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ERAZ 2020 / 6 - Knowledge-Based Sustainable Development - CONFERENCE PROCEEDINGS Cover Image

ERAZ 2020 / 6 - Knowledge-Based Sustainable Development - CONFERENCE PROCEEDINGS
ERAZ 2020 / 6 - Knowledge-Based Sustainable Development - CONFERENCE PROCEEDINGS

Contributor(s): Vuk Bevanda (Editor)
Subject(s): Economy, Socio-Economic Research
ISSN: 2683-5568
Published by: Udruženje ekonomista i menadžera Balkana
Summary/Abstract: Faculty of Business Studies, Mediterranean University – Podgorica, Montenegro; University of National and World Economy – Sofia, Bulgaria; Faculty of Commercial and Business Studies– Celje, Slovenia; Faculty of Applied Management, Economics and Finance – Belgrade, Serbia, College of Regional Development and Banking Institute – Ambis, Czech Republic and the Association of Economists and Managers of the Balkans have recognized following issue and organized Sixth International Scientific Conference titled: Knowledge Based Sustainable Development – ERAZ 2020 online/virtually (due to the COVID-19 pandemic) on May 21, 2020. The conference objective was to bring together academic community (experts, scientists, engineers, researchers, students and others) and publication of their scientific papers for the purpose of popularization of science and their personal and collective affirmation. Special emphasis for ERAZ 2020 is given to the key topic: Pandemic Crisis and the Sustainability. Participation in the conference took 123 researchers with the paper representing 19 different countries (Albania, Bulgaria, China, Croatia, Czech Republic, India, Italy, Montenegro, Poland, Portugal, Romania, Russia, Serbia, Slovakia, Slovenia, Spain, Ukraine, United Arab Emirates, USA)from different universities, eminent faculties, scientific institutes, colleges, and various ministries, local governments, public and private enterprises, multinational companies, associations, etc.

Series: ERAZ - International Scientific Conference

  • Print-ISBN-13: 978-86-80194-33-2
  • Page Count: 309
  • Publication Year: 2020
  • Language: English
CORONAVIRUS CRISIS AND EU ANTITRUST – JUST TEMPORARY ADAPTATIONS OR LONG-TERM CHANGES?

CORONAVIRUS CRISIS AND EU ANTITRUST – JUST TEMPORARY ADAPTATIONS OR LONG-TERM CHANGES?
(CORONAVIRUS CRISIS AND EU ANTITRUST – JUST TEMPORARY ADAPTATIONS OR LONG-TERM CHANGES?)

  • Author(s):Václav Šmejkal
  • Language:English
  • Subject(s):Supranational / Global Economy, Health and medicine and law, Socio-Economic Research
  • Page Range:1-8
  • No. of Pages:8
  • Keywords:Coronavirus; Antitrust; European Commission; Chinese State-owned enterprises; Online platforms.
  • Summary/Abstract: The European Commission and the competition authorities of the EU member states re-sponded to the coronavirus crisis with assurances about sufficient flexibility of their instruments. They enabled temporary cooperation between competitors to ensure the supply of essential medical products and services. At the same time, they warned against any misuse of the crisis for overpricing or other monopolistic practices. However, the crisis has also intensified long-term pressures for a fundamental adaptation of European competition rules. The first challenge is represented by Chinese state-backed enterprises as potential acquirers of weakened European competitors. The second source of pressure is the increasingly dominant role of global online platforms. Their role as an irreplaceable infrastructure for management, communication, counselling and distance learning was reinforced in the coronavirus crisis. The Commission and other experts are already discussing appropriate responses. This paper maps the discussion on possible EU responses to these challenges, and tries to show the strengths and weaknesses of the proposed solutions and on this basis to estimate the future development of EU anti¬trust in the post-coronavirus period.
THE COVID-19 PANDEMIC - HOW WELL ARE WE BALANCING HEALTH, FREEDOM, AND THE ECONOMY?

THE COVID-19 PANDEMIC - HOW WELL ARE WE BALANCING HEALTH, FREEDOM, AND THE ECONOMY?
(THE COVID-19 PANDEMIC - HOW WELL ARE WE BALANCING HEALTH, FREEDOM, AND THE ECONOMY?)

  • Author(s):Fedeli Piergiorio, Cingalani Mariano, Nunzia Cannovo, Robertp Scendoni, Rosa Guarino
  • Language:English
  • Subject(s):Health and medicine and law, Socio-Economic Research
  • Page Range:9-14
  • No. of Pages:6
  • Keywords:COVID-19 pandemic; Healthcare economy; Community health.
  • Summary/Abstract:The worsening healthcare emergency with the COVID-19 pandemic has demanded a prompt reaction from authorities to contain the damage related to the spread of the virus. Our aim is to provide a bioethical contribution, with a careful analysis about the balance of individual rights with those of the whole community. The protection of the right to health in the emergency phase, with the restriction of the right to work and other rights, can have long-term negative consequences on the economy, with fallout affecting funding for the healthcare system as well. The right to health in its community dimension can sometimes clash with the protection of the sacrosanct dignity of the individual. Choices to protect health may have social and economic repercussions that could undermine the stability of many national governments.
A PERSPECTIVE OF MONETARY POLICIES WITHIN CHINA AND EU TOWARDS COVID-19

A PERSPECTIVE OF MONETARY POLICIES WITHIN CHINA AND EU TOWARDS COVID-19
(A PERSPECTIVE OF MONETARY POLICIES WITHIN CHINA AND EU TOWARDS COVID-19)

  • Author(s):Yuanxin Li
  • Language:English
  • Subject(s):Social Sciences, Financial Markets
  • Page Range:15-20
  • No. of Pages:6
  • Keywords:COVID-19, EU; China; Macroeconomic policy; Monetary policy.
  • Summary/Abstract:COVID-19 has shut down the real economy since its outbreak by assaulting the society and its system, which was affected directly or indirectly, including the significant decrease of demand, huge shock of supplies, highly nervous and volatile of the financial market and the overall deterioration of the economic index. With the spread of the epidemic around the world, major economies have continuously introduced extraordinary economic policies to respond. This paper attempts to systematically sort out and analyze the characteristics and development of the epidemic, its impact mechanism, transmission path and actual impact on the global economy, as well as the response models, main goals and measures of macroeconomic policies of EU and China. It compares the macroeconomic policies by China and EU fighting against the COVID-19 and promoting the economy horizontally and vertically.
THE IMPACT OF THE PANDEMIC CRISIS ON SALES BUSINESSES – CASE STUDIES

THE IMPACT OF THE PANDEMIC CRISIS ON SALES BUSINESSES – CASE STUDIES
(THE IMPACT OF THE PANDEMIC CRISIS ON SALES BUSINESSES – CASE STUDIES)

  • Author(s):Sandra Mrvica Mađarac, Marko Eljuga, Zvonimir Filipović
  • Language:English
  • Subject(s):Business Economy / Management, Socio-Economic Research
  • Page Range:21-26
  • No. of Pages:6
  • Keywords:Pandemic crisis; Impact on sales business; Changes in the sales operations; Decision of The Civil Protection Headquarters; Companies.
  • Summary/Abstract:The entire world is facing with the impact and consequences of the COVID 19 pandemic, what is reflected in various spheres of social life. In the conditions of the crisis management, companies are forced to adapt to the new situation in order to survive on the market. Sales companies have had to make changes in their former business; namely in their organization, logistics, retail supply channels that are now oriented towards the online sales without contact when delivering to customers. The Civil Protection Headquarters of the Republic of Croatia has brought a Decision by which are regulated the working hours and the method of work in the trade business during the Coronavirus epidemic, according to which it is obligatory for all stores to organize their work in compliance with general anti-epidemic measures and special recommendations of the Croatian Institute of Public Health. In the paper are listed and analyzed changes in the sales operations of the two companies due to the pandemic crisis; one company deals with the sale of agricultural machinery and the other with the sale of food products.
THE ROLE OF THE FIRM IN FIGHTING POVERTY DURING THE PANDEMIC: THE ITALIAN SYNERGY OF BARILLA-CARITAS

