Promoting a country's destination is one of the major tasks of a National Tourism Organization (NTO). NTOs have many ways in which to promote their countries' tourism products, one of which is participating in tourism and travel fairs. This paper analyses the effectiveness of destination...

Rutkowski seeks to determine the main factors behind poor labor market outcomes in Bulgaria. Unemployment in Bulgaria is high and of long duration. The accumulation of the unemployment stock has been caused by relatively high inflows into unemployment coupled with limited outflows. These...

BG: Целта на тази студия е да се проучат ранните ефекти от прилагането на МСФО 9 и МСФО 16. Анализирани са най-дискусионните проблеми, произтичащи от новия модел на...

In this paper we investigate to what extent firm investment in transition countries is sensitive to internal finance. We use accounts data of over 4000 companies in four countries at different stages of transition. We find that firms in Bulgaria and Romania are less sensitive to internal...

The amount of water used for irrigation has sharply declined during transition in Bulgaria. Large sections of existing irrigation systems were abandoned, and the ones still in use are barely maintained. Crops such as wheat and barley have replaced more water-intensive crops, including...

Bulgaria is witnessing the growing importance of soft competencies for individual success on the labour market. This paper is, therefore, focused on the identification of employers' needs for soft competencies and their comparison with soft competecies of students, who represent significant part...

We propose a model, which is a modification of the Salomon Smith Barney model for cost of capital determination. The model reflects the following characteristics: (1) the degree of diversification of the particular investor (imperfectly diversified); (2) the systematic country risk; (3) firm...