Automatic stabilizers as a factor of cyclical fluctuations stabilization attract economists' attention for several decades. This paper deals with the mechanisms through which automatic stabilizers influence economy and positive and negative effects on aggregate demand they can produce. It is...

The paper deals with a topic that is related to the economic development of Serbia. First, they provide economic development goals. Then, the author pays attention to the economic growth. An analysis of the current state of economic growth is a slow and long process. Then, the paper pays...

Cluster organizations today are one of the accelerators of economic development. Successful clusters attract professionals, technology and investment, serve a global market and connect with other regional clusters that provide similar activities in the global value chain. The aim of this paper...

In modern political systems, in which increasingly speaks of the alienation of power from the people, "local government undoubtedly plays a major role in the participation of citizens in public affairs, thus making an important corrective to direct democracy and factual inability of citizens to...

Passivity of companies to change, leads them into danger. It then becomes less competitive and lose its market, until jeopardize the existence of the company. Such adverse changes in business with the tendency of further deterioration of the crisis are called businesses crisis. Analysis of the...

In a dynamic tourism industry, the tourism market which is becoming increasingly competitive, business success of one destination directly depends upon in advance programmed objectives and ways of their implementation. Turbulent changes, tendencies and trends in the part of tourism demand and on...

Knowledge of environmental laws, processes and phenomena in the nature enriches human to perceive it bodily. Arranging it to his needs he mustn’t disrupt the process or disarrange the functional balance that exists between human beings and theirs environment. It can be avoided if ones are...

Accurate and professionally based understanding of structural processes is extremely important in order to successfully direct the developmental course of our country, because with that further mistakes, that have accompanied our industry development so far, can be avoided. The solution for the...

For the majority of international investors, country's risk and sovereignty risk are the greatest risks. Country's risk usually includes political and economic uncertainty. Transition countries are characterized by big budget deficit, inflation, domestic currrency appreciation, inconstant...

Employee satisfaction related to their job, possibilities of career development, mechanisms of performance measurement and reward, as remuneration systems are of growing importance. Expectations of highly educated workforce continuously increase, so recruiting and retention of such workers...