THE ROLE OF THE FIRM IN FIGHTING POVERTY DURING THE PANDEMIC: THE ITALIAN SYNERGY OF BARILLA-CARITAS
(THE ROLE OF THE FIRM IN FIGHTING POVERTY DURING THE PANDEMIC: THE ITALIAN SYNERGY OF BARILLA-CARITAS)

  • Author(s):Annalisa Baldissera
  • Language:English
  • Subject(s):Health and medicine and law, Socio-Economic Research
  • Page Range:27-35
  • No. of Pages:9
  • Keywords:Business economics; Economic crisis; Poverty; Emergency; COVID-19.
  • Summary/Abstract:The aim of this research is to study firms as a means of distribution, and not only of production, of wealth. In crisis and emergency situations, such as the one caused by the COVID-19 pandemic, a particularly serious problem of growing and widespread poverty emerges. The author believes that in these situations the ethical function of firms becomes central. This function can be carried out effectively not only through the efficient management of the firm, but also through ethical actions, as the creation of alliances and synergies between businesses and the Church, which help the processes of distribution of wealth in society, in general, and in the weaker social classes in particular.
CRISIS MANAGEMENT OF PRIVATE KINDERGARTENS IN CHINA UNDER COVID-19 EPIDEMIC SITUATION

CRISIS MANAGEMENT OF PRIVATE KINDERGARTENS IN CHINA UNDER COVID-19 EPIDEMIC SITUATION
(CRISIS MANAGEMENT OF PRIVATE KINDERGARTENS IN CHINA UNDER COVID-19 EPIDEMIC SITUATION)

  • Author(s):Nataliya Stoyanets, Yuanyuan Xia, Viktoriia Tkachenko
  • Language:English
  • Subject(s):Health and medicine and law, Socio-Economic Research
  • Page Range:37-42
  • No. of Pages:6
  • Keywords:COVID-19 virus; Manager; Internal management; Public interest kindergarten.
  • Summary/Abstract:Since the outbreak of COVID-19, private kindergartens in China have encountered a crisis of survival and development. Whether private kindergartens can successfully overcome difficulties is related to the development goal of preschool education and more children’s enrollment needs could be met in the future. In order to realize the sustainable development of private kindergartens, literature review and interview are adopted in this paper to analyze the practical difficulties faced by private kindergartens during the epidemic. The following suggestions are proposed from the perspective of kindergarten internal management: kindergarten principals should assume the responsibility of management, adopt a variety of ways to reduce the turnover rate of kindergarten teachers, and establish the crisis management system in response to outbreaks.
NEW ROLE OF RELIGIONS IN THE PANDEMIC CONTEXT

NEW ROLE OF RELIGIONS IN THE PANDEMIC CONTEXT
(NEW ROLE OF RELIGIONS IN THE PANDEMIC CONTEXT)

  • Author(s):Roberta Santoro
  • Language:English
  • Subject(s):Health and medicine and law, Sociology of Culture, Socio-Economic Research
  • Page Range:43-49
  • No. of Pages:7
  • Keywords:Religious formations; Democracy; Europe; Faithful.
  • Summary/Abstract:The global pandemic produces rules that impose suffering on religions, which must reconsider their social role now. This entails the need to examine the rules of coexistence within societies, where Coronavirus phenomenon raises existential and religious questions. We need to look at the condition of the state of religious freedom – in the European context – referring to globalization in a climate of restriction of personal, social, and religious freedom. Complexity has undermined the role of states, the delimitation of competences regarding relations with religions. For them, building community and associations relations where religious freedom is expressed is fundamental. Believers are therefore bearers of specific interests. This particular situation calls for a new function for religions, focused on the value of the person who can lead to the common identity and guarantee «those values of social and community integration that seem particularly discovered today».
LEGAL RESTRICTIONS DUE TO CORONAVIRUS AND RIGHT TO RELIGIOUS FREEDOM

LEGAL RESTRICTIONS DUE TO CORONAVIRUS AND RIGHT TO RELIGIOUS FREEDOM
(LEGAL RESTRICTIONS DUE TO CORONAVIRUS AND RIGHT TO RELIGIOUS FREEDOM)

  • Author(s):Gaetano Dammacco
  • Language:English
  • Subject(s):Economy, Health and medicine and law, Social Norms / Social Control, Socio-Economic Research
  • Page Range:51-57
  • No. of Pages:7
  • Keywords:Religious freedom; Economic crisis; Religion’s role; New humanism.
  • Summary/Abstract:The current pandemic has created new scenarios and problems regarding religious freedom. To combat the spread of the coronavirus, governments have ordered social distance and total closure of numerous activities including the celebration of sacred rites without consulting religious authorities. Religions have accepted the restrictions with a sense of responsibility, but the sacrifice of religious freedom for the faithful has been great. In addition, the effects of the pandemic together with the negative effects of globalization will continue over time, generating economic and social damage. In addition to prayer, religions have invited the faithful to a social commitment to reduce the critical issues of the crisis and specially to combat poverty. It is therefore necessary to analyze some topics: critical issues relating to the limitation of the right to religious freedom; what problems arise in the relations between powers (civil and religious); what problems arise in relations between state and religions; how the constitutional rights of the faithful and citizens are protected; what are the legal problems internal to the different religions, considering that the judgment on the validity of online rites is different; what is the role of religions in the face of the economic crisis. For the first time since the beginning of the human rights era, there has been a serious conflict between human rights, especially for the greater protection given to the right to health. The right to religious freedom also suffered, but it must be considered that the protection of the right to religious freedom also contributes to the recovery of a „good” economy, which can counteract the negative effects of the pandemic and globalization. We must build a personalist humanism, which the alliance between religions can promote. A humanism that respects the rights and dignity of man, against the logic of profit, and that rewrites the ethical rules of the economy. Looking at the post-pandemic, religions can be the soul of the ethical and moral rules that must guide the „good economy” in society to overcome social and economic differences.
CONSTITUTIONALITY DURING TIMES OF CRISIS: ANTI-PANDEMIC MEASURES AND THEIR EFFECT ON THE RULE OF LAW IN CROATIA

CONSTITUTIONALITY DURING TIMES OF CRISIS: ANTI-PANDEMIC MEASURES AND THEIR EFFECT ON THE RULE OF LAW IN CROATIA
(CONSTITUTIONALITY DURING TIMES OF CRISIS: ANTI-PANDEMIC MEASURES AND THEIR EFFECT ON THE RULE OF LAW IN CROATIA)

  • Author(s):Ana Horvat Vuković, Valentino Kuzelj
  • Language:English
  • Subject(s):Constitutional Law, Health and medicine and law, Administrative Law
  • Page Range:59-65
  • No. of Pages:7
  • Keywords:COVID-19; Crisis measures; State of emergency; Right of ownership; Croatian Constitutional Court
  • Summary/Abstract:The Croatian constitution-maker’s dedication to the concept of a social state begets the state’s duty to care for public health. This duty is especially salient amid the SARS-CoV-2 virus pandemic. One would be well-advised to be watchful of the dangers that periods of crisis pose for the viability of liberal democracies: in Croatia, protective measures against the COVID-19 disease have been entrusted to the national Civil Protection Command in an initially illegal way. This was later on retroactively convalidated by legislative “patchwork” solutions. It is to be expected that the issue of such measures’ constitutionality will in the foreseeable future present itself on the Constitutional Court’s docket. This paper focuses on one of the most contentious measures - that of a ban on Sunday trade, particularly its implications for the economic constitutional rights such as the right of ownership and entrepreneurial freedom. Furthermore, the authors’ analysis of several Constitutional Court’s decisions from the time of the previous economic crisis will endeavor to anticipate the Court’s decisions in upcoming cases.
THE POSTAL SECTOR AT A TIME OF CRISIS CAUSED BY THE COVID-19 PANDEMIC

