This chapter studies the flow of funds and financial resilience of the banking industry in the Balkans in the face of the global financial crisis and the second great depression. After presenting the stylized facts in terms of standard variables like deposit potential, credit activity, capital...

Sustainable development as a theory, a concept and an idea, is a comprehensive framework for the development of mankind in the future, that is, the attempt to plan future development based on past experience, on the one hand, and objectives that are set to a specific or indefinite period of time...

Large number of facts and data during previous decades are bringing to conclusion that level of financial system development is very important for economic growth of one national economy. Subject of this chapter is development level of financial system of transition countries, as well as its...

The goal of this chapter is to point out the core changes in the development of the European financial system in the past several years. A number of factors have influenced these processes, such as: the aspiration of the European Union for increase in competitiveness of its own economy, negative...

Financial crisis, as shown in this moment, can provoke great economic and social damage which hurts trade. The cost of essential financial service is getting higher than usual, while their availability is reduced, which is reflected indirectly through depressing aggregate demand. The most...

The external costs and their inclusion, as a correction factor, to the calculation of the commercial effects of the companies, at micro level, respectively the negative impact of unsustainable use of natural environment at the macro level, still represents the research challenge. The...

The chapter analyses the effects of the global financial crisis on the insurance market of selected Western Balkan countries, taking into account their characteristics, the achieved level of development, frameworks within which they function, and emerged tendencies on the world insurance market....

This chapter aims to focus and further develop the issue of the importance of the EU integration process for the improvement of the regulatory quality and rule of law in Western Balkan countries. The process of legislative reforms started in parallel with their transition process from socialist...

The development of trade relations between Western Balkan countries represents very complicated and long-term process, including regional and trade integration. In this chapter we analysed foreign trade performances and various factors that used to affect on trade results between Western Balkan...

Since 2000 perspectives of European integration for the West Balkan countries became realistic. Long period of conflicts was finally behind and through Pact for Stability in South-East Europe the EU tries to provide political and other assistance for affected countries. The main goal is their...