scholarly journals “COVID-19” Pandemic: Rethinking Defence Spending in Bulgaria

2021 ◽  
Vol 59 (1) ◽  
pp. 25-39

This paper investigates defence spending in Bulgaria in the context of the COVID-19 pandemic. It analyses military expenditures on both regional and national scales and tries to compare the post-financial and economic crisis period of the first decade of the 21st century to the current pandemic situation. The paper argues that it is unlikely that the ever evolving threat landscape will lead to a significant decrease in defence spending, while requiring its rethinking in Bulgaria with a focus on investments in technologies and related activities. Due to the ongoing pandemic and the fact that relatively little time has passed since its emergence, part of the conclusions drawn are primarily prospective in nature.

2020 ◽  
pp. 15-24
Author(s):  
VLADIMER PAPAVA

The paper discusses the economic issues of the COVID-19 pandemic. The resulting coronomic crisis is not a typical economic crisis since the coronomic crisis was not formed in the economy itself but is the result of the inability of medicine to solve the pandemic problem. The coronomic crisis is, by its very nature, an atypical economic crisis and is fundamentally different from other atypical economic crises that took place in the XX century. The coronomic crisis put the issue of the “crisis of globalization” on the agenda. The coronomic crisis exposed the weaknesses of globalization. Overcoming the COVID-19 pandemic is possible exclusively at the global level. The paper shows that the current process of de-globalization is “forced” by its nature and it will definitely be replaced by a qualitatively renewed process of globalization. Economic recovery from the corona crisis will be most successful only on the basis of the adherence to a free trade regime. In economic science, the problem of government intervention in the economy, especially during the pandemic and the post-pandemic period, is still relevant. The corona crisis has clearly confirmed the inability of inflation targeting to achieve macroeconomic stability. The coronomic crisis requires two approaches to economic policy. In particular, we mean an anti-crisis economic policy and a post-crisis economic policy. Economic incentives provided by the government to businesses contribute to the zombieing of the economy which will be one of the most difficult problems of the post-crisis period. The coronomic crisis made the issue of the economic security of each individual country even more urgent. The problem of ensuring food security is equally important. The economic policy of the post-crisis period must necessarily include measures to ensure a country’s food security. Since the possibility of a repetition of a pandemic in the future is similar to the current one, the problems of coronomics should remain in the field of study of economists for many years.


2009 ◽  
Vol 3 (2) ◽  
pp. 245-250
Author(s):  
William Storrar

AbstractSince Public Theology for the 21st Century was first published, the world has witnessed the terrorist events of 9/11 and is now experiencing a growing economic crisis. While the contributors to the volume could not have addressed these events specifi cally, the discussions within the book contain valuable analyses of democracy, active citizenship and the notion of social capital that are highly pertinent in the current climate. Public theology must grapple with and adapt to these changed and changing social and political circumstances.


Author(s):  
Daniel Belingher ◽  
Cantemir Adrian Calin

The current chapter shows the gap between the real economy and the financial markets in the United States during the pre-crisis period at the end of 2007, as well as during the subsequent crisis period. The current research chapter also emphasizes the catastrophic effect that financial markets had inside the whole economic system due to this gap. The premise from which this chapter starts can be found in the systems theory and consists in Heinz von Foerster’s theorem. This research has an empirical nature and shows in which way an anomaly within the system can destabilize the entire system, finally resulting in the installation of the crisis period that we are still facing. In order to illustrate this, the authors refer to the evolution of the values of DJIA and real GDP, observed between mid 1940s until 2010 in the United States.


2015 ◽  
pp. 1695-1707 ◽  
Author(s):  
Anastasios Ntanos ◽  
Stamatios Ntanos

This chapter refers to small family businesses in Greece and examines the impact of their marketing strategy during an economic crisis period. The research took place in the broad area of Athens between December 2011 and March 2012. Data were collected to form a database of Greek independent private family companies (n=380) using personal interviews (structured questionnaire) with owners/managers of first- and second-generation family businesses. The chapter shows how small family businesses indicate marketing strategy using Carson's model. Limitations of expertise outline the marketing background, which can be described as “self-assisted.” The research offers a verification of a previous model so that problems that arise from companies not putting into practice any marketing concepts can be examined. The significance of the chapter is that there have not formerly been any reviews made about Carson's model in Greece during the economic crisis period emphasizing family businesses.


