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UPOTREBA MJENIČNOG MEHANIZMA PLAĆANJA I KREDITIRANJA KAO MODEL EKONOMSKOG RASTA I RAZVOJA BOSNE I HERCEGOVINE
IF 0.3 Q4 ECONOMICS Pub Date : 2020-07-05 DOI: 10.7251/joce204007j
Dragan Jović
Istraživanje je posvećeno jednom zaboravljenom finansijskom mehanizmu za povećanje ponude novca i ukupne tražnje na nivou ekonomskog sistema. Finansijski mehanizam koji je primjenjivala Njemačka u periodu 1934-1938. zahtijeva znatne izmjene ako se namjerava primijeniti u ekonomsko-finansijskom sistemu Bosnei Hercegovine. Pod uslovom dosljedne, planske i postepene primjene i uvođenja, upotreba mjenice kao sredstva plaćanja i kao sredstva kredita, uz koordinaciju ostalih ekonomskih politika, ne bi trebalo uopšte da dovede do inflacije, a ni do rasta javnog duga u srednjem roku. Pozitivni efektim primjene MEFO finansijskog mehanizma na domaćem tržištu bi bili prekidanje deflacionih pritisaka, dinamičan privredni rast, izmjena privredne strukture u korist proizvodnih i industrijskih djelatnosti, rast kamatnih prihoda privrede i promjena strukture kredita u bankarskom sektoru Bosne i Hercegovine.
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引用次数: 0
OPTIMIZACIJA STRUKTURE KAPITALA U FUNKCIJI POBOLJŠANJA FINANSIJSKOG POLOŽAJA NA PRIMJERU PREDUZEĆA "ELEKTROKRAJINA" AD BANJA LUKA
IF 0.3 Q4 ECONOMICS Pub Date : 2020-07-05 DOI: 10.7251/joce204037j
D. Janjić
U nekim fazama razvoja kod kompanija se vrlo često pojavljuje potreba da se privuku spoljni izvori finansiranja. Jedno od osnovnih pitanja koje se postavlja jeste: koji je optimalan odnos duga i akcijskog kapitala u finansiranju kompanije, odnosno kako se određuje optimalna struktura kapitala neke kompanije? Dakle, ovdje je riječ o strukturiranju pasive bilansa stanja preduzeća, odnosno o uspostavljanju optimalnog odnosa sopstvenog kapitala i dugova (obaveza).Shodno tome, u cilju poboljšanja finansijskog položaja kompanija u Republici Srpskoj, u okviru ovog rada pokazaćemo kako se vrši optimizacija kapitala. Takođe, kroz ovaj rad ćemo pokazati važnost optimizacije strukture kapitala u cilju uspostavljanja dugoročne finansijske ravnoteže. Prema tome, sigurni smo da će tvrdnje, činjenice i dokazi prikazani u ovom radu biti od koristi kako studentima, tako i akademskim istraživačima, teoretičarima i investitorima.
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引用次数: 0
ISKUSTVA PRIKLJUČENJA MALE POSTTRANZICIJSKE ZEMLJE EKONOMSKOJ INTEGRACIJI: poslovni slučaj Republike Hrvatske
IF 0.3 Q4 ECONOMICS Pub Date : 2019-05-22 DOI: 10.7251/JOCE1901076S
N. Šerić
Priključenje male posttranzicijske zemljeekonomskoj integraciji trenutno ne osigurava dobrobiti kakvestanovništvo nove članice priželjkuje. Ekonomska integracijapriključenje nove članice promatra prvenstveno u kontekstuproširenja zajedničkog tržišta i mogućnosti ispunjavanjafinancijskih obaveza nove članice koje punopravno članstvopretpostavlja. Kada mala posttranzicijska zemlja ispuni uvjeteza punoprav no članstvo u ekonomskoj integraciji, često nije nitikadrovski niti stanjem društvene svijesti sposobna iskoristiti i svapripadajuća prava i financijska sredstva. Političke elite malihposttranzicijskih zemalja često vizije osobnih karijera (uustanovama i tijelima ekonomske integracije) postavljaju ispredinteresa svoje zemlje. Zbog toga lobiraju za punopravno članstvoneovisno o kadrovskom i stanju društvene svijesti lokalnogstanovništva. Zbog toga se posljednjih desetljeća često događaloda su nove članice u punopravno članstvo ekonomske integracijepristupale kadrovski i društveno nespremne. Niz godina nakonpristupanja ekonomskoj integraciji nisu u mogućnosti iskoristitisva predviđena prava. Posljedica preuranjenog punopravnogčlanstva zbog novih financijskih obaveza su negativne posljedicepo nacionalnu bruto bilancu. Na temelju objedinjenih nalazaistraživanja relevantnih autora koji su analizirali neželjenaiskustva Portugala i Španjolske u Europskoj uniji i Meksika uNafti provedeno je istraživanje iskustava Republike Hrvatske uperiodu nakon njenog priključenja Europskoj uniji. Sukladnospoznajama toga istraživanja izložene su preporučljive sugestijeza njeno repozicioniranje u Europskoj uniji. Predstavljeni nalaziistraživanja i sugestije korisni su za sve male posttranzicijskezemlje Balkana koje teže članstvu u Europskoj uniji ili nekojdrugoj ekonomskoj integraciji.
