Economics 21

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  PRIVATE BANKING AND WEALTH MANAGEMENT BETWEEN OPPORTUNITIES AND THREATS

  Opportunities for banks in the sphere of private banking & wealth management have been continuously multiplying under the influence of the rapid accumulation and concentration of capital on a global scale and the predicted colossal transfer of wealth between generations. Yet, in order to consolidate their leading position in the industry in ... Opportunities for banks in the sphere of private banking & wealth management have been continuously multiplying under the influence of the rapid accumulation and concentration of capital on a global scale and the predicted colossal transfer of wealth between generations. Yet, in order to consolidate their leading position in the industry in today’s complex, dynamic and turbulent environment, banks need to adopt totally different solutions and overcome a number of barriers. Their response to the challenges posed by the ‘invasion’ of new players on the market and to the urgent need to change the profile of financial advisors is of paramount importance.

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  INFRASTRUCTURE CHARGES LEVIED IN AIR TRANSPORTION – CURRENT ISSUES AND PERSPECTIVES

  The paper reviews the progress achieved so far in terms of applying the major principles of levying infrastructure charges in air transportation by analysing the charge rates in the country for access to airports and for air navigation services. It also comments on some problems arising in result of applying the current charge rates and suggests ... The paper reviews the progress achieved so far in terms of applying the major principles of levying infrastructure charges in air transportation by analysing the charge rates in the country for access to airports and for air navigation services. It also comments on some problems arising in result of applying the current charge rates and suggests possible solutions. The author of the paper conducts a SWOT analysis that summarises the opportunities for improving charge rates and the immediate benefits which could be obtained as a result of using those opportunities in applying infrastructure charges in air transportation.

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  STRUCTURAL CHANGES IN GROSS VALUE ADDED AND THEIR RELATION TO THE ECONOMIC GROWTH OF BULGARIA IN THE PERIOD 1997-2017

  The changes in the sectoral composition of the economy reflect many processes and are an accurate indicator of the nature and rate of economic development of the state. What is more, sectoral structure is important for the analysis of economic development rate and the patterns and the increase in the productivity of all economic ... The changes in the sectoral composition of the economy reflect many processes and are an accurate indicator of the nature and rate of economic development of the state. What is more, sectoral structure is important for the analysis of economic development rate and the patterns and the increase in the productivity of all economic activities. Sectoral changes are important due to their role in the production pro-cess and the different labour productivity of different economic sectors and activities. Hence, the assessment and the use of the opportunities for accelerated development of the different sectors can contribute significantly to the economic growth and the increase of labour productivity.