• Andrey Zahariev
    75 YEARS SCIENTIFIC TRIBUNE FOR ECONOMIC GROWTH
    JEL: B20, B41
    Summary: The Economic Archive journal is a scientific economic publication which has been in print without interruption for as long as 75 years. As a scientific tribune for economic growth it has been printed permanently by Tsenov Publishing; it has been administered and funded by the D. A. Tsenov Academy of Economics. Throughout those 75 years (until issue 3 / 2020) the journal has published 2,637 articles by authors from over 20 countries representing over 100 scientific organizations, institutions of higher education and other institutions. The journal releases 4 issues per annum in a paper and electronic format in Bulgarian (under the name Narodnostopanski Arhiv ) and English; it is indexed in six international bibliographic databases. Its electronic archive (https://www2.uni-svishtov.bg/NSArhiv/) has supported full-text bilingual free access to all articles since 2013; via the resources of the Central and Eastern European Online Library (CEEOL), access has been possible to all articles since 2008. Over the last decade, in four consecutive years, the journal has been co-financed on the basis of projects of the Editorial Board approved by the Scientific Research Fund in Bulgaria following calls for project proposals for Bulgarian Scientific Periodicals.
  • Radko Radkov, Andrey Zahariev
    The Currency Board in Bulgaria: Theoretical Reflections and Empirical Results
    Summary: Via this article the authors would like to discuss the idea of the inter-section point of theoretical reflections and reported empirical results referring to the currency board in Bulgaria. To achieve the goal defined the article is structured in the following separate sections: first, clarification of the concept of a currency board in light of leading theoretical research; second, critical analysis and evaluation of the characteristics of the currency board in Bulgaria; third, justification of the authors’ answer regarding the end of the currency board in Bulgaria and its replacement with another system; fourth, econometric analysis and assessment of foreign trade sector influence on the GDP in Bulgaria under the conditions of a fixed currency exchange rate and a high percentage of foreign trade of goods and services in the structure of the GDP; fifth, a study of the currency boards influence on the economic convergence of Bulgaria in comparison with leading EU economies for the period 1998 – 2012. For the authors, Bulgaria’s path to membership in the Eurozone while keeping the currency board regime during the whole period of being in the ERM II “waiting room” is logical and has social and institutional support. The argument for this is that Estonia’s example of entering the Eurozone by preserving the currency rate at the level of the currency board is the reasonable and rational national project for developing Bulgaria’s economy and financial system.
  • Andrey Zahariev, Atanas Atanasov, Galina Chipriyanova
    FINANCE AND ECONOMIC ACCOUNTING – FACULTIES, SCIENTIFIC RESEARCH AND A 70-YEAR TRADITION
    Summary: At a solemn joint session, the Faculty Councils of the Faculty of Finance and the Faculty of Economic Accounting at the D.A. Tsenov Academy of Economics celebrated the 70th anniversary of their establishment. By Decree No. 289 of August 20, 1953, effective from September 1, 1953, the Presidium of the National Assembly redistributed and regrouped the specialties at the Higher Financial and Economic Institute in Svishtov, into two faculties - Financial-Statistical and Accounting. Over the years, the faculties have changed their names several times - Financial-Statistical (1953), Financial-Economic (1973), and the Faculty of Finance (1993), and respectively - Accounting (1953), Accounting-Economic (1973), and the Faculty of Economic Accounting (1993). The purpose of this article is to present the results of celebrating the 70th anniversary of the Faculty of Finance and the Faculty of Economic Accounting at the D.A. Tsenov Academy of Economics through the organization and conduct of a prestigious international scientific forum.
  • Andrey Zahariev
    Financial Science in Changing Europe – Challenges and Perspectives
    Summary: With the celebration of the 65th anniversary of the first Bulgarian academic department of financial sciences (07– 08 April 2017) at D. A. Tsenov Academy of Economics – Svishtov, a worthy assessment has been given and there has been a debate about what has been built over the years, what the current challenges and perspectives for future development are. The International Scientific Practical Conference “Current Challenges for the Financial Science in Changing Europe” was attended by Bulgarian and foreign scholars, working in the field of finance, as well as representatives of financial practice. One hundred and four people from seven countries and two continents, with ninety-two papers on corporate finance, investment, public finance, banking and micro-financial policy took part in the scientific forum. The host department prepared six plenary papers by its representatives of six hierarchical levels of academic development: students, PhD students, assistants professors, head assistants, associate professors and professors.