Issue 4, 2016

The paper provides an economic interpretation of the assessments of the level of competitiveness of the Bulgarian economy presented in official international studies. The key factors for the competitiveness of the Bulgarian economy have been analyzed. They are ranked in comparison with other countries. The dynamics of these factors are traced before and after the economic crisis. Special attention is paid to the impact of the geoeconomic factor on the comparative economic competitiveness – what is the geoeconomics specificity and what impact has on the economic development of Bulgaria. Some conclusions about the Bulgarian competitiveness are made based on the results of the study; pointing out certain opportunities for increase.
JEL: O49; O57

The article reveals the characteristics and problems of distribution and customer service in manufacturing companies in Bulgaria and outlines the prospects for their improvement. An analysis is carried out of different dimensions of these areas using indicators calculated on the basis of empirical data. The impact of company size on distribution and customer service is examined and those practices that are positively related to competitiveness are brought out. The study finds out that manufacturing companies in Bulgaria generally apply the world practices in distribution and customer service but there is some lag in definite areas. It is necessary for small and medium companies to make improvements directed towards the development of a logistics strategy consistent with products and markets, the formulation and implementation of a distribution policy offering differentiated service for different groups of customers with the aim to optimize costs.
JEL: M110; M190

The tax revenue of the Republic of Bulgaria has been analyzed in terms of consumer tax system. Two sub-periods have been covered - at economic growth and at crisis. The results show that in the first case, the revenues from indirect and direct taxes form the necessary budget funds, as in the second case - they are insufficient. There are prerequisites for increasing the national debt as a result of lower tax revenues in terms of crisis.
JEL: H 24; H25; H63

Financial crises in the period 2007-2011 put to a serious test the new neoclassical synthesis (NNS) and the sparked sharp criticism by both neoclassical school and the new Keynesians. The idea for dynamic disequilibrium was again placed in the focus of attention and investment-savings imbalance turned out to be the most logical explanation for the pathological deviations from normal development of the economy. The purpose of this publication is to discuss the intertemporal coordination and the opportunities for quantity assessment of this problem in the framework of dynamic stochastic general equilibrium (DSCE). The analysis is presented through the lens of Non-Walarasian disequilibrium, which inherited the main features of Neowalrasian disequilibrium.
JEL: С62; D50; Е30; Е58

The author analyzed the situation, mechanism of action and stakeholders of unorganized wholesale agricultural markets in Bulgaria. He examined the impact of the state (laws, regulations, infrastructure, control, etc.) on some traditional and well-developed subsectors in Bulgarian agriculture. The conclusion is that the unorganized agricultural markets can be used successfully by farmers when there are a sufficient number of buyers at a price, that covers the expenses incurred, and farmers have warehouses for storage and have the opportunity to wait for higher prices. It was found out that the simultaneous implementation of these conditions is difficult because they are seldom available.
JEL: Q13; Q19