The main objective of the paper is to provide an estimation of the impact of the investments in education and science in Bulgaria, financed by the European structural instruments. It provides net impact assessment as of end of 2012 as well as projections of potential effect until 2020. The...

In the past two decades, there are significant changes in rural India. There is some significant progress in reduction of poverty. This study examines the pathways by the Dokur villagers of Andhra Pradesh in India to survive and improve livelihoods in the face of a decade of persistent drought....

We briefly describe the recent evolution of the crisis and, by reviewing some of its explanations based on different theories, we proceed towards our own interpretation. The deregulation wave of the last decades has created new profit opportunities in various contexts – from labour flexibility...

Exact diagnostics of inflation reasons is the necessary condition of correct stabilization policy oriented to social progress instead of the conjuncture manoeuvring. The purpose of the article is the analysis of inflation reasons in Ukraine and ranging them according to the degree of influence...

Drawing on insights from corporate finance and personnel economics, we show that firms consider potential employees using a real options approach, much as they do when making other types of capital investment decisions. Theoretically we find that firms’ hiring decisions are influenced by the...

Drawing on the comparative household surveys, this article examines subjective wellbeing in Armenia, Azerbaijan and Georgia, three low-income transitional countries located on the Caucasus. We found that economic factors explain a considerable part of the variation in subjective wellbeing. The...

The measurement of economies no longer by GDP alone, but by an Index that includes other important factors as well, a Social factors relativized GDP. Social factors relativized GDP: GDP – GDP x GINI = K_Index Written differently: (1 – GINI) x GDP = K_Index Inflation indexed Version: (1 –...