THE POSTAL SECTOR AT A TIME OF CRISIS CAUSED BY THE COVID-19 PANDEMIC
(THE POSTAL SECTOR AT A TIME OF CRISIS CAUSED BY THE COVID-19 PANDEMIC)

  • Author(s):Mária Rostášová, Martin Kincl
  • Language:English
  • Subject(s):Health and medicine and law, Socio-Economic Research
  • Page Range:67-74
  • No. of Pages:8
  • Keywords:Postal sector; Pandemic; Postal services; Crisis situation.
  • Summary/Abstract:The post office has already had to deal with crisis situations caused by „force majeure”. Today, it is a Covid-19 pandemic, and in the past, there have been large-scale floods, tsunami disasters, earthquakes and so on. It is in these critical situations that postal companies are very necessary for society. National postal operators are usually the only providers of the so-called universal service, without being able to refuse to provide any service falling within the scope of universal service. The aim of the paper is to analyse the recorded practices of selected postal operators and national regulatory authorities, which they adopted and implemented during the pandemic. The paper will use the method of excerpting and method of analysis (in obtaining and evaluating information about the current state of the problem) and methods of induction and deduction. The reader will get a picture of how postal companies have behaved in this critical situation. The added value of the paper is the definition of areas that need to be theoretically and practically professionally researched soon.
WILL YOUNGER PEOPLE PAY THE HIGHER PRICE OF THE PANDEMIC?

WILL YOUNGER PEOPLE PAY THE HIGHER PRICE OF THE PANDEMIC?
(WILL YOUNGER PEOPLE PAY THE HIGHER PRICE OF THE PANDEMIC?)

  • Author(s):Maruša Gorišek, Darka Podmenik
  • Language:English
  • Subject(s):Health and medicine and law, Welfare services, Socio-Economic Research
  • Page Range:75-81
  • No. of Pages:7
  • Keywords:Youth unemployment; Precarious employment; Impact of the pandemic; Structural youth unemployment.
  • Summary/Abstract:The article examines whether young people are at a greater risk of unemployment than the general population in the post-pandemic crisis. First, the authors draw attention to youth unemployment as a structural problem even before the pandemic, making young people more vulnerable. Further, the paper analyses the age structure of employed in sectors most impacted by the pandemic. The results show that disproportionally high number of young people work in the most impacted sectors, hold less secure types of employment and are thus more vulnerable and at-risk of unemployment in post-pandemic crisis. However, the impact on young will most likely not be the same in all EU countries.
PANDEMIC AND MISPROPORTIONED AGE STRUCTURE OF ACADEMIC STAFF IN UKRAINE: THREATENS AND OPPORTUNITIES

PANDEMIC AND MISPROPORTIONED AGE STRUCTURE OF ACADEMIC STAFF IN UKRAINE: THREATENS AND OPPORTUNITIES
(PANDEMIC AND MISPROPORTIONED AGE STRUCTURE OF ACADEMIC STAFF IN UKRAINE: THREATENS AND OPPORTUNITIES)

  • Author(s):Natalia Korovina
  • Language:English
  • Subject(s):Health and medicine and law, Socio-Economic Research
  • Page Range:83-89
  • No. of Pages:7
  • Keywords:Transfer of academic experience; Human capital; Emerging markets.
  • Summary/Abstract:Pandemic crisis has inevitably affected all areas of human life, education and science are no exception. One of the typical characteristics of these sectors in emerging markets is a misproportioned age structure of scientific and educational staff. The analysis covers the overall higher education system. Considering senior employees investigation shows that they are generally more qualified, more experienced, with more achievements. As it is known present pandemic threatens primarily older people. The purpose of this paper is to study the possible influence of pandemic threats on educational systems due to real and potential rapid change in working staff. The findings of this work are expected to raise awareness about the unsolved task of the high-grade transfer of experience within academic staff. It is also shown some possible steps to approach this important goal.
DIGITAL COMMUNICATIONS OF THE GOVERNMENT OF UKRAINE IN HEALTH CARE DURING THE COVID-19 PANDEMIC

DIGITAL COMMUNICATIONS OF THE GOVERNMENT OF UKRAINE IN HEALTH CARE DURING THE COVID-19 PANDEMIC
(DIGITAL COMMUNICATIONS OF THE GOVERNMENT OF UKRAINE IN HEALTH CARE DURING THE COVID-19 PANDEMIC)

  • Author(s):Alla Zinchenko, Vadym Naumov, Yana Oliinyk
  • Language:English
  • Subject(s):Public Administration, Health and medicine and law, ICT Information and Communications Technologies
  • Page Range:91-97
  • No. of Pages:7
  • Keywords:Communications for the sake of behavior change; Digital communications; Government communications.
  • Summary/Abstract:During the COVID-19 coronavirus pandemic, governments around the world faced for the first time the need for large-scale communication campaigns to prevent the spread of the global infection. Against the background of lack of experience in conducting this type of behavior change campaigns, there is a need to assess the practice of digital communication and develop steps to address problematic communication aspects. The article presents the results of the study of digital communication content and tools of the Ministry of Health Care of Ukraine during the pandemic of coronavirus infection COVID-19, analyzes communication messages through the prism of factors influencing behavior change (MINDSPACE). The study substantiated recommendations for improving government digital communication in health care in the context of global challenges.
FINANCIAL CRISES AND STRUCTURAL CHARACTERISTICS OF THE ECONOMY

FINANCIAL CRISES AND STRUCTURAL CHARACTERISTICS OF THE ECONOMY
(FINANCIAL CRISES AND STRUCTURAL CHARACTERISTICS OF THE ECONOMY)

  • Author(s):Ana Radulovic
  • Language:English
  • Subject(s):Social Sciences, National Economy, Financial Markets
  • Page Range:99-103
  • No. of Pages:5
  • Keywords:Financial crises; Structure; Economy.
  • Summary/Abstract:Economic structures are a major cause of long-term growth or stagnation. Different economic structures have different ranges of structural learning, innovation, and different effects on income distribution, which are key determinants of economic performance. Through theory about economic structures it is explained why institutions work differently in space and time. This paper shows using a case study in the United States, that the source of recent financial crises rests on the structural characteristics of the economy. Constant deindustrialization is increasing inequality, and a debt-intensive credit boom has emerged to offset the deflationary effects of this structural change. The strong application of the austerity system in Europe and other parts of the world, even after the evidence points to less frugal policies, illustrates the theory of power it has over public policy. The economic structure should be put at the center of analysis, to better understand the economic changes, income disparities and differences in the dynamics of political economy through time and space. This paper provides a critical overview of the rapidly developing comparative studies of institutions and economic performance, with an emphasis on its analytical and political implications. The paper tries to identify some conceptual gaps in the literature on economic growth policy. Emphasis is placed on the contrasting experiences of East Asia and Latin America. This paper argues that the future investments in this field should be based on rigorous conceptual difference between the rules of the game and the game, and between the political and institutional, embedded in the concept of management. It also emphasizes the importance of a serious understanding of the endogenous and distributive nature of institutions and steps beyond the narrow approach of property law relations in management and development. By providing insights from the political channels through which institutions affect economic performance, this paper aims to contribute to the consolidation of theoretically based, empirically based and relevant to policy research on political and institutional foundations of growth and prosperity.
SOCIOLOGICAL AND SECURITY ASPECTS OF GEOPOLITICAL POSITIONING OF THE REPUBLIC OF SERBIA IN THE EU ACCESSION PROCESS

