scholarly journals MACROECONOMIC MOVEMENTS OF THE WESTERN BALKAN COUNTRIES ECONOMY / MAKROEKONOMSKA KRETANJA PRIVREDE ZEMALJA ZAPADNOG BALKANA

2019 ◽  
Vol 16 (2) ◽  
Author(s):  
Dragana Milić ◽  
Zorka Grandov ◽  
Maja Đokić
Keyword(s):  
Developing Countries ◽  
Comparative Analysis ◽  
Statistical Analysis ◽  
Business Cycles ◽  
Empirical Research ◽  
Economic Crisis ◽  
Economic History ◽  
Western Balkans ◽  
Balkan Countries ◽  
Selection Of

The aim of this research is to determine based on a statistical analysis of the macroeconomic trends, the achieved level of recovery and development in the economy of the Western Balkan countries after 2008. In the global economic history, 2008 will be remembered as the year in which many developed and developing countries faced an economic crisis, which was reflected in the decline in general economic indicators.Some experts explain economic crises and recession as accumulated imbalances in relations between basic macroeconomic aggregates and in that sense the crisis is just one of the stages in business cycles. The paper deals with theoretical views regarding this topic, and the conducted empirical research included four countries of the Western Balkans, Serbia, Croatia, Montenegro and Bosnia and Herzegovina. The survey gives a clear overview of the macroeconomic trends of the Western Balkan countries with appropriate explanations, which enabled the selection of countries by set criteria. Comparative analysis between countries pointed to good and bad macroeconomic trends in certain periods.

Strategic and Legal Framework of Torrential Flood Control in Some Western Balkan and EU Countries

2022 ◽  
pp. 42-73
Author(s):  
Nada Dragović ◽  
Tijana Vulević ◽  
Muhamed Bajrić ◽  
Johannes Huebl ◽  
Paolo Porto ◽  
...  
Keyword(s):  
Comparative Analysis ◽  
Flood Control ◽  
Legal Framework ◽  
Flood Protection ◽  
Western Balkans ◽  
Eu Countries ◽  
Advantages And Disadvantages ◽  
Balkan Countries ◽  
Torrential Flood ◽  
Legal Frameworks

The EU countries are obliged to harmonize their legislation in the field of flood protection, and thus torrential floods, in accordance with the Water Framework Directive (WFD) which was adopted in 2000. Two EU countries, Austria and Italy, and three Western Balkan countries were selected for the strategic and legal framework of torrential flood control: Serbia, North Macedonia, and Bosnia and Herzegovina. In addition to the legal framework of torrential flood control in EU countries, policies and strategies related to this area were studied for comparative analysis with non-EU countries. The strategic framework for the protection of water resources, and in particular torrential flood protection, is lacking in all Western Balkan countries. The aim of this chapter is to determine the directions of future strategic directions and torrential flood control policies in the Western Balkans based on the experiences of EU countries, advantages and disadvantages of the existing strategic, and legal frameworks.

The impact of the economic crisis on media corruption: A comparative study in South and North Europe

2020 ◽  
pp. 174804852094275
Author(s):  
Theodora A Maniou ◽  
Elena Ketteni
Keyword(s):  
Developing Countries ◽  
Comparative Analysis ◽  
Comparative Study ◽  
Economic Crisis ◽  
The North ◽  
Global Economic Crisis ◽  
The Media ◽  
Media Systems ◽  
The Impact

Although extensive research has been conducted into the role of the media in fighting corruption, media organisations and journalists themselves are not immune to it. The issue of corruption in the media remains understudied and has thus far mainly focused on case-studies of specific countries characterised by corruption as a core societal characteristic, as well as of under-developed and developing countries. This study focuses on the issue of media corruption in Europe, based on a comparative analysis between countries of the South and North, investigating the impact of the global economic crisis on media corruption. The research presents clear evidence of increased indications of media corruption in the North of Europe in comparison to the media systems of the European South, the area most affected by the global economic crisis.

scholarly journals Empirical research of foreign direct investment determinants in developing countries: A case study of the Western Balkan countries

Bankarstvo ◽  
2020 ◽  
Vol 49 (4) ◽  
pp. 42-67
Author(s):  
Zoran Papović ◽  
Željko Dević ◽  
Nikola Radivojević
Keyword(s):  
Developing Countries ◽  
Empirical Research ◽  
Inflation Rate ◽  
Foreign Direct Investments ◽  
Technology Transfers ◽  
Risk Indices ◽  
Balkan Countries ◽  
The One ◽  
Foreign Direct Investment Determinants

