Economic Policy Review is sponsored by

     

    Issue 46(January 2007)


    The Symbolic View of the EU from an Economic Aspect
    The Economy In 2007 – a Forecast
    Economic Freedom Presupposes Governmental Restraint
    The Lies About NPP “Belene”
    Follies in the Pharmaceutical Sector
    IME with a New Executive Director

    Issue 45(November 2006)


    Balance of Payment for the First 9 Months of 2006
    Let us welcome tax competition !
    29th of May – The Tax Freedom Day
    Waste Tax
    The Old New Beginning in the Postal Services, to be Continued
    Should the Students Freeze?
    IME November Events


    Issue 44(October 2006)


    Bulgaria Re-elected the President. So, What?
    10% Profit Tax - the Result of Eight Years of Efforts of the Institute for Market Economics
    Political constellations around tax "innovations" in New Europe
    Bulgaria - An EU member from 1st January 2007
    An Overview of the Policies in the Tobacco Production Sector
    The "Bulgartabac"'s Saga - the Beginning of the End, or Is It?
    The Development Pact - Few Good Ideas and Many Wishes
    Europe: Don't Vote with Your Feet

    Krassen Stanchev award winner !
    We recommend the fowolling essay wich has won a travel grant to the Mont Pelerin Society's next annual meeting, wich will take place in Guatemala City later this year: "Rules and peace: an Eastern European perspective"

    Issue 43 (September 2006)

    GDP in the Second Quarter of 2006
    An Overview of the World Bank's annual report: "Anti-Corruption in Transition 3: Who is succeeding… and Why?"
    Costs and Benefits of Tobacco Tax Harmonization in EU. The case of Bulgaria
    Labor force migration - negative or rather positive impact on the immigration country?

    Issue 42 (August 2006)

    First Anniversary of Bulgarian Government

    Introduction
    Status Quo
    Legislating
    Public Administration
    Pravatization
    Budget and Taxation
    Payroll Taxes
    Social Policy
    Labour Market
    Education
    Regulation
    Transport Sector
    "Europe"
    Conclusion

    Issue 41 (July 2006)

    9 Years Currency Board Arrangement
    Will We Overcome the Lawyers This Time?
    Reflections on the Government Sector
    Can a Pension Reform Be Conducted by Differentiating of The Tax Rates?
    Flashes of Spontaneous Order (Cases of Self-organization Reported in the Bulgarian Press)

    Issue 40 (June 2006)

    European Subsidies from an Economic Point of View
    GDP in First Quarter of 2006
    The Magic Formula for Wages
    Impact of the World Cup on the Bulgarian Economy
    Money on the Bulgarian Property Market (2000 – 2005)

    Issue 39 (May 2006)

    What Does The EU Report Say About Bulgaria and What Is It Silent About ?
    Foreign Direct Investment In Post-Totalitarian Bulgaria
    On Competitiveness of Bulgarian Education

    Issue 38 (April 2006)

    GDP in 2005
    The Tax Reform is Working (Analysis of Budget Statistics)
    Liberalization is a Winning Strategy for the Energy Sector in Bulgaria
    How Could the Government Save Some Money and Reduce Foreign Debt at Once?
    One Step Forward, Two Steps Back: Ataka and the Effects of Nationalization
    Gypsies’ Contribution to Market Reforms



    Issue 37 (March 2006)

    EU Funds, National Budget and Economy
    Do We Need the Compulsory Minimum Wage Compensation for Years in Service?
    Establishment of State Export Bank – Does It Have To Be Done?
    Bulgaria Real Estate Market – Exciting Past And Steady Future
    An Aide Memoire on the Perils of Protectionism
    Social Responsibility and Business Success
    Gypsy Contribution to Prosperity in Bulgaria’s Late Communist Era

    IME Awarded 2006 Templeton Freedom Award

    Issue 36 (February 2006)

    How to Accelerate Economic Growth in the Euroarea?
    The Liberalization of the EU Labor market – a Myth or a Rreality?
    Health Insurance of Emigrants in Bulgaria or How the State Blackmails Its Citizens
    EU SME Programs: A Quick Overview
    Where is Bulgaria Among Others in Terms of Providing Access to Its National Legislation on Internet Free of Charge?
    Zero Tax on Reinvested Profit – the Example of Estonia
    Landing on Cracked Track

    Issue 35 (January 2006)

    Regulation and Growth. Case of Bulgaria
    “Big Bang” Enlargement of the Euroarea
    On State Properties and Transparency
    Trade, Deficit and Taxes
    Inflation in 2005
    Personal Impressions of the Collapse of the Berlin Wall (Excerpt from a Diary On the Occasion of the World Freedom Day)

