This paper aims to explore the importance of globalization for the development of entrepreneurship. Changes in global business environment require new business strategies. Small business owners are expected to be able to develop the resiliency of their businesses so that they can face severe external conditions. Their sustainability depends on the resilience but also on the perspectives of long-term business operations. Therefore, small and medium-sized enterprises must demonstrate their ability to anticipate changes in the market, react to them, and initiate them. This implies improvement of basic processes, learning new skills and closer cooperation with external and internal partners. Small enterprises need to redefine their goals and use their resources more effectively as a necessary condition for expanding maneuvering space for growth and for achieving sustainable development. Finally, it is concluded that organizations must establish the right balance between the challenges and benefits of globalization, and the four basic areas for achieving the right balance are adequate cost, human resources and risk management, as well as the formulation of a strategy that follows the requirements of the global market game.

Sustainable solid waste management needs more dedicated attention in respect of environmental and human health protection. Solid waste containing persistent organic pollutants is of special concern, since persistent organic pollutants are persistent, toxic and of high risk to human health and the environment. The objective of this investigation was to identify critical points in the Serbian system of solid waste and persistent organic pollutants management, to assure the life cycle management of persistent organic pollutants and products containing these chemicals, including prevention and final destruction. Data were collected from the Serbian competent authorities, and led us to identify preventive actions for solid waste management that should reduce or minimise release of persistent organic pollutants into the environment, and to propose actions necessary for persistent organic pollutants solid waste. The adverse impact of persistent organic pollutants is multidimensional. Owing to the lack of treatment or disposal plants for hazardous waste in Serbia, the only option at the moment to manage persistent organic pollutants waste is to keep it in temporary storage and when conditions are created (primarily financial), such waste should be exported for destruction in hazardous waste incinerators. Meanwhile, it needs to be assured that any persistent organic pollutants management activity does not negatively impact recycling flows or disturb progress towards a more circular economy in Serbia.

This study roughly quantifies the impact of POP chemicals on human health in Serbia. • POPs chemicals have negative impact to economic development. • Cost of diseases possibly caused by POPs in Serbia could reach €68 million in 5y time. • According to BCR ratio, every €1 of cost will return €2.77 of benefit in 5y time.

Abstract

Пре глед ни рад ПОЛИТИЧКА РЕВИЈА POLITICAL REVIEW Година (XXVI) XIII, vol=42 Бр. 4 / 2014. стр. 141-160. -141 --141 -* Редовни прoфeсoр Бeoгрaдскe бaнкaрскe aкaдeмиje, Нaучни сaрaдник Институтa eкoнoмских нaукa. ** Нaучни сaрaдник. *** Oвaj рaд je дeo истрaживaчкoг прojeктa пoд шифрoм 179015 (Изaзoви и пeрспeктивe структурних прoмeнa у Србиjи: Стрaтeшки прaвци eкoнoмскoг рaзвoja и усклaђивaњe сa зaхтeвимa EУ), финaнсирaнoг oд стрaнe Mинистaрствa зa нaуку и тeхнoлoшки рaзвoj Рeпубликe Србиje.