Non-performing loans represent a very important indicator of the banking sector stability and, at the same time, of the financial system of an economy. A high share of non-performing loans in the structure of total loans can represent a potential cause of the insolvency of the banking system and...

The paper analyzes the determinants of bank net interest margin in the selected Southeast European countries in the period from 2012 to 2021. The group includes the countries with similar socio-economic features and financial system. The aim of the paper is to identify the common determinants of...

This research aims to determine the determinants of entrepreneurs, who are also business angels in Southeast Europe. Using the Global Entrepreneurship Monitor (GEM) database, 8002 entrepreneurs were identified, of which 408 are business angels. Empirical analysis was performed using the SPSS...

The underying idea behand the foundation of the European Union is a single, integrated and competitive market. The future of the entire Western Balkans region (Albania, Bosnia and Herzegovina, Kosovo*, Montenegro, North Macedonia and Serbia) lies within the European Union. The main purpose of...

The ability of the national economy to create and to valorize innovations on the market in order to produce economic goods represents its national innovation capacity, which is at the same time a key determinant of countries' economic progress. Due to this fact, its relevance imposes the task of...

The issue of security and safety i s a fundamental condition for stable economic trends. Military expenditure can be a very powerful tool for a rapid economic growth. The paper examines the long-run relationship between military expenditure and economic growth in the selected Balkan countries,...

In order to improve the competitive position and ensure continuous and sustainable economic growth in the international market, Western Balkan countries have recognized export sectors and branches as success generators. However, the low accumulation of economies in the region and insufficient...

This paper analyses trends in three key aspects of economic globalization: international trade, foreign investment and global product chains. The paper points to downward tendencies of the world economic integration in all three segments. The paper finds that causes of these trends are not...

The degree of increased indebtedness in the Western Balkan countries is generated by increasing consumption in terms of increased economic growth and structural reforms. Although these countries have shown an increase in exports and foreign direct investment over the past few years, the current...

Globalization is a process often identified with the economic integration of countries, the creation of a single market while neglecting other aspects of globalization. Besides its economic dimension, The KOF index of globalization includes the social and political dimensions. One of the...