This paper presents the results of an original empirical research of the effects and the importance of foreign direct investments on the economic development of developing countries, as well as the determinants of attracting them, with particular reference to European developing countries, which was conducted using panel data through an example of selected Western Balkan countries: Serbia, Montenegro, Bosnia and Herzegovina and Macedonia. The research was conducted during the period from 2000 to 2017. The research results show that there is no statistically significant connection between political risk indices, GDP and unemployment rates and technology transfers, on the one hand, and FDI inflow rates, on the other. The results of the analysis reveal that the FDI rate is inversely proportional to the inflation rate in the host country.

scholarly journals Loan portfolio and nonperforming loans in Western Balkan Countries

2019 ◽  
Vol 7 (4) ◽  
pp. 10-20
Author(s):  
Qazim Tmava ◽  
Ajtene Avdullahi ◽  
Besë Sadikaj
Keyword(s):  
Developing Countries ◽  
Comparative Analysis ◽  
Financial Crisis ◽  
Banking Sector ◽  
Global Financial Crisis ◽  
Controversial Issues ◽  
Loan Portfolio ◽  
Nonperforming Loans ◽  
Balkan Countries ◽  
Macroeconomic Indicators

Non-performing loans (NPLs) present one of the most controversial issues in both developed and developing countries. The main purpose of this paper is to analyze and compare the loan portfolio and NPLs in the Western Balkan countries: Albania, Bosnia and Herzegovina, Kosovo, Macedonia, Montenegro, and Serbia for the period 2008-2015. Besides, this research aims to make a comparative analysis of some other macroeconomic indicators and industry factors that affect them such as GDP, banking sector assets, loan portfolio, asset participation in GDP, credit participation in GDP, deposit credit ratio, the NPL report on total loans. The results show that the NPL have had a growing trend in the post-global financial crisis, with different variations. In this regard, the highest rate of NPL reflects Serbia, Albania, followed by Montenegro, B&H, and Macedonia, while the lowest rate is in Kosovo.

scholarly journals Pollution data tracking in the Western Balkan countries: A state-of-the-art review

2008 ◽  
Vol 12 (4) ◽  
pp. 105-112 ◽  
Author(s):  
Gordana Stefanovic ◽  
Miroslav Trajanovic ◽  
Neven Duic ◽  
Martina Ferk
Keyword(s):  
Water Quality ◽  
Comparative Analysis ◽  
Soil Degradation ◽  
Western Balkans ◽  
Balkan Countries ◽  
Data Tracking ◽  
Regional Projects ◽  
State Of The Environment ◽  
The Impact ◽  
Mapping Exercise

As part of the FP6 Program, a project named WEB-ENV 'Development of environ- mental guidelines for the region of Western Balkans' dealt with the state of the environment in the region of the West Balkan countries: Albania, Bosnia and Herzegovina, Croatia, FYR Macedonia, Montenegro, and Serbia. The parameters which were observed were air and water quality, solid waste pollution, soil degradation, and state of biodiversity. The results are presented as an extended mapping exercise identifying major environmental problems in each country. This paper outlines the comparative analysis of the parameters observed in the project and their respective resources. This paper also presents the impact of some polluters on the environmental condition of the countries surrounding Western Balkans. The analysis of data proves that certain areas have insufficient parameters especially in the field of ground water quality and soil degradation. Another problem in the comparative analysis was discrepancy of year of data collection. In order to get a better understanding of the environmental issue in the region it has been determined that it is necessary to provide comprehensive data monitoring via regional projects on the territory of the Western Balkans.

scholarly journals THE IMPACT OF CORRUPTION ON STARTING THE NEW BUSINESSES - COMPARATIVE ANALYSIS OF WESTERN BALKAN COUNTRIES AND DEVELOPED EUROPEAN COUNTRIES

TEME ◽  
2019 ◽  
pp. 527
Author(s):  
Vinko Lepojevic ◽  
Maja Ivanović Djukic ◽  
Suzana Stefanović
Keyword(s):  
Comparative Analysis ◽  
Negative Impact ◽  
European Countries ◽  
Western Balkans ◽  
Negative Effects ◽  
Initial Assumption ◽  
Balkan Countries ◽  
New Business ◽  
Construction Permit ◽  
The Impact

This paper analyzes the impact of corruption on the establishment of new businesses through a comparative analysis of the Western Balkan countries and the developed European countries. The aim of the paper is to examine whether corruption affects the establishment of new businesses, and to identify areas that are important for starting a new business in which corruption is most present, as well as to propose measures that can mitigate the negative effects of corruption and, consequently, make more supportive environments for development of entrepreneurship. Our initial assumption is that corruption has a negative impact on the development of entrepreneurship. In order to check this hypothesis, the method of correlation and regression analysis was applied in research of corruption impact on entrepreneurship development based on a sample of 25 countries. The results of our research have shown that corruption has had a negative and statistically significant impact on the establishment of new businesses. Also, our research has shown that the impact of corruption on the development of entrepreneurship is higher in countries characterized by an insufficiently stable and underdeveloped macroeconomic environment such as the Western Balkans countries, compared to developed European countries. As study has shown, obtaining construction permit and registering property are the areas in which corruption is most pronounced.

