The article is devoted to the problem of the assessment of innovations in enterprises in Bulgaria and its comparability with that of other European countries. In this regard, the conceptual-categorical apparatus, the used databases and the methodology of their collection and interpretation are discussed. Quantitative analyses and assessments were carried out in compliance with the requirements of the methodological guidelines of the OECD and Eurostat of the "Frascati" family. Difficulties have been identified in more precisely comparing the assessment of innovations in Bulgarian enterprises with those in other countries of the European Union, and the reasons for these difficulties have been established. Innovations in Bulgarian enterprises are characterized by different signs. To this end, a structural analysis and an analysis of the context were carried out. The obtained results give reason to reveal important gaps in the formation of the national innovation policy. Among them is the failure to take into account globalisation in the formation of a national environment for the market functioning of the economy, which is expressed in decreasing external and internal demand for new country products, imbalances in the financing of R&D, etc., which lead to a decrease in innovations in the Bulgarian enterprises. Finally, conclusions and recommendations are defined from the point of view of the formation of an innovation policy adequate to the new realities.

The purpose of this article is to study the relationship between the increase of the money stock and the increase of the price level in the Bulgarian economy through the implementation of a monetarist price gap model and through the study of VAR forecasting performances. Firstly, we obtain that the price gap, namely the difference between the theoretical sustainable price level as defined using the equation of exchange and the observed price level is a relevant predictor for inflation dynamics in Bulgaria. Secondly, the analysis of the performance of VAR forecasts of inflation show that the M2 money supply is a fundamental variable present in the best forecasting models, evaluated through their predictive accuracy, when tested on the recent inflationary upswing which began in the third quarter of 2021. This finding is especially important for Bulgaria, given that its monetary policies are bonded to those of the European Central Bank (ECB) through its local currency board. The ECB’s expansionist monetary policy in the wake of the COVID-19 pandemic can thus be seen as one of the factors explaining the unusually high inflation level in Bulgaria.

For years, a number of researchers have questioned whether there is an implicit impulse for protectionism hidden behind the tariff and non-tariff liberalization clauses put forward in all new EU agreements, as well as in the Union's participation in various formats of multilateral trade negotiations. On the other hand, the introduction of protectionist measures implemented by many countries around the world is increasingly being observed. In order to summarize and clarify these trends in the development and restructuring of the global trade system and the EU's place in it, the article first summarizes some insights from economic theory and empirical research on free trade and protectionism, then it examines the pre-pandemic trade barriers vis-à-vis the EU, and finally it assesses the “new framework” of bilateral and multilateral preferential trade agreements in the EU trade policy.

 In this article, the author connects the dots between teams, and the broader necessity to serve and positively impact the environment within which organisations operate. Team coaching, as one of the newest and least researched team development modalities, is defined. What team coaching is NOT, and the conditions for real team coaching to take place, are unraveled, in order that it can serve a team to truly thrive. The differences between teams and groups are explored, as it is essential to the topic. The role of a team coach is distinguished and put into context, of serving a team to transform to become who they aspire to become. In this way, they can fulfil their core purpose and vision in a coherent and values aligned way. The author’s CORE model© for interpersonal team transformation is presented, which can serve as a framework to guide conversations so that they become a real team. A centre point of becoming a real team is collaboration. Real teams and thriving organisations positively impact the world in becoming a place more deserving to inhabit.

Elinor Ostrom changed the way of thinking about common-pool resources in economics. She provided an institutional analysis that shows how groups can find solutions to complex problems for collective goods. Ostrom showed that collective action can work among rational individuals. She and her husband Vincent objected privatization, nationalization, and centralized government for governing the commons. Instead, they promoted polycentric governance as a solution for many common-pool resources. Her approach is known as the Bloomington School of Political Economy, a thriving direction in Public Choice Theory.

A new book by Daron Acemoglu and Simon Johnson warns that the tree of progress bears poisonous fruit if watered by power-hungry techno-optimists.

One of the metaphors often used in economic theory is that "when the tide comes in, it lifts all boats in the harbour." In other words, periods of economic buoyancy due, for example, to changing consumer attitudes and/or the introduction of new production technologies benefit everyone - small and large, albeit to varying degrees - in their own right. In their new book, Power and Progress, the eminent economists Daron Ademoglu and Simon Johnson challenge this view.