Impact of global economic crisis on Serbia’s economic development

Petrović, Pero; Vesić, Dobrica

doi:10.2298/medjp1501106p

Cited by 2 publications

(1 citation statement)

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“…Serbia has been trying to achieve a higher level of development [7]. Developed countries are mature and old economies, and most changes primarily originate from them.…”

Section: Introductionmentioning

confidence: 99%

Contemporary challenges for project managers in Serbia

Pavlović¹,

Šobajić²,

Milenković³

et al. 2019

Proceedings of the 5th IPMA SENET Project Management Conference (SENET 2019)

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Project management profession encounters numerous challenges in today's global environment. It is a known fact for every project management professional that most common challenges are the completion of project on time, scope changes, goals, unplanned risks, engagement on several different projects, lack of competencies, lack of top management and stakeholder engagement, economic instability, legal barriers and many others. Through literature search, it was observed that there are no data related to challenges project managers face in Serbia, and for this reason, the aim of this paper is to provide this information, based on a study conducted. Challenges presented in the survey are most widely and statistically recognized ones as globally present, and the idea was to show how these challenges fit into contemporary project management practice in Serbia and to show the difference between small and large companies. The research part of the paper was based on a survey, presented to project managers in project management practising organizations in Serbia, large majority of which being from a service sector. Through this survey four hypotheses were tested. Methods of descriptive and analytical statistics were used for evaluation of the survey, and all four hypotheses were confirmed. Major challenges for project managers in Serbia were identified, and it was shown that the size of a company does have an impact on dealing with challenges. Based on the data provided decision-makers in organizations will get a clearer understanding of real challenges in project management in Serbia, which should allow for better decisions.

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“…Serbia has been trying to achieve a higher level of development [7]. Developed countries are mature and old economies, and most changes primarily originate from them.…”

Section: Introductionmentioning

confidence: 99%

Contemporary challenges for project managers in Serbia

Pavlović¹,

Šobajić²,

Milenković³

et al. 2019

Proceedings of the 5th IPMA SENET Project Management Conference (SENET 2019)

View full text Add to dashboard Cite

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Foreign exchange market in the Republic of Serbia: A comparative analysis with selected countries

Dimić,

Cvijović,

Ćosić

2024

Industrija

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The primary purpose of the foreign exchange market is to facilitate and enhance international trade and capital movement, while also ensuring the smooth execution of payment transactions and maintaining liquidity within the economy. A well-functioning foreign exchange market contributes to the interconnectedness of national financial markets and serves as a crucial link between national economies and the international environment. This paper analyzes the foreign exchange markets of Serbia, Romania, and Hungary within the context of the global economic crisis and the COVID-19 pandemic. The objective of the research is to compare the effects of these crises on exchange rates and the stability of financial markets in the countries. The authors illustrate the mechanisms through which global economic shocks have impacted foreign exchange markets, as well as the responses of governments and central banks to the challenges posed by these crises. Furthermore, this paper contributes to the understanding of the dynamics of foreign exchange markets during times of crisis and provides insights into strategies that have proven successful in preserving economic stability, thereby opening avenues for further research in this domain.

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Impact of global economic crisis on Serbia’s economic development

Cited by 2 publications

References 0 publications

Contemporary challenges for project managers in Serbia

Contemporary challenges for project managers in Serbia

Foreign exchange market in the Republic of Serbia: A comparative analysis with selected countries

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