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引用次数: 0
THE IMPACT OF INDUSTRY 4.0 ON THE TRANSFORMATION OF THE BANKING SECTOR 工业4.0对银行业转型的影响
IF 0.3 Q4 ECONOMICS Pub Date : 2019-05-22 DOI: 10.7251/JOCE1901006M
Boško Mekinjić
Industry 4.0 or Digital Revolution ischanging the way we live, changing interactions withclients and companies, which inevitably implies thatboth existing business methods and financial servicesare not exempt from this change. In the bankingworld, accelerated digitalization has made banks intensivelyre-examine traditional business models,which means that they have to respond quickly andefficiently to the demands of their clients while offeringsafe and simple services for use. Security and trust arestill key determinants, and banks have developed innovativebanking services and products over the pastfew years, including secured systems that reliably protectdata and money of clients. However, just like anyindustrial revolution, both Industry 4.0 and its impacton the transformation of the banking sector carrywith themselves both positive and negative consequencesof this transformation. Digitalization of thebanking sector is in full capacity, with the fact that thisprocess also includes other component parts of the Industry4.0, such as blockchain networks, artificial intelligence,IoT, biometrics, cooperation of banks withFinTech companies, preparation of the platform andother services for the Generation Z and other.In this paper, we explore how increased competition,new legislation, and all the changes that camewith digitalization, will affect the banking sector inthe upcoming period, will the banking sector look significantlydifferent in the upcoming years, and will, despiteall technological changes, human factor, trustand security still be the key determinants.
工业4.0或数字革命正在改变我们的生活方式,改变与客户和公司的互动,这不可避免地意味着现有的商业方法和金融服务都不能幸免于这种变化。在银行业,加速的数字化使银行重新审视传统的商业模式,这意味着他们必须快速、有效地响应客户的需求,同时提供安全、简单的服务。安全和信任仍然是关键的决定因素,银行在过去几年中开发了创新的银行服务和产品,包括可靠地保护客户数据和资金的安全系统。然而,就像任何工业革命一样,工业4.0及其对银行业转型的影响都带来了这种转型的积极和消极后果。银行业的数字化正在全面展开,事实上,这一进程还包括工业4.0的其他组成部分,如区块链网络、人工智能、物联网、生物识别、银行与金融科技公司的合作、为Z世代准备平台和其他服务等。在本文中,我们探讨了竞争加剧、新立法以及数字化带来的所有变化将如何影响未来一段时间的银行业,银行业在未来几年是否会有显著不同,以及尽管有技术变革、人为因素、信任安全仍将是关键决定因素。
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引用次数: 15
FUTURE OF CRYPTOCURRENCIES AND BLOCKCHAIN TECHNOLOGY IN FINANCIAL MARKETS 加密货币和区块链技术在金融市场的未来
IF 0.3 Q4 ECONOMICS Pub Date : 2019-05-22 DOI: 10.7251/JOCE1901056R
Goran Radivojac, Miloš Grujić
In this paper we are presenting scopeand restrictions on the use of cryptocurrencies in internationalbusiness, banking and in financial marketsThe subject of this research is to analyzeutilization of cryptocurrencies in the internationalbusiness. The goals of the research are to provide tothe researchers and to practitioners and to the scientificand professional public, an overview of currentresearch on blockchain technology in the economyand to determine the impact of the wider use of cryptocurrenciesin international business and their impacton the future of financial markets..The researchwas realized by the method description, literatureanalysis and conducted research. The selected examplesare presenting the possibility of earning, buyingand storing cryptocurrencies, paying with cryptomoneyand invest in them. In the paper we aresearching for an answer to the question “What arethe advantages and disadvantages of using cryptocurrenciesin international payment and what is the securityof using cryptocurrencies in the future?” In theanswer, this paper will present in what direction theuse of crypts will develop in the future. Results arepresenting the blockchain technology, though backgroundtechnology, which would not be known thatcryptocurrencies did not gain popularity, has a brightperspective. Conclusion presents that as long as thetransaction costs are lower than the cost of paymenttransactions, the rational behavior of legal and naturalpersons requires that they should encourage the useof cryptocurrencies among themselves in order to reducethe costs of the transactions when paying and toovercome the existence of an intermediary.
