Paper presents discussions on globalization of “Invisible Hand” of Market rules, and case study of Innovation Law in Serbia. Criticism of un-controlled spread of idea of neo-liberal capitalism throughout of transition countries, i.e. countries without knowledge and experience about market...

The restructuring of the company is usually taken into consideration in terms of reducing costs and the need to increase effectiveness. Most often this process results in downsizing. In this paper, we assume that downsizing does not necessarily mean lower costs and increase of effectiveness. In...

The main objective of the paper is to evaluate the effects of transition on economic trends in the Western Balkan (WB) countries by using the selected economic indicators and to elicit recommendations for more advanced economic growth. The economic trends in the WB countries in the last two...

The main purpose of this chapter is to analyse the pace of structural changes in the Serbian economy predominantly through comparative analysis with other countries of Western Balkans i.e. to identify the progress made in implementation these changes, main challenges and to perceive whether and...

In this text we will show a connection between the level of corruption and the level of the FDI entering an economy. We are focusing the institutional efficiency and institutions as regulating organisms. After presenting the theoretic approach, we will to approach our theoretic conclusions on...

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...