    Issue 34 (October - December 2005)

    Is the Garbage Tax Increase Justified?
    Social Assistance – For How Long?
    Bulgaria and the IMF Again
    On International Investment Climate in Bulgaria and Strategies for Attracting Foreign Investments
    Inaction In Action: The Court of Auditors, European Commissioners, and the Problem of Financial Mismanagement

    Petition to the national governments of the European Union member states, the European Council, the European Commission and Members of the European Parliament
    THE BRUSSELS DECLARATION

    Issue 33 (June - October 2005)

    Coalition of the Spending (New Government First Steps)
    Plan B – Effects of the Eventual Delay of Bulgaria’s Joining the EU
    Economic Migration – European Practices
    7 June - The Day When Bulgarians Stopped Working for the Government
    Bulgaria Moves Ahead
    Forthcoming: IME Alternative Budget

    Issue 32 (May - June 2005)

    Will Bulgaria Fall a Victim of its Democracy?
    Bulgaria Economic Development
    Bulgaria: Fiscal Environment and Taxes

    Issue 31 (March - April 2005)

    Currency Board And Economic Development
    The Security Burden is the Biggest Issue Before Business and Citizens
    Recent Libertarian Failures in EU “Relationships
    Why Bulgaria State Gazette is Not Available on Internet?
    Invest and the State Will Protect You

    Issue 30 (January 2005)

    2004: Ten Important Positive Developments in Bulgaria
    The Unnecessary "Nuclear Toy"
    About the Government Employment Programs
    Potential for Real Estate Development in Bulgaria

    Key Obstacles to Private Business in Bulgaria: IME 2005 Report
    1. Obstacles Related to Property Rights, Freedom of Contract and Equality Before the Law
    2. Taxes and Conventional Tax Burden: Systemic Issues
    3. Credit-Related Institutional Obstacles
    4. Obstacles related to the competitiveness of the workforce
    5. Obstacles related to public procurement
    6. Obstacles and Challenges Related to EU Accession
    Attachments: Respondents and Productivity Dynamics

    Issue 29 (November - December 2004)
    Alternative (Low Tax) Budget for 2005
    20 Arguments Against Minimum Wage
    How Much Does a Square Meter in Bulgaria Worth?
    Study of Incentives, Characteristics and Strategies of Firms Operating ‘in the Shadows’
    Minister of Finance: In Defence of Libertarianism and Zero Tax Rate


    We Present: European Union Savings Directive: Effect on Bulgaria ( )
    We Reccomend: Contemporary Economic Libertarianism in Bulgaria

    Issue 28 (October 2004)
    Record High Budget Surplus - Time to Cut Taxes
    Good News from the Balance of Payments
    Higher Capacity via Administration Reform
    New Europe: Low Taxes or German Taxes?
    Global and Regional Factors Influencing Bulgarian Real Estate Prices
    NGO Letter to the FAO
    Tax Calculator

    Issue 27 (April 2004)
    Open Letter Regarding the Necessity of a Decrease of Taxes
    The European Union Financial Framework for Bulgaria - Does It Change Anything

    Issue 26 (January 2004)
    Some Developments in the Tax Debate in Bulgaria
    How Not to Create a Commission – the Case of Personal Data Protection Commission

     

    Issue 25, Special Edition (October 2003)
    800 Days Later: Alternative View on What The Government Should Do
    Local Elections, Central Mess

     

    Issue 24 (October 2003)
    New Democracies Advisory Trip to Babylon
    Bulgaria – Economic and Business Climate Overview

     

    Issue 23 (September 2003)
    When Will the Incomes in Bulgaria Reach the Average Level in the European Union?
    The Budget Program for 2004 - 2006

    Issue 22 (July 2003)
    Cabinet Reshuffling: First Signals
    Six Years Currency Board
    The Economy in 2002 and the Transition Years

    Issue 21
    The Healthcare System - More Money or More Reforms?

    Issue 20
    The New Labor Regulations: First (Visible) Results
    Domestic Economic Policy Challenges (Government and Overall Economic Performance in Balkan Countries as Reflected in Economic Freedom Indexes)
    Russian Demands and Bulgarian Structures

    Issue 19
    The Bulgarian Economy: Prospects for 2003

    Issue 18
    Business Environment in 2002

    Issue 17
    Budget 2003 Undertakes More Obligations Than Is Feasible
    Nikolay Vassilev's Nine Measures for Economic Development

    Three Wrong Signals

    Issue 16
    Bulragtabac Privatization: No Problems
    Investment Options Are Already Less Dependent On The Government And More In The Responsibilities Of The Private Sector

    Issue 15
    The Balance for Business One Year After the General Elections
    Public Satisfaction and Currency Board
    How Can We Do with the Social Security System?