在本文中,我们介绍了在国际业务,银行和金融市场中使用加密货币的范围和限制。本研究的主题是分析加密货币在国际业务中的利用。本研究的目的是为研究人员和从业者以及科学和专业公众提供当前区块链技术在经济中的研究概况,并确定加密货币在国际业务中广泛使用的影响及其对金融市场未来的影响。本研究通过方法描述,文献分析和进行研究来实现。所选的例子展示了赚取、购买和存储加密货币、用加密货币支付和投资加密货币的可能性。在本文中,我们正在寻找“在国际支付中使用加密货币的优点和缺点是什么,以及未来使用加密货币的安全性是什么”这个问题的答案?在回答中,本文将介绍未来地穴的使用将朝着什么方向发展。结果展示了区块链技术,虽然背景技术,不知道加密货币没有得到普及,有一个光明的前景。结论表明,只要交易成本低于支付交易成本,法人和自然人的理性行为要求他们应该鼓励他们之间使用加密货币,以降低支付时的交易成本,克服中介机构的存在。
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引用次数: 2
THE NECESSITY OF BUILDING ENTREPRENEURIAL ECOSYSTEMS IN THE EDUCATIONAL SYSTEM OF SMALL POST-TRANSITION DEVELOPING ECONOMIES FOR THE FOURTH INDUSTRIAL REVOLUTION 转型后小型发展中经济体在教育体系中构建创业生态系统的必要性
IF 0.3 Q4 ECONOMICS Pub Date : 2019-05-22 DOI: 10.7251/JOCE1901030P
Saša Petković, Svetlana Kisić
Youth unemployment rate in Bosnia andHerzegovina (BiH) is one of the largest in the world. Ahigh percentage of unemployed and inactive young peopleis the result of on the one hand, insufficiently rapid economicdevelopment of small post-transition economies andon the other hand, the mismatch of supply and demand inthe labor market. In the long run, reformed modern formaleducation at all levels, as well as non-formal education,particularly entrepreneurship and STEAMeducation, could make a significant contribution to economicgrowth and development of small post-transitiondeveloping economies, by strengthening the entrepreneurialecosystem of educational institutions at all levels and thedevelopment of entrepreneurship. The goal of the researchis, through the review of empirical studies, to analyze successfulpractices of applying entrepreneurship educationand building the entrepreneurial ecosystem in primary, secondaryand higher education and modeling strategic directionsof curriculum reforms at all levels of the educationsystem in small post-transition developing economies, witha focus on the reform of the education system of higher educationin the Republic of Srpska and Bosnia and Herzegovina.We used historical method, method ofclassification, method of analysis and synthesis, and a casestudy. In the case study, on the example of the University ofBanja Luka (UNIBL), we can conclude that UNIBL stilldoes not have the characteristics of entrepreneurship universityand that the reform of the University is necessary.
波斯尼亚和黑塞哥维那(波黑)的青年失业率是世界上最高的。青年失业和不活动比例高,一方面是转型后小型经济体经济发展速度不够快的结果,另一方面是劳动力市场供需不匹配的结果。从长远来看,改革后的各级现代正规教育,以及非正规教育,特别是创业教育和蒸汽教育,可以通过加强各级教育机构的创业生态系统和创业精神的发展,为转型后的小型发展中经济体的经济增长和发展做出重大贡献。本研究的目的是通过对实证研究的回顾,分析转型后小型发展中经济体在中小学和高等教育中应用创业教育和构建创业生态系统的成功实践,并对各级教育体系课程改革的战略方向进行建模,重点研究塞族共和国和波斯尼亚和黑塞哥维那的高等教育体系改革。我们采用了历史研究法、分类研究法、分析综合研究法和个案研究法。在案例研究中,以巴尼亚卢卡大学(UNIBL)为例,我们可以得出结论,UNIBL仍然不具备创业型大学的特征,大学的改革是必要的。
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引用次数: 2
OTVORENI INVESTICIONI FONDOVI U REPUBLICI SRPSKOJ NASTALI OBAVEZNIM PREOBLIKOVANJEM ZATVORENIH INVESTICIONIH FONDOVA
IF 0.3 Q4 ECONOMICS Pub Date : 2019-05-22 DOI: 10.7251/JOCE1901090K
Aleksandra Krčmar
Otvoreni investicioni fondovi uRepublici Srpskoj koji su predmet istraživanja uovom radu nastali su obaveznim preobliko va -njem privatizacionih investicionih fondovaosnovanih u postupku masovne vaučerskeprivatizacije državnog kapitala, koji se odvijao udvije faze. Prvobitno su privatizacioni inve -sticioni fondovi 2006. godine transformisani uzatvorene investicione fondove, a posljednjimizmjenama regulative iz 2015. godine propisanoje obavezno preoblikovanje ove grupe zatvo -renih investicionih fondova u otvorene inve s -ticione fondove. Očekivanja od navedenogpostupka znatno se razlikuju. Iako je u pro -teklom periodu došlo do pada svih pokazateljauspješnosti zatvorenih investicionih fondova,očekivano unapređenje poslovanja otvorenihinvesticionih fondova u smislu efikasnijegupravljanja portfeljom može biti otežano usljednepovoljnih uslova na tržištu kapitala RepublikeSrpske. Ovaj rad istražuje dosadašnje efektepreoblikovanja investicionih fondova uRepublici Srpskoj i daje pregled mogućihpravaca njihovog daljeg razvoja.
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引用次数: 0
期刊
International Journal of Contemporary Economics and Administrative Sciences
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