IME Alternative “Low Taxes” Budget 2014
IME / 05.12.2013 / Issue 94
For more than 10 years IME has been presenting an alternative state budget with low taxes. Our aim is to show that it is possible to have an alternative fiscal policy, which relies on structural reforms and growth, rather than simple redistribution and spending of public resources. The Alternative budget for 2014 focuses on decentralization and regional development, reforms in the healthcare and pension systems, reductions in the administration size and improvement of its efficiency. The alternative to the state budget abandons the deficit spending and the accumulation of new debt and relies on a balanced budget.
The Labor Market Keeps Struggling - Regional Perspective
Yavor Aleksiev & Borislav Tonchev / 05.12.2013 / Issue 94
In the third quarter of 2013 the number of employed people decreased slightly on an annual basis after two consecutive quarters of growth in the first half of the year. In June-August 2013 the employees are 5000 less than in the same period in 2012. However, in most districts (16 out of 28) there is an increase in the number of the employees on an annual basis.
Milton Friedman and the freedom of choice
On July 31, 2013 IME joined the „Friedman Legacy for Freedom Day 2013” worldwide initiative and organized a special event, dedicated to the 101th Anniversary of the popular and influential economist Milton Friedman.
IME Publication: "Regional Profiles: Indicators of Development 2013"
IME / 05.12.2013 / Issue 94
The study "Regional Profiles: Indicators of Development 2013" (Bulgarian version) presents the social and economic development of bulgarian districts. The study is based on 58 indicators, divided into eight categories: Economy, Administration and Taxes, Infrastructure, Demography, Education, Healthcare, Environment and Social Environment. A seperate profile of each of the districts can be found on our webpage:
Summer Seminar „Europe & Liberty” (21-27 July, 2013)
The Summer Seminar “Europe& Liberty” was held in Bansko between July 21 and July 27, 2013. This workshop was organized by the Institute for Market Economics (IME) and the Institute for Economic Studies (IES- Europe). It was financed by The Friedrich-Naumann Stiftung für die Freiheit and individual sponsors.
IME Analysis: “Excise Taxation of Tobacco Products in Bulgaria – Review and Recommendations”
05.12.2013 / Issue 94
After EU accession Bulgaria was faced with the challenge to harmonize its excise policy with regard to tobacco products and to reach the minimum level of excise duties on tobacco products, as laid down in the respective EU Directive, until the beginning of 2010. In 2007 prices of cigarettes in Bulgaria (weighted average price) were actually lower than the nominal requirement for minimum excise duty in the EU (64 euro per 1000 cigarettes), which illustrates the tough task that our country faced. More specifically, Bulgaria was set to increase excise duties, respectively prices substantially, without distorting the market and avoiding any negative effects for the budget.