Year 2018, Issue 3

Date published

25.9.2018

Table of content

  • MARIYANA PAVLOVA-BANOVA
    FISCAL DECENTRALIZATION IN EUROPE: EFFECTS ON LOCAL GOVERNMENTS’ FISCAL AUTONOMY
    JEL: H71, H72
    Summary: The European Charter of Local Self-Government, which was ratified by almost all European member states, provides for the decentralization of power and the transfer of competences and financial resources to local communities as well... The European Charter of Local Self-Government, which was ratified by almost all European member states, provides for the decentralization of power and the transfer of competences and financial resources to local communities as well as extends local authorities’ tax collection and budgetary spending responsibilities. In reality, however, the increased spending responsibilities and the limited self-financing powers of the municipalities in our country raise the question of the degree of their dependence on the cen¬tral government. This paper presents a survey which aims to measure and assess the degree of tax autonomy of local governments in Bulgaria compared to their counterparts from other EU member states by means of a set of indicators and thus to determine one of the effects of fiscal decentralization – lo¬cal self-government’s tax autonomy.
  • GOOLBAHOR KARIMOVA
    ANALYSIS OF INTERNATIONAL EXPERIENCE OF ATTRACTING FOREIGN INVESTMENTS
    JEL: F21
    Summary: The article considers foreign experience of attracting foreign investments by the example of the countries that most successfully attract foreign investments, and at the same time are the main countries investing in the economy of... The article considers foreign experience of attracting foreign investments by the example of the countries that most successfully attract foreign investments, and at the same time are the main countries investing in the economy of the Republic of Uzbekistan. The policy of attracting foreign investments to the Republic of Uzbekistan is being considered. Analyzed reg-ulatory legal acts, considered free economic zones, as a method of attracting foreign investment in the Republic of Uzbekistan. The conclusion of a com-parative analysis of the effectiveness of investment policy and their features in the context of countries is given.
  • HASAN AZIS
    QUALITY AND PERSPECTIVES FOR DEVELOPMENT OF THE ADMINISTRATION IN THE CONTEXT OF THE PROCESS OF DECENTRALIZATION IN GREECE
    JEL: H71, H72
    Summary: The study aims to determine the progress of the central and municipal administrations and their attitudes towards the process of decentralization in Greece; their competences and attitudes regarding decentralization; the degree of... The study aims to determine the progress of the central and municipal administrations and their attitudes towards the process of decentralization in Greece; their competences and attitudes regarding decentralization; the degree of completion of decentralization; and the enhancement of the qualification of the central and municipal administrations. The study is based on a questionnaire which included questions regarding the opinion and the attitudes of the administration towards the process decentralization in Greece. The survey was conducted with 95 civil servants. The results outline certain difficulties in the decentralization process as well as ways to overcome them.
  • Silvia Sasheva Zarkova
    REGIONAL DISPARITIES IN BULGARIA TODAY: ECONOMIC, SOCIAL, AND DEMOGRAPHIC CHALLENGES
    Summary: To accelerate Bulgaria's economic development taking into account the specific characteristics of their regions is a serious challenge for the local governments in the country. The ongoing political and economic changes require a... To accelerate Bulgaria's economic development taking into account the specific characteristics of their regions is a serious challenge for the local governments in the country. The ongoing political and economic changes require a reassessment of the country's economic development. The aim of this study was to analyse the disparities among Bulgaria’s regions (defined in accordance with the Nomenclature of Territorial Units for Statistics (NUTS)) by assessing the degree of economic, social and demographic chal¬lenges they face and performing a multivariate comparative analysis with sets of statistically significant indicators. The analysis clearly outlines the bounda¬ries of the regional disparities and the need to improve the country’s regional and cohesion policies.
  • Kalina l. Durova
    THE COHESION POLICY OF THE EUROPEAN UNION AND INTER-REGIONAL DISPARITIES IN BULGARIA
    Summary: The article presents a theoretical analysis of the causes for inter-regional disparities and an empirical study on the impact of the EU Cohesion Policy on the standard of living in Bulgaria. It also gives some recommendations for... The article presents a theoretical analysis of the causes for inter-regional disparities and an empirical study on the impact of the EU Cohesion Policy on the standard of living in Bulgaria. It also gives some recommendations for maximizing the beneficial effect of this policy on the regions in our country. The author defends the thesis that the economic imbalances among regions cause social and demographic ones. Accordingly, the study focuses on the economic inter-regional differences and the way they are affected by the Cohesion (Regional) policy of the European Union as a tool utilized by the Community to achieve economic and social cohesion.