SOCIOLOGICAL AND SECURITY ASPECTS OF GEOPOLITICAL POSITIONING OF THE REPUBLIC OF SERBIA IN THE EU ACCESSION PROCESS
(SOCIOLOGICAL AND SECURITY ASPECTS OF GEOPOLITICAL POSITIONING OF THE REPUBLIC OF SERBIA IN THE EU ACCESSION PROCESS)

  • Author(s):Slobodan Petrović, Zorančo Vasilkov
  • Language:English
  • Subject(s):International relations/trade, EU-Approach / EU-Accession / EU-Development, Geopolitics
  • Page Range:105-110
  • No. of Pages:6
  • Keywords:Sociological; Security; European Union; Geopolitics; National; Supranational; International relations.
  • Summary/Abstract:Sociological and safety aspects of the geopolitical integration of the Republic of Serbia into the EU are part of the reality the country and the society have been confronting since the beginning of the 21st century. To single out and determine every sociological and safety factor is almost impossible since there is no definiteness of factors affecting the positioning of a country within the association of new countries. Neither is there any unique prototype applicable to all countries. Each country possesses cultural, national, religious, institutional and economic uniqueness; hence, it can be concluded that each country undergoes various experiences in the process of integration into a new institutional family. Since the creation, the European Union by its structure has presented a challenge to the society in all respects. This may certainly be measured and explained by sociological and safety standards. This paper presents the past correlations of the Republic of Serbia from two decades ago to the present, using a synthetic method to carry out a comparative analysis of the descriptive pattern, position, and capacities of the national in relation to supranational.
RESEARCH OF THE ROLE OF FINANCIAL INSTITUTIONS IN THE COMMUNITY ECONOMIC DEVELOPMENT IN ONE OF THE WORLD’S LEADING COUNTRIES

RESEARCH OF THE ROLE OF FINANCIAL INSTITUTIONS IN THE COMMUNITY ECONOMIC DEVELOPMENT IN ONE OF THE WORLD’S LEADING COUNTRIES
(RESEARCH OF THE ROLE OF FINANCIAL INSTITUTIONS IN THE COMMUNITY ECONOMIC DEVELOPMENT IN ONE OF THE WORLD’S LEADING COUNTRIES)

  • Author(s):Svitlana Turchina, Kateryna Turchina, Liudmyla Dashutina
  • Language:English
  • Subject(s):Supranational / Global Economy, Financial Markets
  • Page Range:111-116
  • No. of Pages:6
  • Keywords:Community; Financial Institutes; CRA examination; The Shift-Share analysis.
  • Summary/Abstract:The article addressed the community as the smallest unit in geography scope, which unites individuals, companies, and government. The role of each one is significant and irreplaceable. For this paper, the community is as a synergy between group of individuals, institutions, and a government that live and (or) operate within geographical, political, social, and economic boundaries. This article focuses on banks, as a link between individuals and government in the development process. In particular, the supply and retention of financial and human capital. The authors try to prove financial companies and banks play a key role in the community and economic development because they deliver financial capital to individuals and businesses. This research allows concluding that the Finance & Insurance industry contributes toward the development of both national and local levels with the high share and positive mix and competitive components.
CHALLENGES AND OPPORUNITIES TO TRANSITION INTO A KNOWLEDGE-BASED ECONOMY IN LIBYA

CHALLENGES AND OPPORUNITIES TO TRANSITION INTO A KNOWLEDGE-BASED ECONOMY IN LIBYA
(CHALLENGES AND OPPORUNITIES TO TRANSITION INTO A KNOWLEDGE-BASED ECONOMY IN LIBYA)

  • Author(s):Ali Omar Eliaser
  • Language:English
  • Subject(s):Social Sciences, ICT Information and Communications Technologies, Socio-Economic Research
  • Page Range:117-124
  • No. of Pages:8
  • Keywords:Knowledge based-economy; Challenges; Opportunities; Libya.
  • Summary/Abstract:Libya is an Oil- Based Economy as a large percentage of its GDP comes from oil and gas sector. The main objective of this paper is to investigate the challenges and opportunities for the transition to a knowledge based economy in Libya. The broader question in this research is firstly, what are the main challenges facing the transition into the knowledge-based economy in Libya? Secondly, what are the major opportunities for transition into a knowledge-based economy in Libya? The research methodology was based on a descriptive and comparative method of analysis. The contribution of this research is to fill the acute shortage in the Libyan literature by presenting a more comprehensive analysis and investigating the challenges and opportunities for the shift to a knowledge-based economy in Libya. The findings of this study indicate several obstacles for a transition to a knowledge-based economy in Libya such as political, social, economic, institutional, and organisational obstacle.
GOLD PRICE AND THE CHAOTIC GROWTH MODEL

GOLD PRICE AND THE CHAOTIC GROWTH MODEL
(GOLD PRICE AND THE CHAOTIC GROWTH MODEL)

  • Author(s):Vesna Jablanović
  • Language:English
  • Subject(s):Economy, Supranational / Global Economy, Financial Markets
  • Page Range:125-131
  • No. of Pages:7
  • Keywords:Gold price; Stability; Elliot waves; Chaos.
  • Summary/Abstract:The basic aims of this paper are: firstly, to create the simple chaotic gold price growth model that is capable of generating stable equilibria, cycles, or chaos; secondly, to analyze the local stability of gold price in the period 2001-2015; and thirdly, to discover the equilibrium gold price with Elliott wave logic in the observed period. This paper confirms the existence of the stable convergent fluctuations of the gold price in the observed period. Also, the golden ratio can be used to define the equilibrium gold price in the presented chaotic model.
NON-FINANCIAL SECTOR AS A MONEY LAUNDERING BARRIER

NON-FINANCIAL SECTOR AS A MONEY LAUNDERING BARRIER
(NON-FINANCIAL SECTOR AS A MONEY LAUNDERING BARRIER)

  • Author(s):Sonja Cindori
  • Language:English
  • Subject(s):National Economy, Business Ethics, Corruption - Transparency - Anti-Corruption
  • Page Range:133-138
  • No. of Pages:6
  • Keywords:Money laundering; Beneficial owner; Independent professions; Risk; Advice.
  • Summary/Abstract:The variety of professions in a scope of non-financial sector offers the possibility to operate as professional money launderers. As intermediaries, they can support money launderers in concealing the true nature or source of illegally obtained proceeds. Their role in concealing the beneficial ownership while hiding, collecting and moving illegally acquired property is becoming increasingly attractive. The attractiveness of active or passive engagement depends on the ability to act within the specificity of the profession, as well as their competencies in conducting transactions.
THE PLANNING PROCESS AS A MODERN FORM OF DIRECTING PROFITABLE BUSINESS ACTIVITIES AND CONSCIOUS COORDINATION

THE PLANNING PROCESS AS A MODERN FORM OF DIRECTING PROFITABLE BUSINESS ACTIVITIES AND CONSCIOUS COORDINATION
(THE PLANNING PROCESS AS A MODERN FORM OF DIRECTING PROFITABLE BUSINESS ACTIVITIES AND CONSCIOUS COORDINATION)

