The contemporary global economy appears to be structured around the relationships established between countries with strong foreign exchange balances and low domestic indebtedness, like China, and countries with high foreign exchange deficits and high domestic indebtedness, like the United...

In the process of preparation for membership of the European Union (EU) Western Balkans countries are obliged to harmonize their legal system with the EU law and with the rules providing the functioning of the EU internal market. The provisions regulating the banking sector are highly important...

The procedures necessary for the assessment of financial power and profitability of business operations of the enterprise "D", which are set as a goal analysis has been carried out. Procedures applied in the analysis increased the power of information and usefulness of available information,...

After more than eight years of implementing transition reforms, the economic environment in Serbia, while showing signs of progress, remains unsatisfactory. The economy of Serbia is facing too many difficulties, which are reinforced by the “spillovers” from the global financial crisis....

International capital flows, transfer of real and financial funds between different countries’ legal entities became very intensive after WWII. Importance of foreign investments in the world market is continuously growing since. The level of foreign investments has significantly fluctuated...

The global financial crisis has been threatening the banking world since 2007. The erosion of profits and rising losses of banks have been the inevitable consequence of this crisis. "The decline in bank profits was a global phenomenon" (BIS, 2009). Consequential decline in profitability during...

A large amount of studies has attempted to trace the presence of herding during extreme periods at the cross-sectional level by associating herding with the reduction in the cross-sectional dispersion of returns around the market average. In this paper we address the issue of whether the...

In this text we will show a connection between the level of corruption and the level of the FDI entering an economy. We are focusing the institutional efficiency and institutions as regulating organisms. After presenting the theoretic approach, we will to approach our theoretic conclusions on...

This paper studies relative banking efficiency in three Balkan countries: Croatia, Serbia and Slovenia. Firstly, we analyze different financial transition paths which account for present situation and have an impact on efficiency. We equally go through some macro- and micro- economic indicators...