"Scientific research" Almanac

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  MODELING DEBT CAPACITY OF MUNICIPALITIES UNDER THE CONDITIONS OF FISCAL DECENTRALIZATION

  The main aim of this paper is to investigate the debt capacity of the Bulgarian municipalities as an area of the municipality finance, requiring decision-making based on modern methodology. Those decisions are exceeding the traditional one year planning horizon. With the introduction of the multy-year models for budgeting and analyses of the ... The main aim of this paper is to investigate the debt capacity of the Bulgarian municipalities as an area of the municipality finance, requiring decision-making based on modern methodology. Those decisions are exceeding the traditional one year planning horizon. With the introduction of the multy-year models for budgeting and analyses of the capacity of municipalities’ debt issue it is allowed to consider with the unique characteristics of the municipality debt-issuer. Such approach enlarges the capabilities in front of the municipal financial management. Therefore it is confirmed that Bulgarian municipalities are able to maximize the effects of absorption of operating programs funds through development of the capacity of co-finance, including debt issue. Such policy could be introduced in borders, guarantying acceptable debt services under the conditions of various, multiyear scenarios for the development of the local community under the condition of fiscal decentralization.

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  STUDY OF ENVIRONMENTAL EQUILIBRIUM MOUNTAIN AREAS (ALONG THE LINES OF SAMOKOV MUNICIPALITY)

  Interdependence between humanity and nature requires rejection of the traditional option, namely, a high maximum and prosperity through the predatory use of natural resources to depletion, pollution and intensive damage to the environment with products of civilization. Must be recognized and accepted as the only possible, reasonable and ... Interdependence between humanity and nature requires rejection of the traditional option, namely, a high maximum and prosperity through the predatory use of natural resources to depletion, pollution and intensive damage to the environment with products of civilization. Must be recognized and accepted as the only possible, reasonable and appropriate option ecological morality associated with moderate prosperity in complying with environmental consequences in mind for future generations. In the Bulgarian theory of ecology, yet there is insufficient research on the results of the direct exploitation of biological resources in mountain areas, which affects in an uneven degree ecosystems, habitats and taxa. Research has been conducted and identify opportunities to integrate activities in mountain areas (Samokov municipality) associated with environmental and business activities in these areas and outlining the trends and ways to protect biodiversity in accordance with the principles of sustainable development.

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  RETROSPECT, DIAGNOSTICS AND PROGNOSIS OF GDP IN THE CONTEXT OF THE LISBON STRATEGY

  The research has a theoretical and practical aspect, it also has an applied character and it is focused on the realistic picture of the starting position of the Republic of Bulgaria on its way of the accelerated development in the context of the goals, resulting from the decisions of the Lisbon Strategy. GDP is the most important synthetic ... The research has a theoretical and practical aspect, it also has an applied character and it is focused on the realistic picture of the starting position of the Republic of Bulgaria on its way of the accelerated development in the context of the goals, resulting from the decisions of the Lisbon Strategy. GDP is the most important synthetic macroeconomic indicator, characterizing the effectiveness of the economic system’s functioning. GDP is strongly dependent on the productivity and the economic competitiveness. From this point of view any research of the GDP is a question of present interest and it is an expression of the desire to make some contribution to the Bulgarian nation’s ambition to be an equal partner in the European and the World institutions. We will try, on the basis of the research results, to outlay the priority aspects, which should be the basic aim of the Government authorities in the country in order to achieve evident positive turning point in the growth rate of GDP, as the basic aim is to increase these growth rates in order to gain on the European standards.