"Scientific research" Almanac

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  COMPARATIVE ANALISYS OF THE BULGARIAN AND ROMANIAN EXTERNAL SECTORS

  Being an area of free movement of “people, goods and capital”, EU gives both Bulgaria and Romania opportunities to improve their access to markets, as well as to attract more foreign direct and portfolio investments. The global economic crisis, that began two years after the two countries’ full EU accession, is likely to discontinue these ... Being an area of free movement of “people, goods and capital”, EU gives both Bulgaria and Romania opportunities to improve their access to markets, as well as to attract more foreign direct and portfolio investments. The global economic crisis, that began two years after the two countries’ full EU accession, is likely to discontinue these advantages and to pose serious hardships to the ability of their economies to function in a crisis and reduced cash flows. The project “Comparative analisys of the Bulgarian and Romanian external sectors” is focused on studying the trends in the balance of payment of the two countries and its components in the light of Euro membership and under the conditions of an economic crisis. Its scope includes the key specifics of trade and capital flows as well as the correlations between them. The views on balancing the external sector are generalized and tools are identified to assess the trends in the balance of payment.

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  VOLATILITY OF CORRELATIONS BETWEEN MACROECONOMIC INDICATORS IN THE SYSTEM OF NATIONAL ACCOUNTS (2000-2011)

  This study aims to prove that not only macro indicators, but also the correlations between them should be used as main macroeconomic indicators since being relative quantities they have richer content and create more favourable opportunities for using them in the macroeconomic analysis, modeling and forecasting of socio-economic phenomena and ... This study aims to prove that not only macro indicators, but also the correlations between them should be used as main macroeconomic indicators since being relative quantities they have richer content and create more favourable opportunities for using them in the macroeconomic analysis, modeling and forecasting of socio-economic phenomena and processes. The main purpose of this study is to examine the correlations between macroeconomic indicators which are associated with drops, recovery, upsurge and peaks of economic development. In this context, the object of the study is focused on the volatility of these correlations in the period 2000-2011, and its impact on the country’s economic development. The results prove our thesis and indicate more intense volatility, which is caused by the world economical crisis.

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  CONTEMPORARY ASPECTS OF INDUSTRIAL POLICY

  The industrial policy in the European Union is developing both in the context of improving the regulations and in restructuring the sectors, especially that of industry in order to enhance competitiveness and to support investment and employment. The key question that the industrial policy raises is what has to be done to help businesses and ... The industrial policy in the European Union is developing both in the context of improving the regulations and in restructuring the sectors, especially that of industry in order to enhance competitiveness and to support investment and employment. The key question that the industrial policy raises is what has to be done to help businesses and industry to be competitive in a volatile, turbulent global market. The aim of this study is to analyze the industrial policy conducted so far in our country, and based on extensive theoretical and practical studies to derive reliable indicators for its monitoring and analysis. The objectives of the study are to generalize and systematize the theoretical formulations regarding what policy, policy levels, industry and industrial policy are, and to analyze the advantages and disadvantages of the existing indicators of industrial policy assessment. The findings of the research are aimed at evaluating industrial policy and justifying its trends.