  • Author(s):Slobodan N. Bracanović
  • Language:English
  • Subject(s):Business Economy / Management, Socio-Economic Research
  • Page Range:139-145
  • No. of Pages:7
  • Keywords:Planning; Concept; Program; Project; Budget; Direction; Coordination.
  • Summary/Abstract:Planning was reaffirmed after the collapse of the neoliberal economic doctrine (at the beginning of this century). The relations between the plan and the market are complementary and non-exclusive. The market is also planned and market spontaneity is suppressed. The planning of all the levels is primarily present in the Eurasian economies that are not in crisis. The plan is also a creativity space.
THE ROLE OF AGE AND GENDER IN GROUP DECISION-MAKING PROPENSITY

THE ROLE OF AGE AND GENDER IN GROUP DECISION-MAKING PROPENSITY
(THE ROLE OF AGE AND GENDER IN GROUP DECISION-MAKING PROPENSITY)

  • Author(s):Juliana Osmani
  • Language:English
  • Subject(s):Socio-Economic Research
  • Page Range:147-152
  • No. of Pages:6
  • Keywords:Group decision-making; Group propensity; Age, Gender; Decision’s effectiveness.
  • Summary/Abstract:Increasingly, organizations are oriented towards groups to make decisions. This is because some contextual factors have undergone significant changes. Companies are operating in a competitive, dynamic and complex environment, having to face with unstructured and non-programmed decisions. Organizations are also oriented towards participatory processes in order to benefit from the important advantages that these processes offer. The main goal of the current research is to understand if there is a correlation between group decision-making propensity, age and gender. The motivation for the current research starts from the consideration that the degree of preference for group decision-making processes determines the contribution and commitment of the members, with important consequences on the decisions’ effectiveness. The processing and analysis of the collected data indicate that adults prefer group decision-making processes more than young people and women prefer group decision-making processes less than men.
NAIVE BAYES CLASSIFIER, DECISION TREE AND ADABOOST ENSEMBLE ALGORITHM – ADVANTAGES AND DISADVANTAGES

NAIVE BAYES CLASSIFIER, DECISION TREE AND ADABOOST ENSEMBLE ALGORITHM – ADVANTAGES AND DISADVANTAGES
(NAIVE BAYES CLASSIFIER, DECISION TREE AND ADABOOST ENSEMBLE ALGORITHM – ADVANTAGES AND DISADVANTAGES)

  • Author(s):Neli Kalcheva, Maya Todorova, Ginka Marinova
  • Language:English
  • Subject(s):Social Sciences, Business Economy / Management, ICT Information and Communications Technologies
  • Page Range:153-157
  • No. of Pages:5
  • Keywords:Classification; Machine learning; Naive Bayes classifier; Decision tree; Ada Boost Ensemble algorithm.
  • Summary/Abstract:The purpose of the publication is to analyse popular classification algorithms in machine learning. The following classifiers were studied: Naive Bayes Classifier, Decision Tree and AdaBoost Ensemble Algorithm. Their advantages and disadvantages are discussed. Research shows that there is no comprehensive universal method or algorithm for classification in machine learning. Each method or algorithm works well depending on the specifics of the task and the data used.
MANAGEMENT AND INNOVATION OF PERSONAL DEVELOPMENT OF TEACHERS IN CHINA’S EDUCATION AND TRAINING INDUSTRY

MANAGEMENT AND INNOVATION OF PERSONAL DEVELOPMENT OF TEACHERS IN CHINA’S EDUCATION AND TRAINING INDUSTRY
(MANAGEMENT AND INNOVATION OF PERSONAL DEVELOPMENT OF TEACHERS IN CHINA’S EDUCATION AND TRAINING INDUSTRY)

  • Author(s):Liudmyla Batsenko, Shuangshan Ruan, Svitlana Dubovyk
  • Language:English
  • Subject(s):Education, Human Resources in Economy
  • Page Range:159-164
  • No. of Pages:6
  • Keywords:Education and training industry; Teacher’s personal development; Management and innovation.
  • Summary/Abstract:After years of development, the number of education and training institutions has decreased but the market size has continued to increase. The reason is the rise of online education. The development trend of combining online and offline education needs to innovate the personal development of teachers. This paper studies the development trend of the education and training industry, draws inspiration from the development trend for the personal development of teachers, and builds a personal development model for teachers based on the iceberg model. It is intended to provide innovative suggestions for the development of teachers in the education and training industry.
ADVANTAGES OF DECENTRALIZED CONSTRUCTION LOGISTICS

ADVANTAGES OF DECENTRALIZED CONSTRUCTION LOGISTICS
(ADVANTAGES OF DECENTRALIZED CONSTRUCTION LOGISTICS)

  • Author(s):Johannes Regner, Milan Fekete
  • Language:English
  • Subject(s):Business Economy / Management
  • Page Range:165-173
  • No. of Pages:9
  • Keywords:Manufacturing; Supply chain; Procurement; Service provider.
  • Summary/Abstract:It has to be admitted that the idea decentralized construction logistics, respectively construction site logistics is strongly contested in the scientific literature at the moment. This paper deals with the advantages of decentralized construction logistics. The prevailing view in research is that centralized construction logistics is preferable to decentralized ones. Based on a systematic review of the literature, it is shown that decentralized construction logistics can be advantageous due to the specialization of the construction, different degrees of professionalization, difficulties in cooperation, avoidance of costs and technological inconsistencies and properties as well as with regard to the objects of the construction process.
LINGUISTIC FEATURES OF TV COMMERCIALS AND MARKETING STRATEGIES FOR ADDRESSING CONSUMERS

LINGUISTIC FEATURES OF TV COMMERCIALS AND MARKETING STRATEGIES FOR ADDRESSING CONSUMERS
(LINGUISTIC FEATURES OF TV COMMERCIALS AND MARKETING STRATEGIES FOR ADDRESSING CONSUMERS)

  • Author(s):Silva Kostić, Ana Slavković
  • Language:English
  • Subject(s):Applied Linguistics, Marketing / Advertising
  • Page Range:175-182
  • No. of Pages:8
  • Keywords:Advertising discourse; TV advertisements; Marketing; Manipulation.
  • Summary/Abstract:Advertisements are unavoidable and ubiquitous. We encounter them on television and the radio, in newspapers and magazines, on billboards, in public transport vehicles and mailboxes, on mobile phones or on websites we visit on the Internet. The aim of this paper is to examine linguistic features and marketing strategies used by advertisers to attract and hold consumers’ attention, make them remember advertisements and encourage them to buy advertised products. This paper discusses the way advertisers, using the advertising discourse, manipulate consumers’ opinions, beliefs and behaviour. Starting from previous research of the advertising discourse, this paper shows the results of the analysis of the most important linguistic features as well as marketing strategies for addressing consumers used in TV commercials broadcast on four Serbian TV channels - TV Prva, RTS 1, TV B92 / 02 and TV Pink, from March 2016 to September 2019. The analysis is based on the theoretical principles of Critical Discourse Analysis.
IMPROVING EFFICIENCY OF HEALTH CARE ORGANIZATIONS USING LEAN CONCEPT

IMPROVING EFFICIENCY OF HEALTH CARE ORGANIZATIONS USING LEAN CONCEPT
(IMPROVING EFFICIENCY OF HEALTH CARE ORGANIZATIONS USING LEAN CONCEPT)

