2020, Issue 1
Creation date: 16.7.2020
Content
The Significance of Liquidity and Indebtedness for the Financial State of Enterprises in Bulgaria
The topic of the levels of key indicators for liquidity and indebtedness of enterprises in the Bulgarian economy is particularly important and relevant in connection with their financial condition, mainly due to the lack of statistical information and analysis on the issue. The purpose of the article is to examine the changes in the state of these indicators and to provide summary information about their importance for the financial condition of the enterprise. The thesis that will be defended…
The Activity of Transnational Banks in the Russian Personal Loan Market
The Russian banking system is in constant state of motion trying to satisfy the changing needs of the market. Consumer lending in Russia is playing an important role and continuously developing and expanding for the recent time. The rapid volume increase of personal loans issued by banks was one of the key trends in 2018-2019. Growth rates were peaking in recent years, causing the concerns about a possible overheating in the market. As a result, the Central Bank of Russia took measures to limit…
Equity Control
Equity control is an up-to-date issue that is subject to various analyzes, studies and research by different specialists. This control object is specific in terms of its nature and content. Equity control, as a methodology and technology, differs as a control process in the public and non-public (sector), which gives relevance and importance to the study of this important economic object. The main purpose of this study is to present the methodology and technology of controlling the equity in…
The Economic Impact оf Pandemics
The 2019-2020 coronavirus pandemic has raised urgent questions about the economic impact of pandemics. Effects of pandemics throughout history have changed how economies and societies function. This article will discuss the economic consequences of the 1347-1353 Black Death, the 19181920 Influenza Pandemic, and the 2019-2020 Coronavirus Pandemic.
Competitive Advantages of Golden Sands Resort, Bulgaria on the German Emissive Market
Golden Sands resort as a successful tourist destination attracts thousands of tourists each year. A significant part of them are tourists from the F ederal Republic of Germany. The obj ect of study in the article are the positions of Golden Sands resort in relation to its main competitors - Sunny Beach resort, the seaside resort "Antalya", Turkey and the seaside resort "Sithonia", Greece. The subjects of research are the competitive advantages of Golden Sands resort compared to its main competitors…
Prudencial Requirements for Financial Systems and Subsequent Results of their Stress Testing
The paper tackles the problems related to the study of the Bulgarian banking experience for conducting stress tests of the banking system. The prudential requirements of banking supervision are analysed, the results of recent stress tests by Bulgarian banks are assessed. The quality review of assets which reflect the credit risk level of a particular bank asset is emphasised. Non-performing assets that do not carry the expected cash flow of banks are characterised. Important indicators such as "common…
Technological Synergy in New Product Development
This paper explores the impact of the technological synergy on the results of new product development. The view that prevails in the published research is that the companies, which possess more advanced technological capabilities, are more innovative, and thus are able to develop successful products. At the same time, researchers maintain that the understanding of what the capabilities in new product development originate from, is still limited. This paper presents results of plenty of research…
Internal and External Threats Monitoring in the Public and Private Sector
The management of each system requires timely and accurate identification of external and internal threats in both state and corporate contexts. This article seeks to list the major threats that always affect environment and which must be monitored, analyzed and evaluated by the management. Threat identification and assessment gives time to formulate and implement management policies for response, and ultimately ensures the flexibility of the system, which in turn guarantees the achievement of the…
Convergence of the GDP Expenditure Components in Bulgaria to the Eurozone
This paper analyzes the expenditure structure of Bulgaria's GDP by comparing it to that of the Eurozone and traces the presence or absence of convergence processes. In addition to the expenditure structure of GDP, the dynamics and relative importance of the individual expenditure components are studied and their independent convergence processes evaluated. The results show that the period up to 2008 is characterized by a tendency for increasing divergence, with net exports showing the strongest…
Distribution of Different Types of Innovation Among the Enterprises in the European Union Member States
This paper examines the distribution of the product, process, organizational and marketing innovations among the enterprises in the European Union Member States. The analysis conducted show that the different innovation activity areas of the companies in the EU countries are relatively equally represented, which is a positive trend in view of their complementary nature and different potential to increase the efficiency, competitiveness and export potential of the enterprises. Amore diverse distribution…
The Geoeconomic Importance of the Water Sector on the Regional Development of Bulgaria
This article is devoted to the geo-economic assessment of the state of the water sector in Bulgaria. The introductory part presents the problems of the water sector. The main problems of the water sector from the point of view of improvement of the, meso and micro level are presented in the exposition. Climate problems and their impact on available water resources have been analyzed. An analysis of the state of the water infrastructure at the level of planning regions and outlining the challenge…
Crisis Management
This article seeks to systematize the actions of all the complexity of the protection against emergency, as well as the organization of recovery in case of emergency situation. Preventive action is aimed at preparing adequately for the foreseeable threat with a written security concept, systematic control and vulnerability estimation, as well as on rules for rapid recovery activity in a crisis situation. Strategically, management combines annual planning, retention of dedicated resources, as well…