The more the state "plans" the more difficult
planning becomes for the individual.
Friedrich von Hayek
planning becomes for the individual.
Friedrich von Hayek
Themes
Bulgarian Migration: Incentives and Constellations
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New IME Analysis: Bulgaria in International Rankings - 70 Reccomendations for Prosperity
We have selected the widest used international indexes which trace out the development of societies. The main goals of this analysis are to show where Bulgaria stands, to offer an overview of its improvement through the years, of the opportunities for reform, and to suggest recommendations which, if applied in practice, would bring about higher prosperity and standard of living, and would ease up the country’s efforts to handle the crisis.
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Subsidies and Tax Relief Harm Bulgarian Agriculture
In the last ten years, the share of the agricultural sector in GDP has decreased by five times, despite the sustained growth of the Bulgarian economy. This development is surprising given the active support to sector. Forms of supports to agricultural producers in the period 2001-2007 consist mainly of tax relief and subsidies totaling over 2.5 billion leva.
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EXPECTED LONG-TERM BUDGETARY BENEFITS TO ROMA EDUCATION (BULGARIA - 2007)
This analysis estimates the expected long-term benefits to investing into Roma education in Bulgaria. By budget benefits we envisage the direct financial benefits to the education to the national budget. The basic perception is that investing extra money into Roma education would pay off even in fiscal terms. In order to be successful, investments should take place in early childhood. Successful investments are also expensive, but if it is done the right way, such investments compensate the costs in terms of extra tax benefits in the future. This study looks at the expected budgetary benefits of a successful investment. However, it does not deal with how to achieve success.
Read the full artcile »
Read the full artcile »
New IME Analysis: Bulgaria in International Rankings - 70 Reccomendations for Prosperity
We have selected the widest used international indexes which trace out the development of societies. The main goals of this analysis are to show where Bulgaria stands, to offer an overview of its improvement through the years, of the opportunities for reform, and to suggest recommendations which, if applied in practice, would bring about higher prosperity and standard of living, and would ease up the country’s efforts to handle the crisis.
Read the full artcile »
Subsidies and Tax Relief Harm Bulgarian Agriculture
In the last ten years, the share of the agricultural sector in GDP has decreased by five times, despite the sustained growth of the Bulgarian economy. This development is surprising given the active support to sector. Forms of supports to agricultural producers in the period 2001-2007 consist mainly of tax relief and subsidies totaling over 2.5 billion leva.
Read the full artcile »
EXPECTED LONG-TERM BUDGETARY BENEFITS TO ROMA EDUCATION (BULGARIA - 2007)
This analysis estimates the expected long-term benefits to investing into Roma education in Bulgaria. By budget benefits we envisage the direct financial benefits to the education to the national budget. The basic perception is that investing extra money into Roma education would pay off even in fiscal terms. In order to be successful, investments should take place in early childhood. Successful investments are also expensive, but if it is done the right way, such investments compensate the costs in terms of extra tax benefits in the future. This study looks at the expected budgetary benefits of a successful investment. However, it does not deal with how to achieve success.
Read the full artcile »
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Economic Policy Review
BG Remittances
Part of disposable income in each country comes from funds earned in another country and sent or brought home. The difference between money received from abroad and paid to foreigners determines whether a country is a net exporter or importer of labor. As it could be expected, these flows have the largest positive values (as % of GDP) in less developed countries where emigration and seasonal employment in other countries are most significant*...
Part of disposable income in each country comes from funds earned in another country and sent or brought home. The difference between money received from abroad and paid to foreigners determines whether a country is a net exporter or importer of labor. As it could be expected, these flows have the largest positive values (as % of GDP) in less developed countries where emigration and seasonal employment in other countries are most significant*...
On Crafts or the Story of a Shoemaker
Imagine you are a shoemaker. You decide to open a small workshop and to earn your living through the best that you can do. You win customers and who reward your skills more often. You work hard, pay your taxes and your clients are satisfied. One day a group of strangers enters your workshop...
Imagine you are a shoemaker. You decide to open a small workshop and to earn your living through the best that you can do. You win customers and who reward your skills more often. You work hard, pay your taxes and your clients are satisfied. One day a group of strangers enters your workshop...
Bulgaria – The Country with Two Faces
Undoubtedly, this week was marked by the passions around Rumyana Jeleva’s hearing at the European Parliament. The general conclusion among the media and the public was that the incident is yet another shameful stain on the reputation of Bulgaria to Europe and worldwide. This is not far from the truth. Yes, it is required to disclose all information in her declaration of property until she was MEP and it was not done. A rule – broken...
Undoubtedly, this week was marked by the passions around Rumyana Jeleva’s hearing at the European Parliament. The general conclusion among the media and the public was that the incident is yet another shameful stain on the reputation of Bulgaria to Europe and worldwide. This is not far from the truth. Yes, it is required to disclose all information in her declaration of property until she was MEP and it was not done. A rule – broken...
Since the begining of the year
Bulgarian government spent (in leva)
Recent Studies