  • Author(s):Bojana Noviićević Čečević,, Jelena Daraboš
  • Language:English
  • Subject(s):Health and medicine and law, Welfare services
  • Page Range:183-191
  • No. of Pages:9
  • Keywords:Customers; Lean techniques; Process; Value-adding activities; Non-value adding activities; Implementation; Patient; Organization; Value; Value stream; Performance; Employees; Management; Measurement;
  • Summary/Abstract:Lean, as relatively new management concept, surpasses the traditional mass production and creating stockpiles of goods which have to be placed on the market, without analyzing the customers’ needs. The focus of lean is on creating the value that customers demand and forming the value streams which contain only processes and activities that generate that value and eliminating all types of wastes and non-value adding activities. Lean concept was founded in Toyota company i.e. in manufacturing system called Toyota production system. Nowadays, this concept has been implemented by many worlds known organizations as the crucial part of their production system, but also other supportive processes in the company. Application of the lean concept can significantly improve process efficiency, lead to drastic cost-reduction, improved quality of the products/services provided, but also can be a main factor of increased employees productivity and resource saving. Profitable and unprofitable health care organizations have determined business strategy and adjusted mission and vision of their path thus, they strive for resource optimization in the process of providing satisfactional level of service. Accordingly, the examination of possibilities in implementing lean concept in Health Care organizations, as well as analyzing executed techniques and performed activities in leading companies is more than justified. Health Care organizations can be characterized as complex systems with numerous participants and the need for strict coordination of activities in order to provide demanded value for the customers. Monitoring and measuring the performances on various levels and areas of accountability is highly valuable for the Health Care organizations. Regarding that, the subject of this paper will be indicating specifics of measuring the performances in Health Care organizations and possibilities of their improvement.
SENIOR MANAGEMENT SUPPORT FOR NEW PRODUCTS: ЕMPIRICAL FINDINGS FROM BULGARIA

SENIOR MANAGEMENT SUPPORT FOR NEW PRODUCTS: ЕMPIRICAL FINDINGS FROM BULGARIA
(SENIOR MANAGEMENT SUPPORT FOR NEW PRODUCTS: ЕMPIRICAL FINDINGS FROM BULGARIA)

  • Author(s):Krasimir Marinov
  • Language:English
  • Subject(s):Socio-Economic Research
  • Page Range:193-201
  • No. of Pages:9
  • Keywords:Product innovations; Product success; Senior management role; Empirical results; Bulgaria.
  • Summary/Abstract:The purpose of this paper is to present the findings from an empirical study on the impact of company senior management support on the performance of the new products of Bulgarian companies. The paper considers the major studies on company senior management support and suggests a typology of these studies based on two criteria. A methodological framework for the research on company senior management support has also been substantiated. The empirical study results show that there is a relation between the degree of company senior management support and the degree of new product success as well as between the degree of company senior management support and the indicators measuring new products’ performance. The theoretical and practical contribution of the paper is related to the justification of the methodological framework for the research on company senior management support as well as to the results concerning the relation between senior management support and the success of new products.
THE ROLE OF CULTURAL DIMENSIONS OF COMMUNICATION AND DEVELOPING CULTURAL AWARENESS IN INTERNATIONAL BUSINESS

THE ROLE OF CULTURAL DIMENSIONS OF COMMUNICATION AND DEVELOPING CULTURAL AWARENESS IN INTERNATIONAL BUSINESS
(THE ROLE OF CULTURAL DIMENSIONS OF COMMUNICATION AND DEVELOPING CULTURAL AWARENESS IN INTERNATIONAL BUSINESS)

  • Author(s):Gordana Mušura
  • Language:English
  • Subject(s):Social Sciences, Supranational / Global Economy, Socio-Economic Research
  • Page Range:203-206
  • No. of Pages:4
  • Keywords:Intercultural communication; Non-verbal communication; Human resource Global managers; Cultural misunderstanding and shock.
  • Summary/Abstract:The purpose of this paper2 is to consider the importance of understanding cultural dimensions of communication and what role they play in developing cultural awareness among managers working in international companies with a whole variety of employees from different countries and with different cultural backgrounds. That is why international managers need to be trained to become aware of cultural and social differences and to be able to act in an appropriate way and cope with problems if it is necessary, especially in these disruptive and risk-averse times, caused by Covid-19 virus and a pandemic crisis. They also need to understand some specific non-verbal ways of communication that might cause misunderstandings or create unpleasant situations. Therefore, non-verbal communication as a special aspect of cultural dimensions of communication is analyzed and the most common problems that occur among people who come into contact at the international business level are pointed out with the aim of avoiding or minimizing them.
KNOWLEDGE BASED EMPLOYMENT PROCESS – DATA DRIVEN RECRUITMENT

KNOWLEDGE BASED EMPLOYMENT PROCESS – DATA DRIVEN RECRUITMENT
(KNOWLEDGE BASED EMPLOYMENT PROCESS – DATA DRIVEN RECRUITMENT)

  • Author(s):Jelena Vemić Đurković, Ivica Nikolić, Slavica Siljanoska
  • Language:English
  • Subject(s):Human Resources in Economy, ICT Information and Communications Technologies
  • Page Range:207-215
  • No. of Pages:9
  • Keywords:Recruitment; Metrics; Data; Recruitment funnel; Human resource management.
  • Summary/Abstract:The purpose of this paper is to highlight the main benefits and challenges of using a data-driven recruiting system in enterprises. The trend of increasing digital presence in all fields requires new knowledge and skills of employees. Sustainable development of enterprise is increasingly based on human capital and investment in it. Precisely in these conditions of business, on the one hand, there is increasing pressure to attract and hire the highest quality employees more efficiently, which implies large investments in the recruitment processes and on the other hand to justify those investments. The high-quality data-driven recruitment system provides a way to measure the contribution of recruiting process to the success, to adequately manage existing recruitment programs, and to justify investments in their further development. A special part of this paper will be consecrated to the trends and challenges of using data-driven recruitment in the context of the global crisis of the coronavirus COVID - 19 pandemic.
INTEGRATING THE TRAINING IN STANDARDIZATION IN UNIVERSITY CURRICULA – EUROPEAN DIMENSIONS AND CHALLENGES

INTEGRATING THE TRAINING IN STANDARDIZATION IN UNIVERSITY CURRICULA – EUROPEAN DIMENSIONS AND CHALLENGES
(INTEGRATING THE TRAINING IN STANDARDIZATION IN UNIVERSITY CURRICULA – EUROPEAN DIMENSIONS AND CHALLENGES)

  • Author(s):Evgeniya Nikolova, Yanislav Zhekev, Mariya Monova Zheleva
  • Language:English
  • Subject(s):Business Economy / Management, Higher Education
  • Page Range:217-222
  • No. of Pages:6
  • Keywords:Training on standardization; Standards-related learning and teaching; Higher education; Е-learning.
  • Summary/Abstract:Standardization and standards play a key role in today’s competitive landscape. It is already broadly recognised the importance of the standards and standardization regarding the knowledge and best practices transfer, global supply chain networks building and management, the achievement of economic efficiency and sustainability as well as boosting the innovations. Taking into consideration the importance and the urgent need outlined by the business and the industries for a workforce equipped with relevant knowledge and skills regarding standardization and standards, this paper is focused on the following questions: (i) what are the reasons the standards-related training are still not adequately represented in the academic disciplines; (ii) what is the University lecturers and students’ levels of awareness about the international and European standardization systems and their readiness to improve their knowledge and competencies in the field of standardization; (iii) what are the main aspects to improve the training in terms of standards and standardization in university education. The authors of this paper propose answers to these questions on the base of the results achieved through a comprehensive study conducted in five European countries in the framework of the international project “Standards Teaching in University Education” /STUNED/, funded by the Erasmus plus program of the European Commission.
THE DESIGN OF MIXED TEACHING MODE OF VOCATIONAL EDUCATION UNDER THE BACKGROUND OF INTERNET

THE DESIGN OF MIXED TEACHING MODE OF VOCATIONAL EDUCATION UNDER THE BACKGROUND OF INTERNET
(THE DESIGN OF MIXED TEACHING MODE OF VOCATIONAL EDUCATION UNDER THE BACKGROUND OF INTERNET)

