This paper analyses a detailed dataset on various aspects of institutions relating to functioning of (a) political institutions and civil society, (b) market for goods and services, (c) capital market, and (d) labour market. Examining the correlations within and across these major aspects of...

The current scientific research is studies an administrative structure in order to optimize the activities and the overall management. It aims at establishing duplicate functions in the organization under study. The main tasks in the analysis are related to the display of the basic findings and...

This chapter reviews the theory of the voluntary public and private redistribution of wealth elaborated by economic analysis in the last forty years or so. The central object of the theory is altruistic gift-giving, construed as benevolent voluntary redistribution of income or wealth. The theory...

The present paper systematizes the results of various theoretical studies into the possibilities of enhancing company competitiveness through application of the concept of differentiated products. The theory of product competitiveness is a fundamental and the most important part of the theory of...

Current paper presents challenges to development of labor market and social policies in transition periods through the example the transition from planned to market economy in the Republic of Bulgaria. Some important implications are made about passive and active social programs as a whole and...

The development of social policy in Bulgaria is closely related to social and economic development of the country but it is also influenced by the common European trends and priorities in last decades. Current study examines the theory and the practice of social policy in the context of its...

Using Kauffman, Kraay, and Mastruzzi governance indicators, this article analyzes the impact of formal institutions on the knowledge economy- by assessing how the enforcement of Intellectual Property Rights (IPRs) through good governance mechanisms affects the knowledge economy. The article also...

Using Kauffman, Kraay, and Mastruzzi governance indicators, this article analyzes the impact of formal institutions on the knowledge economy- by assessing how the enforcement of Intellectual Property Rights (IPRs) through good governance mechanisms affects the knowledge economy. The article also...

Policy interest since the early 1980s has focused in different ways on the creation of a large, productive, taxable economy - in which entrepreneurship plays a role for employment, income growth and innovation. The current understanding of various forms of entrepreneurship remains incomplete,...

By introducing the concept of "social asset specificity," this paper presents an attempt to analyze public institutions and macro-level institutional change. Social asset is defined as the aggregate of all physical asset, human asset, political, social and legal rules, and so on, that are...