Keywords: Cartel detection; collusion markers; industry studies; cement market.
The paper is devoted to a case of a cartel in Polish cement industry. Short description of the industry and characteristics of the cartel with its fundamental illegal practices, market sharing and price fixing have been done. We focused on examination of possibility of detection of a cartellike behavior of players in an industry on a basis of cartel markers’ evaluation, using statistical data we can actually obtain. On a basis of examination of market shares of players and price/supply processes we found distinctive, theoretically motivated patterns characteristic for collusive equilibrium in an industry.
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Keywords: Strategic planning; enterprises; transition economies; Macedonia
The aim of this study is to examine a wider list of factors (business structure, management structure and environmental factors), whose impact on the strategic planning in the private sector has been investigated. A total of 212 questionnaires were collected from different size, age, industry type and ownership enterprises working in the private sector in Republic of Macedonia. In order to analyze the variables that are determinants of the strategic planning, multiple linear regression was used. The business size, business control, intention to change the operations and business flexibility are very important factors in the enterprises that have a significant correlation with the strategic planning incidence. The importance of this study lays in its contribution to all past studies and research referring to this subject in transition and emerging countries, with emphasis on the case of the Republic of Macedonia as a transition economy, as well as in the examination of a wider list of factors whose impact on the strategic planning was examined.
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Keywords: Financial services export; banking; remote deposit; innovation in banking; financial services trading.
The present article discloses the problems connected with the export of financial services by commercial banks of three Baltic countries - Lithuania, Latvia and Estonia. The author cites examples of innovations in banking world markets for expanding variants and increasing efficiency of financial services export. Special attention is focused on such an innovation of the banking market of these countries as “EU remote deposit”. Aggregated results of the research of financial services export through questioning residents of the European Union are presented in the given article
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Keywords: Efficiency; Zaravshan valley; household survey; scarce resources; DEA model.
Water scarcity and land degradation increases led to a sharp rise in input resource’s costs. These developments make it increasingly difficult for agricultural farms to produce according to the demand for food and other commodities, especially owing a rapid population growth. The present study aims to focus on scarce resource use in the agricultural production of the Zarafshan valley by means of the efficiency analysis. A DEA model is estimated to investigate the farm level efficiency levels with respect to the use of the limited resources available to the farmers. By the application of linear programming methods a ‘best practice frontier is estimated’, classifying farms on the frontier as efficient and others as inefficient with respect to different scales. Technical and allocative efficiencies are calculated relative to the frontier. Results shows input resources are not used efficiently and a great majority of farms could effectively reduce considerable amounts of input use by still producing the same output.
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Keywords: Adam Smith; welfare; global economy; arbitrage; economies of scale.
The 1776 dated “Wealth of Nations” work of Adam Smith has formed economic dimension of the Industrial Revolution and also transformed economics into the identity of a social science. As if the wealth of nations, namely the welfare increase became the top goal two and a half centuries ago, it is the top goal today and in the future as well. So understanding Smith’s works well carries importance in fighting against poverty in the world. According to Smith, in the basis of the welfare increases (wealth of nations) are labor and cooperation. Tendency underlying cooperation is the tendency of swap. It is considered that understanding Smith’s works well will provide solution for poor countries and therefore contribute to poor population in the world to decrease. For solving poverty and problems concerning welfare (destitution, hunger, etc.), Smith’s works need more historic examination. In this study it was aimed to contribute to the given examination.
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Keywords: Financial crisis; early warning system model; logit model; the EU candidate countries.
The objective of this paper is to estimate the relative contribution of a wide array of determinants to outbreak of financial crises in the EU candidate countries (Croatia, Macedonia and Turkey) and to identify the best-performing early warning indicators of financial crises. We have estimated a binomial logit model of the three EU candidate countries for the period 2005Q1 to 2009Q4 using actual quarterly data. It has been found that the capital account indicators (gross external debt relative to export) and the financial sector variables (the domestic loans and the total bank deposits in relation to GDP) have the highest contribution of all early warning indicators, which is in line with the previous studies of financial shocks in emerging markets. The obtained empirical results give support to the thesis that financial crises in the EU candidate countries can not be solely explained and predicted by only one group of variables, but by a number of different types of indicators. Based on our empirical findings, the EU candidate countries are strongly suggested to decrease their stock of external debt to GNP and to continually analyze and close monitor the financial deepening processes in their countries.
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where Europe has come from and where it should be heading to. As the European Union approaches its ‘50th birthday’ — the fiftieth anniversary of the signing of the Treaty of Rome - it seems to many of us that Europe has lost the plot. Europeans badly need a new story that we can tell in our different languages and idioms.
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Keywords: contemporary European literature; contemporary Denish literature
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Keywords: contemporary Slovene literature
Excerpt from the novel
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Keywords: Baltic Region; Balkans; Territory; Identity and Transition
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Keywords: contemporary European literature
Amy Sackville brit (Mesterházy Mónika ford.) (54) Jean-Michel Guenassia francia (Pacskovszky Zsolt ford.) (55), Gaia Rayneri olasz (Lukácsi Margit ford.) (55), Noemí González Sabugal spanyol (Sós Éva ford.) (56), Vasco Luís Curado portugál (Felkai Piroska) (57), Franca Treur holland (Máthé Veronika ford.) (58), Simon Froehling svájci (Adamik Lajos ford.) (59), Esther Kinsky német (Tankó Tímea ford.) (60), Barbara Aschenwald osztrák (Szijj Ferenc ford.) (61), Alexandra Salmela finn (Bába Laura ford.) (62), Lasse Ernst dán (Bogdán Ágnes ford.)(63), Sylwia Siedlecka lengyel (Keresztesi Gáspár ford.) (64), Katarina Tholtová szlovák (Tóth Annamária ford.) (65), Olja Savičević Ivančević horvát (Xenia Detoni ford.) (66), Jan Nĕmec cseh (Barna Otilia ford.) (67), Hrisztosz Arjiru ciprusi (Pávai Patak Márta ford.) (68), Tadej Golob szlovén (Gállos Orsolya ford.) (68), Adina Rosetti román (Nagy Lajos ford.) (69), Ivan Dimitrov bolgár (Iván Andrea ford.) (70), Szvoren Edina magyar elsőkönyves (71) írásaiból
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