scholarly journals Comparative analysis based on new competitiveness index

2012 ◽  
Vol 59 (1) ◽  
pp. 105-115 ◽  
Author(s):  
Nebojsa Savic
Keyword(s):  
Developing Countries ◽  
Comparative Analysis ◽  
Eastern Europe ◽  
Economic Crisis ◽  
South Eastern ◽  
Current Economic Crisis ◽  
South Eastern Europe ◽  
Competitiveness Index ◽  
The Difference

The current economic crisis points out to an even greater need to improve competitiveness. Since 2005, numerous developing countries have succeeded in increasing their competitiveness scores and decreasing the difference relative to advanced countries. The countries of Central and South Eastern Europe, to which Serbia belongs, have recorded an increase in their score by 0.3 on average, whereby the region of South Eastern Europe has achieved poorer results. During the period 2005-2011, Serbia recorded an increase in its score by 0.5, from 3.38 to 3.88. In 2011, Serbia was ranked 95th among 142 countries, with the score of 3.88. This is a decline relative to 2008 and 2005, when Serbia was ranked 85th with the scores of 3.38 and 3.90 respectively. However, this increase was not sufficient to improve Serbia?s ranking, which shows that other countries were more successful. This faces Serbia with the task to strengthen its efforts towards improving competitiveness.

Scientific methodological approaches to the developmentof strategy of sustainable development of territorial communities

2019 ◽  
pp. 71-80
Author(s):  
Olexander Martynyuk ◽  
Inna Studennikova ◽  
Volodymyr Hromozdov ◽  
Victor Maliarevsky
Keyword(s):  
Sustainable Development ◽  
Comparative Analysis ◽  
Empirical Research ◽  
Working Group ◽  
Swot Analysis ◽  
Expert Evaluation ◽  
Analysis Methods ◽  
Methodological Approaches ◽  
Structured Approach ◽  
Developing Strategies

The purpose of the article is to propose methodological assistance to the selfgovernment system in developing strategies for sustainable development of territorialcommunities. Methodology. The research used the works of foreign and domesticspecialists involved in the development of sustainable development strategies.Authors applied methods of scientific comparative analysis, general scientificmethods of theoretical, empirical research and a method of expert evaluation. Scientificnovelty includes clear well-structured approach to identification of what is neededto develop a strategy of territorial communities’ development, important tasks fora working group, SWOT analysis methods, what should be analysed to achievestrategic goals and consistency of organizational details. Conclusions. Complianceto the proposed scientific methodological approaches to the development of thestrategies of territorial communities’ sustainable development enables the communityto obtain a strategic algorithm for its sustainable development.

Assessment of small businesses activities in Ukraine

2019 ◽  
pp. 40-47
Author(s):  
Igor Ponomarenko ◽  
Kateryna Volovnenko
Keyword(s):  
Comparative Analysis ◽  
Statistical Analysis ◽  
Small Business ◽  
Small Businesses ◽  
Government Agencies ◽  
Small Enterprises ◽  
The Subject ◽  
Business Entities ◽  
The Impact ◽  
Micro Enterprises

The subject of the research is a set of approaches to the statistical analysis ofthe activities of small business entities in Ukraine, including micro-enterprises. The purpose of writing this article is to study of the features of functioningof small business entities in Ukraine. Methodology. The research methodology isto use a system-structural and comparative analysis (to study the change in thenumber of small enterprises by major components); monographic (when studyingmethods of statistical analysis of small businesses); economic analysis (when assessing the impact of small business entities on socio-economic phenomena andprocesses in Ukraine). The scientific novelty consists to determine the features ofthe functioning of small businesses in Ukraine in modern conditions. The influenceof the activities of the main socio-economic and political indicators on the activities of small enterprises in recent periods of time has been identified. It has beenestablished that there is flexibility in the development of strategies by small businesses in conditions of significant competition, which makes it possible to quicklyrespond to changing situations in specific markets. Conclusions. The use of acomprehensive statistical analysis of small businesses functioning in Ukraine willallow government agencies to develop a set of measures to optimize the activitiesof these enterprises, which ultimately will positively affect the strengthening oftheir competitiveness and will contribute to the growth of the national economicsystem.

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