La construction d'une Europe sociale est un thème récurrent dans l'histoire de l'Union souvent présentée comme trop libérale. En vertu du principe de subsidiarité les questions sociales relèvent pour l'éssentiel de la compétence de chaque État membre plutôt que de l'Union. Qu'il...

Until the introduction of the full accrual accounting concept in 2008, the system of governmental and private non-profit organizations in Croatia was very inconsistent, but nevertheless, withstood for a long number of years. Most of the changes were brought in for the purpose of adjusting our...

Until two years ago the majority of the world and the EU distinguished economists were convinced that the EU may proceed more quickly and efficiently forward into a brighter future abolishing Keynesian macroeconomic management and the welfare state and bringing back "flexible markets" following...

Mergers and acquisitions represent prominent phenomenon of the developed capitalist world. Growth of the company through mergers and acquisitions provides access to new markets and resources, and the success or failure is of great importance not only for the companies involved in these...

The current volume represents the outcome of the international conference “National and European Values of Public Administration in the Balkans,” organised in Bucharest on 15-16 July 2011. The conference has been organised by Jean Monnet research network dedicated to “South-Eastern...

The utilization of European Union (EU) financial assistance is one of the central issues for Member States, as well as Candidate Countries like Croatia. In order to fully gain from the allocated resources of the EU budget, each country needs an adequate absorption capacity (AC). This article is...

The transportation sector is the lifeblood of an economy. It is divided into three principal categories, i.e., modes of transportation: air, land, and water. This paper analyzes the post-financial crisis value added data for the Croatian economy (2008-2015) by analyzing the dependence of three...

Modern sovereign money is accepted as an institution in virtue of the collective intentionality of the acceptance of the sovereign status function declaration it being the official currency of a country. A status function declaration may not create money it may only create a currency. How does...

During the accounting harmonization process between the universal accounting standards of the International Accounting Standards Board and the American Financial Accounting Standards Board, the standardization of the share-based payment may be pointed out as one of the successful projects. The...

The paper deals with the transaction exposure of the Croatian shipbuilding which has the highest currency risks, the highest currency exposures, and the highest losses incurred by such exposures among all Croatian industries. The losses are mostly due to the non existent hedging practice of the...