  • Author(s):Nataliya Stozyanets, Hejun Zhao, Guohou Li
  • Language:English
  • Subject(s):Adult Education, Human Resources in Economy
  • Page Range:223-230
  • No. of Pages:8
  • Keywords:Distance teaching; Instructional design; Classroom structure.
  • Summary/Abstract:This article objectively analyzes the main problems of distance education in vocational education under the current Internet background, and gives solutions to these main problems. By setting teaching goals scientifically and reasonably, adopting a mixed teaching model, designing a perfect teaching process and formulating a scientific course evaluation method, Internet distance teaching will achieve better teaching effects to make up for the shortcomings of traditional teaching methods.
RESEARCH ON INFLUENCING FACTORS OF RURAL ENDOGENOUS DEVELOPMENT ABILITY BASED ON TOBIT MODEL

RESEARCH ON INFLUENCING FACTORS OF RURAL ENDOGENOUS DEVELOPMENT ABILITY BASED ON TOBIT MODEL
(RESEARCH ON INFLUENCING FACTORS OF RURAL ENDOGENOUS DEVELOPMENT ABILITY BASED ON TOBIT MODEL)

  • Author(s):Junmin Chen, Nataliya Stoyanets, Zetao Hu
  • Language:English
  • Subject(s):Economy, Socio-Economic Research
  • Page Range:231-237
  • No. of Pages:7
  • Keywords:Endogenous ability; Relationship network; Structural hole.
  • Summary/Abstract:Cultivating and digging the endogenous power of rural development is the basis of sustainable rural development. The article sets explanatory variables from the perspective of social network structure theory, and constructs a Tobit multiple regression empirical model that affect rural endogenous ability. The study found that the amount of social structural holes, the strength of weak ties, the role of village committees, and the quality of village cadres have a significant positive effect on the improvement of rural endogenous capabilities. Accordingly, it is recommended that Henan region creates market opportunities for various types of elites to serve the rural revitalization ; fully explore and use weak ties to fight for more resources for the rural revitalization; further strengthen the collective economy, strengthen the village collective administrative power from the perspective of legislation, and optimize the control of the collective power of the village ; the formation of a cultural psychological structure that is conducive to the endogenous development of the village.
POSSIBILITIES OF USING ARTIFICIAL RADIAL BASIS FUNCTION NEURAL NETWORKS FOR MODELING ECONOMIC PROCESSES

POSSIBILITIES OF USING ARTIFICIAL RADIAL BASIS FUNCTION NEURAL NETWORKS FOR MODELING ECONOMIC PROCESSES
(POSSIBILITIES OF USING ARTIFICIAL RADIAL BASIS FUNCTION NEURAL NETWORKS FOR MODELING ECONOMIC PROCESSES)

  • Author(s):Tomasz Wolowiec, Volodymyr Martyniuk
  • Language:English
  • Subject(s):Business Economy / Management, ICT Information and Communications Technologies
  • Page Range:239-245
  • No. of Pages:7
  • Keywords:Economic security of the state; Radial Basis Function Neural Networks; Customs system; Indicators of economic security of the state; Macroeconomic forecasting.
  • Summary/Abstract:The possibility of using artificial radial basis function neural networks for modeling of economic phenomena and processes is shown. The basic characteristics and parameters of an artificial radial basis function neural network are shown and the advantages of using this type of artificial neural networks for modeling economic phenomena and processes are emphasized. Using an artificial radial basis function neural network, together with official statistics for 2010-2017, the modeling of the influence caused by work efficiency indicators of the customs authorities of Ukraine on the indicators of economic security of Ukraine was carried out. The results obtained showed good analytical and prognostic properties of an artificial radial basis function neural network when modeling the impact of customs authorities’ performance on the state’s economic security indicators.
IMPLEMENTATION OF BLOCKCHAIN TECHNOLOGY IN THE SMART CITY

IMPLEMENTATION OF BLOCKCHAIN TECHNOLOGY IN THE SMART CITY
(IMPLEMENTATION OF BLOCKCHAIN TECHNOLOGY IN THE SMART CITY)

  • Author(s):Zoran Ćirić, Otilija Sedlak, Stojan Ivanišević
  • Language:English
  • Subject(s):ICT Information and Communications Technologies
  • Page Range:247-251
  • No. of Pages:5
  • Keywords:Blockchain; Smart city; Project management; Information systems; Sustainability.
  • Summary/Abstract:This document presents an attempt to determine guidelines for the implementation of the blockchain projects within smart city (SC) information systems (IS) to improve their security and sustainability through harnessing benefits of blockchain technology. Although available scientific sources are scarce a review of contemporary scientific literature and other available sources attempts to determine weaknesses of current IS within SC and to compare their vs benefits of the blockchain technology in order to show that blockchain technology can offer potential solution to weaknesses and improve SC IS and therefore the sustainability of the SC itself. However, this research only shows the need for such implementations and discuss what further research is required to provide a framework for the implementation of blockchain technology in smart cities.
A SUSTAINABLE CITY IN THE CONTEXT OF URBAN DEVELOPMENT

A SUSTAINABLE CITY IN THE CONTEXT OF URBAN DEVELOPMENT
(A SUSTAINABLE CITY IN THE CONTEXT OF URBAN DEVELOPMENT)

  • Author(s):Helena Šlogar, Goran Bandov, Tomislav Čakanić
  • Language:English
  • Subject(s):Rural and urban sociology, Green Transformation
  • Page Range:253-257
  • No. of Pages:5
  • Keywords:Sustainable development; Sustainable city; Copenhagen; Environmental protection; Urbanism and urban revitalization.
  • Summary/Abstract:The concept of sustainable cities is based on a development paradigm that recognizes the rapid growth of urban population and makes an important contribution by forming a global urban plan. Sustainable city is organized in order to emphasize the importance of people and their needs. This paper will define what sustainable city is and show how certain innovative elements have been introduced in Copenhagen in order to achieve city sustainability. In that regard, an overview of innovative urban solutions in the context of environmental protection will be given. A comparative analysis of the achievement of the SDG 11 objective - Sustainable Cities and Sustainable Communities in Copenhagen will be carried out in relation to the other European Union capitals. The aim of this research is to determine whether Copenhagen is a sustainable city and how sustainable cities contribute to promoting the sustainable development goals. Finally, proposals will be made to achieve those objectives for other cities, based on the results achieved by the City of Copenhagen.
THE ROLE OF INFORMATION AND COGNITIVE DOMAINS IN EMERGENCIES

THE ROLE OF INFORMATION AND COGNITIVE DOMAINS IN EMERGENCIES
(THE ROLE OF INFORMATION AND COGNITIVE DOMAINS IN EMERGENCIES)

  • Author(s):Rusi Marinov
  • Language:English
  • Subject(s):ICT Information and Communications Technologies
  • Page Range:259-269
  • No. of Pages:11
  • Keywords:Information domain; Cognitive computing; Emergency planning; Crisis communications; Knowledge transfer; Machine learning; Infodemics.
  • Summary/Abstract:This report discusses the role of information domain and cognitive technologies in emergency management in the context of the global pandemic problems, which is also caused by a lack of leader’s capacity, knowledge transfer, lack of major investments in the security and health systems. Global emergency response plans should be based on the “artificial” reality of our planetary condition and used as a starting point for planning. Innovative companies are trying to take advantage of cognitive technologies to automate processes to solve a wide range of problems that require specific knowledge. The main aspects of knowledge are related to the so-called „P” categories (Perceive, Perception, Predict) of our critical environment and data input to such systems coming from sensors and smart elements. The new model for effective reactions in crisis refers to cognitive technologies, which, if available use an aesthetic language, generate unstructured texts, process information, used sensors for data in real-time, reading signals, access to “smart objects” and other algorithmic approaches for searching of solutions in extreme situations. The cognitive technologies used during contingency planning is oriented towards the further development of AI in order to improve the performance of machines in terms of intuition, sensitivity, emotions, and other factors that enhance the planning and decision-making tasks.
SUSTAINABILITY FACTORS IN INTERNATIONAL PROJECT TEAMS

