IDEAS home Printed from https://ideas.repec.org/a/neo/journl/v4y2007i3p12-33.html
   My bibliography  Save this article

The Regulation Of The Wage – A Factor For The Effective Socio-Economic Policy Of The Country

Author

Listed:
  • GEORGI P. GEORGIEV

    (South-west university "Neofit Rilski")

Abstract

This state scrutinizes a very important and interesting problem in the practice,concerning the place of the economic category wage. For this purpose, the author desribes the significant, material and most characteristic circumstances and dependecies of the wage from all the socio-economic factors that regulate its level and dynamics, taking for base world-wide known definitions about the essence of the labour salary. What is scrutinized as well: - the dependencies of the wage with the demand and supply; - the cost for the livelihood of employees that areat different level of management; - the productivity of the labour, GDP, the profit of the company, the participation of the state in the management of the socio-economic sphere, etc. In this connection the appropriate critical estimates of the existing practice are made, and new methods and approaches for improvement and optimization of the business are offered. The revealing of the trends for the last years, as well as the valuations, analysis, and interactions made, show the extraordinary significance of the process of regulating the wage, especially in the context of the conducted socio-economic policy in Bulgaria. In this term, the ascertainments demonstrate that each “underestimation” or “overloading” of the regulatory functions with useless or state regulated dependencies in addition could establish meaningful difficulties in the process for determination and negotiation of the wage, and thus– in the behaviour of various,social subjects, andlast but not least – a reflection of the overall motivation and interest of the human factor in the production.

Suggested Citation

  • Georgi P. Georgiev, 2007. "The Regulation Of The Wage – A Factor For The Effective Socio-Economic Policy Of The Country," Economics and Management, Faculty of Economics, SOUTH-WEST UNIVERSITY "NEOFIT RILSKI", BLAGOEVGRAD, vol. 3(4), pages 12-33.
  • Handle: RePEc:neo:journl:v:4:y:2007:i:3:p:12-33
    as

    Download full text from publisher

    File URL: http://em.swu.bg/images/SpisanieIkonomikaupload/SpisanieIkonomika2007/THE%20REGULATION%20OF%20THE%20WAGE%20%20A%20FACTOR%20FOR%20THE%20EFFECTIVE%20SOCIOECONOMIC.pdf
    Download Restriction: no

    File URL: http://em.swu.bg/index.php?option=com_content&view=article&id=415:the-regulation-of-the-wage-a-factor-for-the-effective-socio-economic-policy-of-the-country&catid=24:2007&Itemid=116
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:neo:journl:v:4:y:2007:i:3:p:12-33. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Vladislav Krastev (email available below). General contact details of provider: https://edirc.repec.org/data/feswubg.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.