Benford's law, known as the law of the first digit, is used as a basic method to identify possible manipulation, or errors dеtection, in a large data set. Namely, according to that law, the first digits of the corresponding data set appear with a frequency determined according to the decreasing logarithmic law, which is contrary to the intuition ab...

By Jelena Stanojević, Vesna Rajić

Current geopolitical shifts of tectonic scale generate a set of new challenges for global economic leaders all around the world testing their abilities to adjust fast enough to radically changing environment and finding the appropriate commercial solutions. Country’s global leadership refers to its ability to influence the global economy thro...

By Olga Y.Trofimenko, Sergei Sutyrin

Studies built on dependency and world-system theory using network approaches have showed that international trade is structured into clusters of ‘core’ and ‘peripheral’ countries performing distinct functions. However, few have used these methods to investigate how sanctions affect the position of the countries involved in t...

By Fabio Ashtar Telarico

The world economy has been exposed to intense cyclical movements since the beginning of the 21st century. After the global economic crisis of 2008, several years of stabilization and recovery followed. Тhe last few years have seen global disruptions caused by various factors, such as: the migrant crisis, the crisis caused by the COVID-19 pandemic a...

By Bilјana Srdić Gojković, Branko Krsmanović, Milenko Krajišnik

The role and importance of socially responsible business in the last few years has been recognized in various economic activities. In addition to its importance in various economic activities, corporate social responsibility plays an important role for sustainable development. The aim of the work is based on the examination of the achieved level of...

By Marko Aleksić, Nemanja Berber, Dimitrije Gašić

The company's financing structure is one of the main factors of its successful functioning, as well as finding an adequate balance between its own financing and debt financing. Debt financing is a common way for companies to raise funds for their operations, investments, and other business activities. It involves borrowing money from lenders or inv...

By Miloš Đaković, Nada Milenković, Jelena Andrašić

For businesses, geopolitics is observed and addressed at the national and regional levels. Given that human resources play a central role in the functioning of enterprises, the ongoing challenge is to employ a variety of human resource management practices in response to crises. Therefore, organizational human resource management policies deserve a...

By Jelena Zelenović, Nebojša Malenković

Cryptocurrencies represent a new form of property that exists only on the Internet. The first cryptocurrency to appear on the global market was Bitcoin, and its appearance is linked to the first financial crisis in 2008. The market capitalization of Bitcoin grew very quickly and in 2017 reached the highest capitalization in history (334 billion US ...

By Suzana Stevanović, Vitomir Starčević, Ljubiša Mićić

The modern world is a complicated paradigm of influence and struggle for interests, with the fact that the possibilities of winning positions have diversified and increased in a sophisticated way!? Military, economic and political scenarios and penetration projects are integrated with the aim of gaining dominance in the market, especially in the ma...

By Spasoje Tuševljak

This article derives its foundation from my conference keynote address. Specifically, the perspectives I have chosen align with images and realities drawn from the contemporary global economy, which I have synthesized into a comprehensive collection of the most significant contemporary economic challenges we encounter worldwide. The purpose of each...

By Panagiotis Kontakos