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IME
Institute for Market Economics
Sofia, Bulgaria
Economic Policy Review – Monthly Overview
July 9
Public Satisfaction and Currency Board
One can hardly question the positive effects of the currency board on the
economy and income in Bulgaria. Probably, this fact explains why the fifth
anniversary of the currency board past without the typical criticism of
the system. The analysis “Monetary Policy: Five Years Bulgarian Currency
Board” by Martin Zaimov and Kalin Hristov, which was published (or just
excerpts) in many magazines and newspapers, lists all reasonable arguments
in favour of the currency board. Some of them are listed below, organized
in way that takes into account readers’ political preferences.
http://ime-bg.org/pr_en/eng15-2.html
The balance for business one year after the general elections
The work of this government started with the announcement of its
intentions by Mr. Saxe-Coburg Gotha during the third week of August in the
previous year (see issue 37, 2001). The Parliament followed suit
relatively late, in October, the establishment of which will be remembered
as the most sluggish since 1990. The assessment of the work of the Cabinet
and the Parliament should consider the developments in the following
areas: Macroeconomic Environment, Sector Policies, Government Attitude
toward Business, Rights and Private Property.
http://ime-bg.org/pr_en/eng15-4.html
How Can We Do with the Social Security System?
In response to our criticism of the project for minimum levels of social
security insurance payments, the social minister Lidia Shuleva asked us
how to solve the problem with the non-payment of social contributions by
the informal sector of the economy. We would like to offer several
possible solutions to the above-mentioned problem. These solutions focus
on long run positive effects and a time horizon of 2010 or even 2030. The
search for a partial and/or provisional solution will quite possibly turn
out to be inefficient and expensive.
http://ime-bg.org/pr_en/eng15-3.html
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Announcement: On the IME website you can also find the ANNUAL REPORT 2001:
Orientation towards service and innovation
http://ime-bg.org/pdf_docs/IMEAnnualReport.doc
Other articles are available in the IME-EPR archives (http://www.ime-bg.org/pr_en/).
You can subscribe to the newsletter on the IME homepage (http://www.ime-bg.org/).
® IME
Economic Policy Review /monthly/ is financed by MSI/ USAID.
For comments and recommendations:
mandova@ime.bg
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