    Issue 14
    War Against the Stock Market (Published in the Washington Time, 11 June)

    Issue 13
    Activism Back in Fashion
    The Currency Board is Likely to Continue to Serve Bulgaria Well /by Pirita Sorsa/
    Bulgaria's Economy: Key Developments Since 1997

    Issue 12
    Balkan Governments: Their Role and Size in a Comparative Perspective
    First No-Confidence Vote: What is the Benefit?
    Socialist Thinking in the Balkans (Published in The Wall Street Journal Europe, January 11-12, 2002)

    Issue 11
    Bulgaria's Competitiveness
    Output Growth for the First 9 months of 2001

    Issue 10 (30 November 2001)
    The Debate on Economic Issues During and After the IMF Mission

    Issue 09
    Deeds and Days: Cabinet Honeymoon
    President Out, President In
    Making a Sense of the New Privatization Policy
    Widely Convertible Promises in Industry, Tourism and Trade
    Whereabouts of Taxes and Welfare
    Visioning Banks and Capital Markets
    Why manage the government debt?
    Energy policy briefing

    Issue 08
    Terrorism Impacts on Bulgaria

    Issue 07
    Macedonian Crisis, Economic Crime and Impacts on the Region and Bulgaria
    The First Mortgage Bond Issue is Fact Interview with Frank Bauer, Chairman, Bulgarian - American Credit Bank*
    His Majesty Prime Minister's Cabinet
    The Remission of Crimes

    Republic or Monarchy?
    Is monarchy an alternative to the existing form of government? What are the sources of legitimacy of the monarch and the president?
    This paper provides answers given by Krassen Stanchev as early as 1996. (in Bulgarian only)
    2001 (File size 39KB)

    Issue 06
    King's Men of Bulgaria are Already in Charge: What to Expect?
    Business Environment During UDF Mandate
    What Remained Unfinished From the 3-year Agreement with IMF?
    US Investment Projects in Power Generation
    How Bulgaria Performs in the Line with Copenhagen Criteria?

    Archive of the Review:
    Issues 01, 02, 03, 04 , 05

    IME Old Newsletter November 2000

    IME Old Newsletter 1997-2000


    eXTReMe Tracker

      Subscribe:
    Click here and enter your e-mail to receive the Economic Policy Review

     

    For comments and questions:
    Metodi V. Metodiev, metodi@ime.bg
    tel./fax: (+359 2) 952 62 66, 952 35 03

    Krassen Stanchev was awarded the Special Prize for "overall contribution to the spirit of liberty"

    Institute for Market Economics is a winner of a 2006 Templeton Freedom Award


    IME's Economic Policy Review won the prize because:

    1. It has been pioneering public debate of topics and issues of immediate or long tem concern such as: first surveys of transaction costs, informal labor and informal economy in Bulgaria and the Balkans, on mortgages, business environment and costs of dealing with the government;

    2. Over 200 draft laws and regulations were assessed in the bulletin;

    3. The average reprinting rate of the newsletter is 80% for 2005 and we expect it to pass 90% in 2006 as it is gaining popularity.

    4. It disseminated methods of basic economics and cost-benefit analysis;

    5. The Economic Policy Review produces supporting materials for other IME websites and print product, e.g.: the EU accession sub-page (the most visited part of the IME Web), the educational page of the Economics Access Station of Internet (www.easibulgaria.org), the flat tax bulletin and the website (www.ime.bg/flat, the monthly bulletin goes to the desk of every MP and a minister), the cost-benefit analysis (www.ria-studies.net), the web page of mortgage finance and real estate (www.ceemortgagefinance.org and its more popular Bulgarian version), the sub-page on welfare reforms, etc.

    6. We have introduced to the Bulgarian audience via EPR and EASI a great number of unknown economists and writers, some of them have already become relatively popular, e.g. Bastiat, von Hayek, Menger, von Mises [1] , Curzon-Prize, Lee, Gwartney, Stroup, Swanepool, Pejovic, Paul Belien and others, to mention just a few.

    7. We were the first to publish the Magna Carta in Bulgarian, and via EPR highlighted topics of economic history.

    8. EPR had made IME associates very popular. This helped some of them successfully run for parliament with one colleague during the 2005 parliamentary elections being the most televised, interviewed and printed candidate (entering politics anew and being more popular with the media than former PMs, finance ministers, and the like).