2022, Issue 1

Over the past 10 years, the connectivity of transmission systems has begun to develop not only between European countries but also with countries outside the European Union. Until a few years ago, the ties between these countries were single and bilateral without systematic coordination.

In recent years, the number of these interconnectors, coordinated by the European Network of Transmission System Operators for Electricity, has increased. This development makes it possible to meet…

The European Union (EU) aims to be a world leader in the fight against climate change and in this regard seeks to achieve the objectives in agreement with the United Nations Framework Convention on Climate Change (COP 21) in Paris, while ensuring clean energy throughout the Union.

The subject of this article is an analysis of the technological implementation of these goals in terms of investments in the Bulgarian energy sector and the resulting disproportions. An analysis of the results…

The study analyses Bulgarian currency board and emphasis on the reasons why it has been introduced, the differences with the orthodox currency board, as well as the results that have been achieved. A number of indicators present the currency board effectiveness. Despite the fact that it brought stability and confidence this monetary regime should be seen as temporary and transitional which has been leading Bulgaria to a successful eurozone entry. The Bulgarian currency board is compared to Estonian…

The study aims to analyze the costs, benefits and effects for Bulgaria of joining the euro area. On one hand there are risks for Bulgaria of adopting the euro. The study presents how other countries that have already adopted the euro overcome some of these risks. On the other hand, there are a lot of benefits of joining the euro area. The most substantial are: access to the ECB's monetary policy instruments, improving the country's credit rating, reducing the risk premium, and hence increasing…

International production networks can be described along three key dimensions: the degree of fragmentation and the length of value chains (short to long), the geographical spread of value added (concentrated to distributed), and the governance choices of MNEs that determine the prevalence of arm's-length trade, NEMs and FDI. Several archetypical configurations can be identified for the industries that account for the lion's share of global trade and investment.

The purpose of this article is to present and analyze some problems in assessing the value of enterprises by conducting an analytical review of the Bulgarian scientific literature indexed in the scientific database Google Scholar. The review covers the period until the end of May 2022. Methodologically, the review uses a systematic approach and the methods of induction and deduction. It is based on eight scientific publications that correspond to the researched topic. The results of the review…

This article presents the results of a systematic review of the Bulgarian scientific literature, indexed in the scientific database Google Scholar until the end of 2021, on the problem of determining the weighting coefficients when assessing the value of enterprises. The review used a structured approach and was based on the PRISMA methodology. The review is based on eight scientific publications that correspond to the research topic. The results of the review show that the topic is current,…