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CSD Policy Brief No. 46: Corruption and Anti-Corruption in Bulgaria (2013 – 2014)
The policy brief makes an overview of the levels of corruption and the impact of corruption on the societal sectors. In 2014, the Corruption Monitoring System has recorded the highest levels of involvement of the Bulgarian population in corruption transactions in the last 15 years. In the past year Bulgarians have conceded to being involved on average in roughly 158 thousand corruption transactions monthly. more »
Anti-Corruption Policies against State Capture
In the tenth Corruption Assessment Report, the Center for the Study of Democracy provides an overview of the state of corruption and anticorruption in Bulgaria in 2013 – 2014. The report is produced within the framework of the Southeast Europe Leadership for Development and Integrity initiative (SELDI), which provides a comparative perspective for nine countries in Southeast Europe. more »
Hidden Economy in Macedonia Policy Brief 3: Hunting the Shadows – Tax Evasion Dynamics in Macedonia
The current policy brief stresses that as a middle-income country, which is still reforming its tax authority, tax system and related measures against tax evasion and fraud, one can reasonably assume that Macedonia should expect rate of tax evasion and fraud of at least 7.9% of GDP or about 700 mln. EUR on an annual basis. more »
Hidden Economy in Macedonia Policy Brief 2: Hit and Miss - The Dynamics of Undeclared Labor in Macedonia
The current policy brief underlines that undeclared work, being one of the main manifestations of hidden economy, becomes the bull’s-eye for many countries focusing on reshaping their social and economic policies in order to tackle this issue, especially since the onset of the economic crisis that hit Europe and the World in 2008. more »
Hidden Economy in Macedonia Policy Brief 1: The Economics of Blurs and Shadows – The Hidden Economy in Macedonia
The current policy brief provides an overview of the hidden economy in Macedonia, including some of its main causes and consequences. At the same time, it offers a macroeconomic overview of the characteristics considered to favor the prevalence of the hidden economy, while outlining the basic definitions and different hidden economy measurement methods. Furthermore, it reviews the latest policy developments in Macedonia in the area of hidden economy and delivers an outline of where this phenomenon is headed and what measures are, and should be taken, to tackle it. more »
Energy Sector Governance and Energy (In)Security in Bulgaria
This report explores the major governance deficiencies in the Bulgarian energy policy regarding the strategic, institutional, and legal framework of the sector. The report focuses on state capture of energy policy by private political and economic interests that led to bad management practices in the sector, to lack of consistency in the legal and regulatory framework, to deteriorating investment environment, and to the involvement of the country in infrastructure projects that undermine the national long-term strategy and policy priorities. more »
GREY Working Paper No. 4: Policy Approaches Towards Undeclared Work, a Conceptual Framework
The aim of this working paper is to provide a conceptual framework for understanding the policy approaches for tackling undeclared work. In doing so, the intention is to provide the structure for a future comprehensive review of the policy measures available for tackling undeclared work. more »
GREY Working Paper No. 3: Tackling the Undeclared Economy in FYR Macedonia, a Baseline Assessment
This report provides a detailed review of available evidence on the extent and nature of the undeclared economy in the Former Yugoslav Republic of Macedonia (FYROM), as well as on the institutional actors involved in tackling the phenomenon and their policy approach and measures used. more »
Reader of Articles: Best Practices in Monitoring Hidden Economy
The current reader aims to aid Macedonian policy-makers and other stakeholders to better understand, monitor, and tackle the hidden economy and its negative consequences on society and the economy, and in particular on the most vulnerable groups. It brings together the best recent academic knowledge on the hidden economy compiled and adapted to address the needs of the local constituency in Macedonia. more »
Policy Tracker: Economic Governance and Performance of the State-owned Energy Sector
Bulgaria’s energy sector is characterized by severe financial weaknesses related to high levels of indebtedness, low profitability and bad governance. The financial outlook of state-owned enterprises has become increasingly problematic in the 2011-2013 period. An overview of the financial health of the largest energy companies reveals a desperate need for liquidity and a reform of the pricing method to abolish destabilizing subsidies, improve debt collection and the energy mix, and invest in the minimization of power distribution losses. more »

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