economy.

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  Some Aspects of Credit Policy of Banks in Bulgaria in the Current Economic Crisis

  Credit is one of the oldest, but also one of the most complex business functions of commercial banks, which largely determines the social status of these institutions. Lately, lending is seen as a 'package' of banking services. Meanwhile numerous and complex social relations occur during the credit transactions.... Credit is one of the oldest, but also one of the most complex business functions of commercial banks, which largely determines the social status of these institutions. Lately, lending is seen as a 'package' of banking services. Meanwhile numerous and complex social relations occur during the credit transactions.

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  Human Action, Part Six, Chapter XXVII. The Government and the Market

  Private ownership of the means of production (market economy or capitalism) and public ownership of the means of production (socialism or communism or "planning") can be neatly distinguished. Each of these two systems of society's economic organization is open to a precise and unambiguous description and definition. They can never be confounded ... Private ownership of the means of production (market economy or capitalism) and public ownership of the means of production (socialism or communism or "planning") can be neatly distinguished. Each of these two systems of society's economic organization is open to a precise and unambiguous description and definition. They can never be confounded with one another; they cannot be mixed or combined; no gradual transition leads from one of them to the other; they are mutually incompatible.