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...

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...

Since Serbia signed Stabilization and Association Agreement and was granted EU candidate status, harmonization of legal system with the acquis communautaire became its formal obligation. This process is neither simple nor short-period activity. Every candidate country has to perform enormous...

The chapter explores current stance of developments in Serbian credit market, by looking at credit aggregates and interest rates. Although, there are signs of weak credit market, full scale credit crunch is so far avoided thanks to efforts coordinated by the key stakeholders: IMF, National Bank...

Serbian economy has been severely affected by the latest global economic crisis. After salient slowdown in the last quarter of 2008, the national economy went into recession that was followed by gradual reductions in GDP and employment, transient fall in the rate of inflation and sustained rise...

The aim of this chapter is to examine whether corporate governance in Serbia is based on affirmation of responsible and ethical conduct. The concept of corporate governance refers to the system by which companies are managed and controlled in order to generate long term economic value for its...

Structural change is a phenomenon that is experienced as a result of changes that are affecting economic and social environment in a certain country. In 2000 Serbia has entered into a long period of economic transition. Since, it has gone through a harsh economic structural change. Following the...

Since its creation, the euro has raised high expectations among the investors and within the countries that chose to adopt it. This chapter aims to study the possibility of the European single currency becoming an international reserve currency. With the financial crises that started in August...