Template-Type: ReDIF-Article 1.0 Author-Name: Veniamin Todorov Author-Workplace-Name: University of Economics Title: Exogenous Macroeconomic Shocks As Contemporary Business Cycle Determinants Abstract: The article presents the results of a research that aims to test the hypothesis that exogenous macroeconomic shocks affect present-day business cycle dynamics in a way that extends beyond the COVID-19 pandemic and the military conflict in Ukraine. The analysis covers the present-day manifestation of three key types of exogenous shocks - health shocks, oil price shocks and natural disasters. The research showed a lot of evidence that corroborates the hypothesis and hence it is confirmed. The three types of exogenous shocks have played an important role not only for the last two years, but also beyond this time horizon. Classification-JEL: E30; E32; F44 Keywords: exogenous shocks, health shocks, oil price shocks, natural disasters, business cycle Journal: Economic Archive Pages: 3-17 Issue: 3 Year 2022 File-URL: http://hdl.handle.net/10610/4698 Handle: RePEC:dat:earchi:y:2022:i:3:p:3-17 Template-Type: ReDIF-Article 1.0 Author-Name: Kaloyan Pargov Author-Workplace-Name: D. A. Tsenov Academy of Economics Title: Bulgaria’s Energy Balance - A Strategic Analysis Abstract: The Energy Balance is a strategic report which is of crucial importance to national economies. The strategic analysis of the Energy Balance of the Republic of Bulgaria for the period 2006-2020 allows drawing up key trends for determining the priorities for the development of the infrastructure of production, transfer, consumption, intersystem exchange and expanding the share of renewable sources. The research consists of two parts – the first one focuses on the methodology of preparing an Energy Balance as a statistical document with the corresponding evolution characteristics and structural components; the second one includes a verbal and graphic representation of the dynamics of some major components and indicators of the Energy Balance of the Republic of Bulgaria. As a result, we have illustrated the annual rates of change for a fifteen-year period, linear regression equations and coefficients of determination. The article ends by drawing up conclusions of strategic importance for the energy system. Classification-JEL: Q32; Q43 Keywords: energy balance, energy security, energy sector, The Republic of Bulgaria Journal: Economic Archive Pages: 18-33 Issue: 3 Year 2022 File-URL: http://hdl.handle.net/10610/4699 Handle: RePEC:dat:earchi:y:2022:i:3:p:18-33 Template-Type: ReDIF-Article 1.0 Author-Name: Nikolay Todorov Author-Workplace-Name: D. A. Tsenov Academy of Economics Title: The Japanese Model Of Transition To A Circular Economy Abstract: The article focuses on the most important stages of enforcement and implementation of the principles of circular economy in Japan in terms of the reasons for and the consequences from the emergence and development of the circular resource-saving model in the country. It discusses the transition to an environment-friendly economic model, its importance for people’s health and relevance to the needs of the modern society. The systematic role of Japan’s regulatory framework is considered in terms of the implementation of a cyclical environment-friendly economic model and policies intended to strengthen public-private partnerships and promote the circular economy among a wide range of stakeholders. It also discusses the application of the ISO14001 international standard in Japan and presents several indicative circular business models successfully implemented in Japanese companies. Classification-JEL: Q5; Q28; H71; K32 Keywords: Enforcement and implementation of the principles of circular economy, Japan’s model of transition to a circular economy, circular economy models Journal: Economic Archive Pages: 34-47 Issue: 3 Year 2022 File-URL: http://hdl.handle.net/10610/4700 Handle: RePEC:dat:earchi:y:2022:i:3:p:34-47 Template-Type: ReDIF-Article 1.0 Author-Name: Petya Koralova-Nozharova Author-Workplace-Name: Economic Research Institute at BAS Author-Name: Shteryo Nozharov Author-Workplace-Name: UNWE Title: The Digitalization Of Transport Infrastructure And Its Impact On Human Resource Management Abstract: The article aims to analyze the effects of the pandemic related to COVID-19 on the process of digitalization of human resources in the management of infrastructure sites in the field of transport sector. It also discusses the dilemma between goal #8 of the UN SDG for high employment of the population and digitalization of the processes and human resource management. They will require using only highly qualified personnel and less human factor. Those processes can increase labour productivity and economic growth at the cost of negative effects on total demand, social inequality, and employment. Classification-JEL: R49; J24 Keywords: digitalization, human resources, transport infrastructure Journal: Economic Archive Pages: 48-67 Issue: 3 Year 2022 File-URL: http://hdl.handle.net/10610/4701 Handle: RePEC:dat:earchi:y:2022:i:3:p:48-67 Template-Type: ReDIF-Article 1.0 Author-Name: Rosen Kolev Author-Workplace-Name: “St. Cyril and St. Methodius” University of Veliko Tarnovo Title: Alternative Accounting Approach For Electricity Compensations To Industrial Enterprises Abstract: The growing prices of the main production resources have led to a common European policy in support of economic subjects. The established mechanisms also concern the electricity consumed by non-domestic end users. The industrial sector in Bulgaria is energy-intensive and the accounting for the electricity costs and the compensations for their high prices has become increasingly relevant because of the direct influence on the cost price and sale price of the provided services and the produced goods. The development of an alternative accounting approach for the compensations to industrial enterprises facilitates making operative, strategic, and tactical decisions concerning their activity. Classification-JEL: M41; L60 Keywords: management accounting, costs, alternative approach, electricity, industrial enterprises Journal: Economic Archive Pages: 68-82 Issue: 3 Year 2022 File-URL: http://hdl.handle.net/10610/4702 Handle: RePEC:dat:earchi:y:2022:i:3:p:68-82