The subject of the paper is assessment of the credit risk of small and medium-sized enterprises (SMEs) in the conditions of the COVID-19 crisis. The paper gives the overview of the theoretical and professional literature on the existing accounting standards related to the assessment of expected loss and banking regulations in terms of capital adequ...

By Miloš Pjanić, Stevan Luković, Mirela Mitrašević

Fiscal consolidation is one of the most commonly used instruments of fiscal policy in order to "recover" the economy of a country. Successful implementation of the fiscal consolidation plan leads to a reduction of the budget deficit and public debt, with expansive effects primarily related to GDP growth. However, the success of fiscal consolidation...

By Biljana Stanivuk

Changes in the payment systems of some countries, initiated by the use of cryptocurrencies, have opened up many dilemmas in the economic literature. Although knowledge of this phenomenon has not been yet sufficiently crystallized, some states managed to regulate its use. In this paper, we investigate whether cryptocurrencies can be considered аs а ...

By Jadranka Đurović-Todorović, Marina Đorđević, Milica Ristić-Cakić

Глобализација у својој актуелној форми представља нови динамички комплекс, посебно када су у питању њене импликације на економију и пословање привредних субјеката. Она своје импликације не испољава само кроз конкуренцију, него и кроз економски раст и развој. Савремено предузеће треба да обезбиједи адекватан менаџмент који је способан да креира и ра...

By Слободан Суботић, Витомир Старчевић, Горан Митровић

Promena je preduslov opstanka meĎu pojedinačnim ljudskim bićima, što je još više izraženo u organizacijama koje oni stvaraju i u kojima rade. Jednostavno rečeno, ako neka organizacija ne menja ono što nudi svetu –svoje proizvode ili usluge – i način na koji stvara i isporučuje ono što nudi, organizacija neće opstati. Pritis...

By Dejan Gligović, Dragan Vukasović, Andrijana Mrkajić Ateljević

The governments of all countries of the world have faced up with the health crisis caused by the Covid 19 virus pandemic in the previous and current year. This crisis turned into an economic crisis, considering that it was necessary to provide huge financial resources to overcome it. Governments "pumped" additional amounts of money by supplying the...

By Jadranka Đurović Todorović, Milica Ristić Cakić, Marina Đorđević

Slobodan protok roba, usluga, ljudi i kapitala, razvoj informacione i komunikacione tehnologije, učinili su da lokalni problemi postanu globalni. Finansijska kriza 2007. godine vrlo brzo je postala globalna. Pandemija kovida-19 izazvala je svetsku zdravstvenu krizu, koja je ubrzo prerasla u ekonomsku, uz pretnju da postane i društvena kriza....

By Tanja Vujović, Dragana Milenković

The development of productive forces in the twentieth, and especially in the twenty-first century, takes place in the sign of the affirmation of knowledge, as a basic resource of the development of society and changes in its civilization that is taking on a new era in its evolutionary development. The importance of knowledge has grown thanks to cha...

By Aleksandar Živković, Miloš D. Lutovac

The free flow of goods, services, people and capital, and the development of information and communication technology have all made local problems global. The 2007 financial crisis very quickly became global. The COVID-19 pandemic caused a worldwide health crisis, which quickly became an economic one, with threats of becoming a social one as well. ...

By Tanja Vujović, Dragana Milenković

The financial crisis has adversely affected all the countries of the world in the conditions of globalization with different intensity, no matter if it is higher or lower level of development and different economic structures. In the context of globalization in the countries in transition, the banking system was reformed, thus creating a new financ...

By Milan Radaković, Miloš Dragosavac, Nenad Vunjak