×
Home Current Archive Editorial board
News Contact
Vol 19, No 38 (2025)

Volume 19 Issue 38 2025

Publishing collaboration

info

Edited by:

Vitomir Starčević

Vol. 19, No. 38 (2025):

Published: 09.10.2025.

Novi Ekonomist

Journal indexing and metrics

56 DAYS

Median submission to first decision

10 DAYS

Median acceptance to publication

Current issue
09.10.2025. Scientific article
USING AI TO VERIFY AND ANALYZE BENFORD'S LAW IN REAL DATA

By Vesna Rajić, Jelena Stanojević

09.10.2025. Scientific article
LEADERSHIP IN A MULTIPOLAR WORLD: A COMPARATIVE ANALYSIS OF LEADERSHIP STYLES IN A MULTIPOLAR ENVIRONMENT

By Biljana Kovačević, Ana Aleksić Mirić, Katarina Božić

09.10.2025. Review
APPLICATION OF ARTIFICIAL INTELLIGENCE IN CLUSTER ANALYSIS FOR ENHANCING PRODUCTIVITY AND SUSTAINABILITY IN AGRICULTURAL PRODUCTION IN THE REPUBLIC OF SRPSKA

By Mirela Mitrašević, Radomir Bodiroga, Katica Radosavljević, Biljana Chroneos Krasavac

09.10.2025. Review
FISCAL (IN)STABILITY IN THE COUNTRIES OF THE WESTERN BALKANS

By Biljana Srdić Gojković, Jelena Poljašević, Sanja Popović

Recent issues
See all
Most read
See all
Review
THE CONCEPT OF CLOUD MARKETING

By Mirjana Maksimović, Zvjezdana Gavrilović

Industry 4.0 can be interpreted as a business discipline that has led to the automation and digitalization of business systems thanks to Internet of Тhings, Cyber Physical Systems, Cognitive computing, but also Cloud computing that is crucial to the continuous development of Industry 4.0, because Cloud-based technology connects and centralizes information essential for business, and in addition provides an open source platform that improves research for the entire industry. In order to meet customer needs, different industrial branches apply Cloud computing which allows companies to adapt more easily to ongoing technological innovations. Cloud computing with unlimited networking capabilities enables businesses to optimize their business processes and activate their applications, which provide them with data necessary for business analytics. Additionally, thanks to innovative applications on the Cloud platform, personal adaptation to the individual needs of users is made. All of this has also affected the emergence of Cloud-based marketing, which implies the activity of organizations focused on the digital delivery of products and services tailored to users’ individual needs. This paper analyzes the concept of Cloud marketing and defines Cloud marketing platforms that contribute to the optimization of marketing strategies, and the increase in return on investment.

30.12.2024. Scientific article
MONEY LAUNDERING USING CRYPTOCURRENCIES

By Marijana Joksimović, Marija Paunović, Stevica Dedjanski

Review
CREDIT RISK OF SMALL AND MEDIUM-SIZED ENTERPRISES IN THE CONDITIONS OF THE COVID-19 CRISIS

By Miloš Pjanić, Stevan Luković, Mirela Mitrašević

28.06.2024. Scientific article
THE ROLE OF THE MONETARY POLICY IN STABILIZING INFLATION IN THE EUROPEAN MONETARY UNION DURING THE ENERGY CRISIS

By Vlatko Paceskoski, Filip Taskovski

Monetary policy, together with fiscal policy, are key policies in stabilizing economies from shocks that come from offers and demands. The monetary policy, with the application of its instruments and channels of transmission, among other things, aims to maintain a stable level of prices, that is, a low level of inflation by permanently creating targeted measures and establishing a target corridor in which inflation should move towards.The emergence of the Corona crisis in 2020 indirectly through the governments' health care measures, which included the ban on movement, implied the disruption of global supply chains, the reduction of aggregate demand, and the depletion of state budgets, in addition to this, the beginning of the Russian-Ukrainian conflict and the imposition of sanctions on banning trading in Russian oil and gas on the world stock exchanges caused a rapid increase in the prices of energy in Europe, this reflected in the prices of almost all products and services, and the same resulted in a characteristically high or double-digit inflation rate within the Eurozone.

The subject of the research is the analysis of the role of monetary policy in the stabilization of inflation in the Eurozone through monetary measures, instruments of the European Central Bank and transmission channels. The scientific goal of the research is to examine the impact of monetary measures on the stabilization of inflation in the Eurozone by applying a theoretical-methodological basis and quantitative analysis.

From the research it can be concluded that with a high inflation rate, the monetary policy has a significant role in creating policies and measures for stabilization and reduction of inflation precisely because a significant correlation has been identified between inflation and the variables that can be affected by monetary measures, it can also be concluded that the Eurozone, even though known as a complicated optimal currency area due to the fact that different countries are in different business cycles, the ECB's measures had a stabilizing role and contribute to the reduction of inflation and macroeconomic stability as a whole.

Scientific article
C EFFICIENCY RATIO AS A MEASURE OF VAT EFFICIENCY IN EU DEVELOPING COUNTRIES AND SERBIA

By Jadranka Đurović-Todorović, Milica Ristić, Marina Đorđević

30.12.2024. Scientific article
SECURITY AND TRANSPARENCY IN FINANCIAL REPORTING: TRANSFORMATION THROUGH TRIPLE-ENTRY ACCOUNTING

By Teodor Petrović, Ljiljana Tanasić, Željana Jovičić

In the contemporary business environment, traditional accounting systems, such as double-entry bookkeeping, face increasing criticism due to growing demands for transparency and security in financial transactions. While double-entry bookkeeping remains the foundation of modern accounting practices, its limitations are increasingly evident in the context of complex business operations and the need for robust safeguards against errors and fraud. This paper explores triple-entry accounting as an advanced alternative, leveraging blockchain technology to enhance transparency, security, and efficiency. By incorporating a third party into traditional T-accounts through a unique transaction identifier (hash), the system enables both accurate transaction recording and real-time verification, significantly reducing risks of manipulation and errors. Although the concept of triple-entry bookkeeping is not new, its revival is noteworthy given recent technological advancements. These innovations introduce a paradigm shift in financial reporting, with the potential to fundamentally transform business practices. Through a case study, this research examines the practical application of this system in real-world settings, highlighting both its benefits and challenges. The findings suggest that triple-entry accounting has the potential to significantly enhance existing practices, offering deeper insights into financial operations, better risk management, and increased reliability of financial statements. This study establishes a foundation for further research, paving the way for the broader adoption of advanced accounting models. Such models are essential for meeting the escalating demands of modern business complexities.

ABSTRACTING AND INDEXING

The Novi Ekonomist is included to all relevant abstract and citation databases. For a full list visit About page. These include (but are not limited to):

Partners