SUSTAINABILITY FACTORS IN INTERNATIONAL PROJECT TEAMS
(SUSTAINABILITY FACTORS IN INTERNATIONAL PROJECT TEAMS)

  • Author(s):Leonilde Reis, Clara Silveira, Renato Duarte
  • Language:English
  • Subject(s):Social Sciences, Economy, Human Resources in Economy, Green Transformation
  • Page Range:271-278
  • No. of Pages:8
  • Keywords:Sustainability; ERP; Implementation; Configuration; Requirements; Knowledge transference; International project.
  • Summary/Abstract:Today almost all organizations, according with their business specificities, support their business activity within the Information Systems. In this sense, the most common business processes of organizations are supported by generic software products, also called Enterprise Resource Planning. In this paper are referred a set of good practices for the implementation/configuration of generic software products, in international projects. The methodology adopted focuses on the literature review in the thematic of Sustainability factors in International Project Teams, as well as on the presentation of good practices based on the lessons learnt from proven methodology. The contributions of this work focus on considerations in the area of project implementation procedures, and requirements of the business processes, the system configuration, as well as training. The paper’s conclusions emphasize the importance of applying good support management in international project teams, including concerns of sustainable development objectives in the economic, technical, social, human/individual and environmental aspects.
INTELLECTUAL CAPITAL PERFORMANCE REPORTING MODELS

INTELLECTUAL CAPITAL PERFORMANCE REPORTING MODELS
(INTELLECTUAL CAPITAL PERFORMANCE REPORTING MODELS)

  • Author(s):Ana Milijić, Vanja Vukojević
  • Language:English
  • Subject(s):Human Resources in Economy, Socio-Economic Research
  • Page Range:279-285
  • No. of Pages:7
  • Keywords:Reporting; Intellectual capital; Intangible asset.
  • Summary/Abstract:For a knowledge-based economy, the basic drivers of economic growth and development are the knowledge, innovation and specific skills of individuals whose „incorporation” into a product/ service makes them attractive to customers in the market according to the needs of the 21st century. Thus, in the era of the knowledge economy, individuals with their knowledge, specific abilities and skills represent the basis for creating and maintaining a competitive advantage in the market. However, the traditional financial reporting model cannot fully meet the information requirements of users of 21st century financial statements due to the limited absorption of data concerning the company’s ownership of intangible resources such as knowledge, specific skills of employees and other intellectual resources. In order to fully, reliable and truthful business reporting Many companies choose to voluntarily report on non-financial performance through various reports such as the Business Report and the Notes to the Financial Statements. The aim of this paper is to present modern models of reporting on intellectual capital and to point out possible directions of their further development in the future. Also, in this paper, special emphasis is placed on segments of business assets whose balance sheet (non) coverage leads to significant differences between the book and market values of companies.
EXTERNAL CHURCH FINANCING BY FUNDING

EXTERNAL CHURCH FINANCING BY FUNDING
(EXTERNAL CHURCH FINANCING BY FUNDING)

  • Author(s):Mike Blankenberg
  • Language:English
  • Subject(s):Sociology of Culture, Sociology of Religion
  • Page Range:287-294
  • No. of Pages:8
  • Keywords:Subsidies; Church management; Monetary donation; Church tax.
  • Summary/Abstract:The present paper provides an overview of the situation of church bodies when dealing with subsidies. The starting position and topicality of this topic has been the subject of intense debate in the media and in the political sphere, also for church sector for some time. A look at the figures shows that numerous funding programmes from EU, federal and/or state programmes could well be eligible for church bodies, but that the funds provided are rarely or never called up. The problems lie in the complexity of the funding programmes and the respective guidelines and extend right into the organisational structures of the spartan church administration. A glance at the federal government’s funding database shows the importance of the topic. Tight budgets due to declining church tax revenues, lack of personnel capacities, demographic conditions are inhibiting factors in funding management on the part of church administrations.
CONSTITUTIONALITY OF BASIC INCOME IN GERMANY

CONSTITUTIONALITY OF BASIC INCOME IN GERMANY
(CONSTITUTIONALITY OF BASIC INCOME IN GERMANY)

  • Author(s):Janire Mimentza Martin
  • Language:English
  • Subject(s):Constitutional Law, Socio-Economic Research
  • Page Range:295-301
  • No. of Pages:7
  • Keywords:United Nations; Inequality; Precariousness.
  • Summary/Abstract:At present, the precarious jobs do not assure the subsistence level, and the future forecasts “the end of work”. In addition, because of the defects and limits of the welfare systems, a rethinking of the social protection system is necessary: universal basic income seems to be the most popular option. However, basic income may represent a break with the traditional market rules: the model is inverted and the citizen gains “ freedom from work”, and not “through work”. This paradigm shift may represent a challenge for today’s model of social state based on the work ethic. Although the basic income is usually based on the idea of social reform, the perception of this study is that its implementation should be guided by a policy of small advances, which ultimately make possible a partial reform of the Social Security system, not its dismantling. This work shows that the German labour market, the Constitution, and the social state are not currently prepared for or in need of a universal Basic Income.
CIVIL LAW STATUS OF THE SUPERVISORY ORGAN IN EUROPEAN BUSINESS COMPANIES

CIVIL LAW STATUS OF THE SUPERVISORY ORGAN IN EUROPEAN BUSINESS COMPANIES
(CIVIL LAW STATUS OF THE SUPERVISORY ORGAN IN EUROPEAN BUSINESS COMPANIES)

  • Author(s):Asen Vodenicharov
  • Language:English
  • Subject(s):Supranational / Global Economy, Civil Law
  • Page Range:303-309
  • No. of Pages:7
  • Keywords:Supervisory organ; European Company; European Cooperative Society; Management organ; General Meeting.
  • Summary/Abstract:The Supervisory organ is a compulsory element in the governance structure of the European Structures for Business Association, namely the European Company (Societas Europaea) and the European Cooperative Society (Societas Cooperativa Europaea) that have chosen a two-tier system for their organizations. The organ under consideration presents a hybrid regulatory framework. On the one hand, these are the provisions in the regulations of the European Union, and, on the other, the national law regulations. The organ in question has specific characteristics. Its members are elected by the General meeting. The staff of the first supervisory board may be appointed in the statues. This should apply without prejudice to any employee participation arrangements determined pursuant to Directive 2003/72 / EC. The members of the Supervisory organ are elected for the term specified in the Statute of the association. Their maximum term of office after the expiry mandate date may not exceed six months. The package of powers includes constitutional, authoritative and controlling rights and obligations. The supervisory organ shall elect and dismiss members or an individual member of the management organ. In cases explicitly provided for in the statute of the association, a certain category of legal transactions cannot be concluded by the management organ without the permission of the supervisory organ. Its controlling functions are particularly important. The supervisory organ shall supervise the duties performed by the management organ. It may not itself exercise the power to manage the associations. The supervisory organ may not represent the associations in dealings with third parties. It shall represent the associations in dealings with the management body, or its members, in respect of litigation or the conclusion of contracts. The management organ shall report to the supervisory body at least once every three months on the progress and foreseeable developments of the association’s business, taking into account any information relating to undertakings controlled by the association that may significantly affect the progress of the association business. The members of the Supervisory organ are holders of Civil liability. Its legal basis is the relevant rules in the national law relating to joint stock companies or cooperative organizations in the Member States in which they have registered their office. This liability is based on the possible damage caused by illegal or incorrect acts or actions.
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