Issue 1, 2012

Three distinct periods can be outlined in Bulgaria’s most recent history: (1) 1990-1997; (2) 1997-2008 ; (3) after 2008. The particularities of these periods show up in the structures of the balance of payments too. The changes have become especially sensitive over the last period. There has been a reorientation in both domestic and external cross border capital flows. As a result the country’s economic problems have acquired substantially different dimensions. The study makes an attempt to find out the special features of these dimensions and reveal their nature and driving forces. The main conclusion is that the emerging and current economic problems are to a great degree the outcome of wrong domestic macroeconomic policies. Some suggestions how to overcome the present economic failures have been made.

JEL: E52; E65

This article examines the correlation between organizational and the functional structures on the one hand, and specific types of behaviour as a source of behavioural uncertainty on the other. It features the ten types of behaviour and its specific positive and negative forms. The article outlines the basic characteristics of insight, such as observation and analysis, that help to reveal a particular behaviour in advance. In this context, it defines the role and position of the manager in an organization, where, by using his insight, he can become a regulator of interpersonal relations. If we know the individuals, their respective behaviour and expected changes in their behaviour, we can make appropriate decisions concerning the management system.

JEL: D03; D22

A dialectic approach to the principles of tax neutrality is presented as opposed to the tax expenses – under the specific conditions of the transition period in Bulgaria up to now. Four main revenue sources are considered: personal income tax, corporate income tax, VAT and the aligned excise duties and the compulsory insurance contributions. The country's characteristic features are focused in view of the general theoretical requirements, such as the currency board, the privatization and the introduced individual income tax of the “flat” type, as well as the EU membership of Bulgaria. Some calculations and international comparisons are offered. Proposals are made on the improvement of the Bulgarian practice with generalizing conclusions.

JEL: H20; H24; H25

As EU member Bulgaria is committed to noxious emission reduction, minimum share of renewable energy sources (RES) and decreasing the energy intensity. Therefore the energy sector development and the environment protection should be closely coordinated and interrelated. The sector should become environmentally friendly. The essence of greening is elucidated. The article is trying to focus the attention on some problems of ecological management in the energy sector and options for settling them.

JEL: P48; Q42

It is early November. D. A. Tsenov Academy of Economics celebrates its patron’s holiday as it does every year. However that was a special year of festivities since they marked the school’s 75th birthday. The outstanding anniversary was highlighted by numerous events and culminated in the International Jubilee Scientific Conference that was held under the heading “Economy and Management in the 21st Century – Decisions for Stability and Growth”.