This chapter highlights the importance of enhancing the market economy and its chain and significance of a higher degree of exploiting the natural potentials of individual regions by emphasising the fundamental characteristics of the agricultural production in the Republic of Serbia and by...

Slovakia has realised several reforms after year 2000. One of the first reforms was restructuring of banking sector at the level of commercial banks and central bank, too. General conditions were harmonised with European standards. Stabilised and sound bank sector enabled application of other...

This chapter analyses the spread of the sovereign debt crisis in the Eurozone. To this end we employ three approaches. The first approach employs univariate autoregressive models. These allow the identification of shocks to government bond yields in Portugal, Italy, Ireland, Greece, Spain and...

The main aim of this chapter is to investigate and analyse the necessity of formal and informal education in the field of the entrepreneurship and SMEs management in the Republic of Macedonia as a key factor for human resource upgrade. This phenomenon was investigated from two perspectives, the...

The increase in both public and private indebtedness has been one of the main macroeconomic developments in recent years. This trend has been accompanied by large current account deficits, especially in smaller countries, such as Greece and Portugal. One possible explanation for this behaviour...

This paper is focused on the process of introducing the euro in Slovak Republic. The first part analyses the strategy of monetary policy during this process, namely the inflation targeting. The second part mentions the road to European Economic and Monetary Union, particular steps and Maastricht...

A possible way to overcome the economic crisis in Portugal is rapid change in favour of an innovative approach to economic development through increasing investments in human resources and implementing new ideas in its high-tech sector, gradually shifting towards alternative energy sources.

In Serbia, as well as in all the countries in transition, the process of political and economic transition is based on the development of the private sector and entrepreneurship. This also implies creating a favourable business environment for the development of SMEs. The purpose of this chapter...

In order to improve innovation capacity across economy, economic policy should work on closing financial gap existing between capital demand and supply side. This gap comes from bank sector dominance and its characteristic as a financial source not interested in financing activities in different...

In the process of joining the European Union, it was important to harmonize the accounting system of Slovakia with the one used in the member states of the European Union. The Slovak Republic prepared a new Act on Accounting, which reached a comparability of Slovak accounting jurisdiction with...