Part I: Macroeconomic Theory and Challenges of Global
Recession: the Change of the Macroeconomic Paradigm
Praščević Aleksandra
GLOBAL ECONOMIC RECESSION AND CHANGE OF DOMINANT MACROECONOMIC
PARADIGM ........................................................ 3
Jakšić Miomir
MACROECONOMICS AND 2008 GREAT ECONOMIC CRISIS .................. 15
Petrović Dragan, Stefanović Zoran
CRITICAL REVIEW OF THE CONCEPT OF RATIONALITY IN THE ECONOMIC
THEORY ......................................................... 25
Radonjić Ognjen, Zec Miodrag
MINSKIAN ANALYSES OF CURRENT ECONOMIC DOWNTURN: DYNAMICS OF
CONTEMPORARY SPECULATIVE FINANCIAL MARKETS ..................... 37
Guichard Jean-Paul
IS IT REALLY NECESSARY TO DEVELOP FINANCE? ..................... 49
Petrović Vujačić Jelica
THE US RECESSION AND ITS GLOBAL ASPECTS ........................ 55
Kostovska Ljubica
THE CURRENT ECONOMIC CRISIS AND UNSUSTAINABLE NEO-LIBERAL
THEORY ......................................................... 63
Part II: New Role of Government and Institutions in Economic
Policy Making
Arandarenko Mihail, Golicin Pavle
SOCIAL AND LABOUR MARKET IMPACT ANALYSIS OF POLICY RESPONSES
OF THE WESTERN BALKANS COUNTRIES TO THE GLOBAL ECONOMIC
CRISIS ......................................................... 71
Dragutinović Mitrović Radmila, Žarković Rakić Jelena
CAN TAX CUTS BOOST EMPLOYMENT IN SERBIA? ....................... 83
Prašnikar Janez, Koman Matjaž, Valentinčič Aljoša, Trobec
Domen
A CRISIS OF WORKING PLACES AND WELFARE ACCOUNTS: THE CASE
OF SLOVENIA .................................................... 95
Muštra Vinko, Grčić Branko, Burnać Paško
SOURCES OF SPATIAL DIFFERENCES IN WAGES: ANALYSIS FOR THE
REGION OF CROATIA .......................................... 109
Petrevski Goran, Jovanovski Kiril
THE GLOBAL FINANCIAL AND ECONOMIC CRISIS: ITS IMPACT ON
MACEDONIA ..................................................... 119
Nakov Leonid, Tevdovski Dragan, Trpkova Marija
THE IMPACT OF GLOBAL RECESSION AND THE POLICY RESPONSE - THE
CASE OF THE MACEDONIAN ECONOMY ................................ 129
Krešo Sead, Lazović-Pita Lejla
INCOME TAX REFORM IN BOSNIA AND HERZEGOVINA ................... 137
Labus Miroljub
RECESSIONARY IMPACT OF THE MONETARY POLICY IN SERBIA .......... 147
Šimović Hrvoje, Bratić Vjekoslav
EFFICIENCY OF TAX INCENTIVES IN CROATIA ....................... 157
Llorca Matthieu, Redžepagić Srđan
ASYMMETRIC IMPACTS OF GLOBAL RECESSION IN CENTRAL AND
EASTERN EUROPEAN COUNTRIES: "SOFT LANDING" VERSUS "HARD
LANDING" ..................................................... 167
Lovreta Stipe, Manić Emilija, Stojković Dragan
MODEL FOR MANAGING TRADE POLICY IN CREATING MODERN MARKET
ECONOMY ....................................................... 175
Bjelić Predrag, Popović Petović Ivana
ADMINISTRATIVE TRADE BARRIERS AND TRADE FACILITATION .......... 185
Naço Manjola, Hasanaj Erald, Guçe Enejda
EXTERNAL TRADE AND NON TARIFF BARRIERS IN ALBANIA ............. 199
Ćorić Tomislav, Cvrlje Dijana
CENTRAL BANK INDEPENDENCE: THE CASE OF CROATIA ................ 209
Suslov Nikita
DUALITY OF SOCIAL DIVERSITY: QUALITY OF INSTITUTIONS AND
ECONOMIC DEVELOPMENT .......................................... 221
Zarić Siniša
THE LEVEL OF SOCIAL CAPITAL IN SERBIA: PROBLEMS AND
PROSPECTS IN RECESSION ........................................ 233
Berthomieu Claude, Ri Anastasia, Suleymenova Kamilya,
Syssoyeva-Masson Irina
RETHINKING ECONOMIC SECURITY FOR CHALLENGING THE CRISIS ....... 241
Jović Danica
REFORMS IN PUBLIC SECTOR AND ACCOUNTING ....................... 251
Rikalović Gojko, Knežević Borisav
SERBIAN PUBLIC PROCUREMENT SYSTEM: NOVELTIES, CHALLENGES,
ANTICORRUPTION ................................................ 263
Lampe R. John
ECONOMIC PROGRESS REPORT ON THE WESTERN BALKANS: EMBRACING
DEMOCRACY AND THE EU .......................................... 273
Part III: The Impact of Global Recession - EU Accession Countries
Prica Ivana, Uvalic Milica
THE IMPACT OF THE GLOBAL ECONOMIC CRISIS ON CENTRAL AND
SOUTHEAST EUROPE .............................................. 283
Jovičić Milena
THE ONSET OF THE ECONOMIC CRISIS IN THE WEST BALKANS .......... 297
Bartlett William
ECONOMIC DEVELOPMENT IN THE EUROPEAN SUPER-PERIPHERY:
EVIDENCE FROM THE WESTERN BALKANS ............................. 309
Cerović Božidar
TRANSITION, TRANSITION PROGRESS AND GLOBAL CRISIS: SERBIA
AND OTHER COUNTRIES ........................................... 321
Uruci Esmeralda, Borici Begani Albana
THE IMPACT OF THE ACTUAL GLOBAL CRISIS IN THE ALBANIAN
ECONOMY AND BUSINESS .......................................... 333
Bilbilovska Gordana, Bilbilovska Ivana
WILL THE GLOBAL RECESSION POSTPONE EU ENTRANCE FOR THE
"BALKAN WAITERS"? ............................................. 343
Kovačević Radovan
THE IMPACT OF ECONOMIC CRISES ON FOREIGN DIRECT INVESTMENT
FLOWS IN WESTERN BALKAN COUNTRIES ............................. 353
Lipovina Božović Milena, Božović Borko
FOREIGN DIRECT INVESTMENTS AND MACROECONOMIC STABILITY IN
MONTENEGRO: IMPACT OF GLOBAL FINANCIAL CRISIS ................. 365
Gligorić Mirjana, Randelović Saša, Marković Dušan
DETERMINANTS OF FOREIGN DIRECT INVESTMENTS - EXPERIENCE OF
SERBIA ........................................................ 377
Bucevska Vesna, Bucevska Jasmina
ECONOMETRIC ESTIMATION OF THE IMPACT OF ECONOMIC CRISIS ON
REMITTANCES FLOWS FROM GERMANY TO MACEDONIA ................... 391
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