(Ne)načelno o slobodi i civilizaciji
Civilisation represents development of people, improvement of their personal capabilities, their feelings, thoughts; it is development of a nation, national freedom and economy, national virtues.
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Civilisation represents development of people, improvement of their personal capabilities, their feelings, thoughts; it is development of a nation, national freedom and economy, national virtues.
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The arrest of Ratko Mladić... Negotiations on Kosovo... Divac and privatisation...
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Fact about Premier Zoran Đinđić taking part in organisation of the Council for fight against corruption and that he was assassinated half an hour before it began isn’t really …
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Three years after the assassination of Premier Zoran Đinđić his grave is still covered with flowers.
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Serbian telecommunication – is there a way out from the chaos; "Telecom Serbia" raised the prices of some of its services in March making them higher 6 to 20 times (precisely from 513% to 1943%). Serbian Government agreed with it…
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On Tuesday, 14th March, in Centre Sava’s Main Hall, a premier of a documentary movie dedicated to the life of Bishop Nikolaj Velimirović was held.
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Twenty years after the first, London edition of Bogoljub Kočović’s paper on the victims of the World War II in Yugoslavia, the readers in our country have a chance to read this material which has been raising controversial interpretations ever since it has been published...
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Biljana Jovanović (1953-1996) – writer, activist for human rights, from Belgrade. She was an initiator and organiser of the anti-war manifestations. She published novels Fall of Avala, Dogs and many other drama texts and poetry...
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Biljana Jovanović, poet and writer, activist for human rights and anti-war movement until her very end, is now ironically looking at us from photos exhibited in the Centre for cultural decontamination. In her memory…
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Article about Biljana Jovanović, serbian writer and activist for human rights.
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The life of the most popular prisoner of The Hague Slobodan Milošević came to an end.
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In the article decision management in a global currency market „“FOREX““ model is presented. The model is based on the adequate for investment profit stochasticity assessment portfolio earlier suggested by the author, including portfolio and currency exchange rates fluctuations forecasting system, used to evaluate decisions reliability. The possibilities of model practical application are presented. Experimental results of the model application enable us to state that global currency and capital markets are not homogeneous, that almost always there are possibilities to find a decision management strategy, permitting to have advantage over overall market decisions made, using only historical market data.
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The article the Impact of a Banking Sector on Economic Growth: Theoretical and Practical Aspects” provides a theoretical survey of the possible effects of a banking sector on economic growth, which includes a brief theoretical analysis of the role and functions of financial intermediaries in the economy and the empirical analysis of the effects of a banking sector on economic growth. Refering to the statistical regression models, the most influential factors of a banking sector to the economic growth have been highlighted, their impact is evaluated and economic interpretation of traced relationships presented.
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In this paper the methodology and uses of Monte Carlo simulation technique in the evaluation of investment projects are presented to analyse and assess the risk. The first part presents the theoretical background of Monte Carlo analysis in various process stages. The second part examines the interpretation of the results generated by the application of project formulation, financial and risk analysis including investment decision criteria and measures of risk based on the expected NPV value concept. The final part draws some conclusions regarding the usefulness and limitations of Monte Carlo analysis in investment appraisal.
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