2019 ◽  
Vol 41 (1) ◽  
pp. 37-51 ◽  
Author(s):  
Xavier Bartoll ◽  
Raul Ramos

Purpose The purpose of this paper is to analyse the association between the type of contract (temporary vs permanent) and the quality of work and its different dimensions before and after the economic crisis among Spanish employees. Design/methodology/approach Structural equations techniques are used to analyse the association between the type of contract and the work quality and its different dimensions before and after the crisis. Data are drawn from the 2006/2007 and 2009/2010 waves of the Encuesta de Calidad de Vida en el Trabajo. Findings The results show that in the two considered periods there are no differences in quality of work among male involuntary temporary workers and those with permanent contracts. However, there is an adverse widening gap across all dimensions of work quality for women in involuntary temporary employment during the economic crisis. There is also a shift among men and women in involuntary temporary employment from valuing intrinsic job quality dimension in the pre-crisis period to valuing more the work environment dimension during the crisis period. Research limitations/implications The analysis is limited by the continuity of variables across years and the high proportion of missing values in some variables. The obtained results cannot be interpreted in terms of causality. Originality/value This is the first study to consider whether the deterioration in the Spanish labour market during the crisis has affected the relationship between the type of contract and the different dimensions of the quality of work.


Author(s):  
Artur Pohl

In the second decade of 21st century the European Union will have to face the economic crisis and a problem of its domestic and international security enhancement. In both cases, the Turkish access to the organization can be a cure for European problems. Fast-growing economy, with young, well-educated society as well as big market may be an impulse to the economic growth of the EU. Economic surroundings and geostrategic location of Turkey, with its strongand modern army, can positively affect the security of the organization.


2018 ◽  
Vol 13 (22) ◽  
pp. 9
Author(s):  
Анђелко С. Лојпур ◽  
Ања А. Лојпур

Резиме: Велики и снажан талас оптимизма који је почетком 90-их година 20. вијека захватио бивше социјалистичке земље у погледу коначног исхода транзиције је већ крајем прве декаде 21.вијека смијенио још снажнији талас песимизма. Уједно, појавом глобалне економске кризе потврдило се да социјалистичка опредјељења немају шанси, да је капитализам подложан перманентној кризи, али да је упитна његова пролазност. Питање које се додатно са убрзавањем системске кризе на глобалном нивоу наметнуло јесте: могу ли бивше социјалистичке, мање развијене земље бити равноправни сарадници у процесу ширења мултинационалне привредне концепције, или ће завршити на периферији, што би значило даље раслојавање у нивоу богатства, болну експлоатацију оскудних привредних ресурса и све веће заостајање у индустријализацији. Полазећи од тога да проблем разумијевања динамике индустријског капитализма није ништа изгубио на свом значају ни до данашњих дана, аутори у овом раду имају за циљ да потраже одговоре на питање: да ли је и како могуће преокренути будући концепт развоја у земљама у транзицији у правцу веће свјетске једнакости у богатству, укључујући и питање реиндустријализације.Summary: A large and powerful wave of optimism that the early nineties swept former socialist countries in terms of the final outcome of the transition is the end of the first decade of the 21st century removed even more powerful wave of pessimism. At the same time, the advent of the global economic crisis has confirmed that the socialist orientation have no chance, that capitalism is subject to permanent crisis, but it is doubtful its transience. The question used in addition to accelerating the systemic crisis in the global proficiency level is imposed, whether the former socialist, less developed countries become equal collaborators in the process of expanding multinational economic concepts, or will end up on the periphery, which would mean further stratification of the level of wealth, painful exploitation of scarce economic resources and the increasing backwardness in industrialization. Given that the problem of understanding the dynamics of industrial capitalism has not lost its importance even to the present day, the author in this paper aims to look for an answer to the question, whether and how to be reversed because the concept of development in the countries in transition towards more a world of equality in wealth, including the issue of re-industrialization.


2017 ◽  
pp. 47-54
Author(s):  
Timofey Malashenko

The aim of the research is to analyze transformation of the Spanish banking sector after the financial crisis of the year 2008. The author examines a hypothesis that banking system played an important role in the development of Spain’s economy. Spain’s banking sector was substantially transformed during the economic crisis, and now serves as a prerequisite for development of Spain’s national economy during post crisis period


2013 ◽  
Vol 65 (1) ◽  
pp. 24-41
Author(s):  
Predrag Simic

In the early 21st century, globalization and the world economic crisis changed the balance of powers between the old (declining) and new (emerging) industrial states replacing the unilateral with a multilateral system of international relations and changing the way in which world politics was functioning. Globalization has increased the number of transnational problems (protection of human environment, international traffic and communications, flows of capital, energy, migrations, etc.) that require global governance. However, these trends also indicate that in the 21st century, international relations and world politics will function in a significantly different manner than they did within the bipolar and unipolar order, which characterized the second half of the 20th century.


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