The fiscal policy architecture is linked both with the political agenda of the public authorities as well as with the social preferences. The connections between these two determinants are evolving in a complicated web of reciprocal interactions. The purpose of this paper is to propose a simple...

The last few years have seen a growing interest in strategic management accounting (SMA). Following a consideration of what accounting techniques may comprise SMA, the results of a questionnaire survey investigating the incidence of 17 SMA techniques are reported. Data from 108 large Slovenian...

Business Angels are private individuals (or syndicates) who supply venture capital to businesses, mainly small start-up firms, in an informal investment market setting. This paper presents a preliminary analysis from the first phase of a research project that explores the emergence of Business...

The paper attempts to substantiate the conjecture of an optimum competitive area, tentatively referred to as a certain pattern of spatially-defined areas conducive to competitive development for industries or firms in such a way that benefits from competition are maximized. Following a...

The paper examines the changing role and responsibilities of man and women in 21st century.

The Ramsey model is an analytical structure aimed at explaining intertemporal optimal growth. As a consequence, business cycles cannot be generated resorting to this structure, unless one introduces some source of inefficiency. Our central argument is that firms forecast future demand using a...

This paper gives an insight into the role of technology in economic development in transition countries of Central and East Europe (CEE). The study analyses nature and type of relationships among different measures of technology (R&D) and output, and technology transfer possibilities through...

The goal of this paper is to empirically and theoretically analyze real exchange rate movements in transition countries. Since the beginning of the transition process, continuous real exchange rate appreciation has become stylized fact of all transitional economies. Most of the mainstream models...

The focus of this paper is to provide an overview of the nature of business process oriented tools and to develop a procedure that could help managers in the selection process in relation to the project goals, critical success factors, and business process oriented tools criteria. The proposed...

This empirical study examines the impact of agricultural reforms on the cotton sector of Tajikistan. It investigates the level and determinants of technical efficiency for a sample of cotton growing regions in Tajikistan. Using unbalanced panel data of 11-years covering the transition period...