The contemporary global economy appears to be structured around the relationships established between countries with strong foreign exchange balances and low domestic indebtedness, like China, and countries with high foreign exchange deficits and high domestic indebtedness, like the United...

SMEs financing is a major challenge that most developed as well developing or in transition countries have to taken up. In the case of Tunisia, this type of firms forms the backbone of the economy and provides undoubtedly a key role in its development. However, these SMEs suffer from...

Detrimental global financial crisis had devastated world financial system. The year of 2008 was the hardest for stock exchange since the 1931, and 1931, 1937 and 2008 are the hardest years for stock exchange during the last two centuries. Negative international monetary circumstances have not...

Expansion of banking sector in Serbia, the result of regulatory reforms in financial system, has been followed by increased growth of capacities, productivity and profitability. Reduction in the number of banks, strengthening of the capital base and more efficient methods of management are the...

In the process of preparation for membership of the European Union (EU) Western Balkans countries are obliged to harmonize their legal system with the EU law and with the rules providing the functioning of the EU internal market. The provisions regulating the banking sector are highly important...

The procedures necessary for the assessment of financial power and profitability of business operations of the enterprise "D", which are set as a goal analysis has been carried out. Procedures applied in the analysis increased the power of information and usefulness of available information,...

After more than eight years of implementing transition reforms, the economic environment in Serbia, while showing signs of progress, remains unsatisfactory. The economy of Serbia is facing too many difficulties, which are reinforced by the “spillovers” from the global financial crisis....

International capital flows, transfer of real and financial funds between different countries’ legal entities became very intensive after WWII. Importance of foreign investments in the world market is continuously growing since. The level of foreign investments has significantly fluctuated...

The global financial crisis has been threatening the banking world since 2007. The erosion of profits and rising losses of banks have been the inevitable consequence of this crisis. "The decline in bank profits was a global phenomenon" (BIS, 2009). Consequential decline in profitability during...

The current crisis is spreading from the rich countries to those which surround them respectively, countries wherein its degree of gravity is even greater; in turn, that effect sets off a yet stronger backwash in those countries in the Centre, which further aggravates the situation. This...