Artificial intelligence and machine learning have increasing influence on the financial sector, but also on economy as a whole. The impact of artificial intelligence and machine learning on banking risk management has become particularly interesting after the global financial crisis. The...

The analysis of the banking / financial business impact on economic growth is a topic present in the world economy for centuries. In recent years, this topic has gained on importance in international economic circles. Actuality of the aforementioned impact particularly sparked the global...

The analysis of the banking / financial business impact on economic growth is a topic present in the world economy for centuries. In recent years, this topic has gained on importance in international economic circles. Actuality of the aforementioned impact particularly sparked the global...

Maastricht criteria are well known to be arbitrarily designed. To top it all off, times and again they’ve been only briefly fulfilled and –worse even- often manipulated with. Among them, fiscal criteria and overall Stability and Growth Pact are perhaps the most controversial of all, as...

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...

Since its creation in 1957, the European Union (EU) has 27 member states today. The process of the enlargement of the EU is not finished yet, and the EU opens its doors to the other countries, mainly Western Balkan countries – so Serbia is the part. We present here the actual situation of the...

It is clear that globalization and internationalization are the processes that have not emerged today, but what is emphasized in this paper is the impact that these processes have on the social, technological, political and economic rebuilding of the modern world order. The paper elaborates on...

The current global crisis is systemic by being propagated in a banking, financial and economic crisis. It represents a negative external demand shock for Western Balkan Countries (WBC) with an impact on the banking and financial sector first (dice the third 2008 quarter) and then, since the...