The new “Silk Road”: global aspect, EU position and economic role of Serbia

Bugarčić, Filip Ž.; Jurevičienė, Daiva; Janković, Nenad

doi:10.3846/bm.2020.676

Cited by 4 publications

(2 citation statements)

References 10 publications

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“…The primary contribution of logistics system is reflected in its impact on increasing the intensity of international trade. The efficiency of countries' participation in global markets and international trade initiatives [4], placement of industrial products, and smooth running of goods transport, significantly depend on the quality of logistics system and its continuous development [9]. Improving logistics performance can have different effects depending on the level of development of countries [6], especially affecting developing countries [20] and small open economies [30] where it leads to strong growth of foreign trade flows.…”

Section: Importance Of Logistics For Economic and Business Developmentmentioning

confidence: 99%

Logistics system as a factor of business development: The case of the Republic of Serbia

Aćimović¹,

Mijušković²,

Bugarčić³

2022

Ekonomika preduzeća

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Logistics is becoming one of the most important sectors of the economy and an indispensable element in the process of international trade and industrial development. The aim of this paper is to examine the role and importance of logistics system in improving the performance of companies in different industries and to identify its key dimensions that need to be improved in order to create a favorable business environment within a given economy. The logistics system is observed through two dimensions"hard", which refers to the elements of physical infrastructure, and "soft" which includes segments related to logistics services and customs procedures. The research was conducted on a sample of 298 companies in the Republic of Serbia. The research methodology includes factor analysis based on which, the positive impact of the logistics system on the selected performance of companies has been proven. In addition, the difference in the importance of certain elements of logistics system between manufacturing and non-manufacturing companies has been proven. The results of the research can be of particular use for policy makers, as an instrument for improving the overall business environment through the development of individual logistics subsystems. Also, this evidence allows better insight for individual companies into the effects of different segments of logistics on business development, according to the industry.

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Section: Importance Of Logistics For Economic and Business Developmentmentioning

confidence: 99%

Logistics system as a factor of business development: The case of the Republic of Serbia

Aćimović¹,

Mijušković²,

Bugarčić³

2022

Ekonomika preduzeća

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“…Serbia was the first country in Central and Eastern Europe to build a comprehensive strategic partnership with China and the first European country that has signed an agreement on mutual visa-free travel (Serbian Deputy PM: China is Serbia's partner and friend). The following integration activities can be distinguished between the two countries (Przychodniak, 2018;Stojadinović and Rašković Talović, 2018;Jojic, 2017 − 1972-1979: agreements between cultural cooperation, commercial air transport, in the field of veterinary medicine, and visa waiver for people with diplomatic, official and business passports between the Federal People's Republic of Yugoslavia and the PRC (Trosic, Strojanovic-Visic and Petrovic, 2018); − 1996: agreement on trade and economic cooperation (Trosic, Strojanovic-Visic and Petrovic, 2018) Serbia's role and position in the BRI may depend on promotion of the advantages of the Danube River (Stojić Karanović and Jolović, 2016;Stepić and Zarić, 2016), as well as the logistics potential related to the rail and road running through Serbia to EU countries (Bugarčić, Jurevičienė, and Janković, 2020). China is, for Serbia, the most important strategic partner in Asia.…”

Section: Literature Reviewmentioning

confidence: 99%

Perception of Harmonious Communication of Young Serbs in the Context of Intercultural Communication and International Economic Cooperation with the PRC

Mazur-Wlodarczyk¹,

Jeremic²

2021

ERSJ

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Purpose:The article discusses harmony and its importance in interpersonal and intercultural communication between Serbia and the PRC representatives. Design/Methodology/Approach: The text presents the results of research related to the occurrence of the category of harmony in the media and its relationship with communication and the results of a survey conducted in 2020 among students of the University of Belgrade. Findings: The main conclusions include an attempt to define the category of harmony by the young generation of Serbs and a group of features considered favorable and unfavorable to harmony in the space of communication.Practical Implications and Originality/Value: The issue is essential, among other facets, due to the possibility of economic cooperation between the two countries resulting from collaboration within the Belt and Road Initiative.

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Belt and road investments in Serbia: Is China a new saviour or a new threat?

Ivanović

Zakić

2023

Medjunar probl

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Versatile political and institutional cooperation between Serbia and China recently spurred the dynamic development of economic relations between the two countries. Those progressed quickly, especially due to Serbia?s participation in the format China-Central and Eastern European countries and the Belt and Road initiative. It caused changes in economic relations between China and Serbia in three directions: changes in trade patterns, the volume of loans, and the inflow of Chinese investments. This article focuses on the Chinese Belt and Road investments (foreign direct investments, acquisitions, and joint ventures) in Serbia while using qualitative along with descriptive statistical analysis. The authors analysed the type of companies, value of investments, and industries in which Chinese companies invested capital in the period 2014-2022. Research findings indicate an increase in bilateral trade, especially in export, after the Chinese investments have been made. The value of Chinese investment has grown over time, with a relatively high concentration in the automotive industry and a presence in rather few industries. The first investments were realized by state-owned enterprises and, in recent times, by private-owned companies. The authors indicate that while China?s role in Serbian economic development is increasing, it should not be categorized either as a saviour or a threat, but as a rather important economic partner of Serbia whose influence in Serbia is increasing. However, the interplay between China and Serbia, determined by the interests of both sides as well as the capabilities of Serbia to design appropriate institutional and policy frameworks will determine the contribution of Chinese investments to Serbian economic development in the future.

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The new “Silk Road”: global aspect, EU position and economic role of Serbia

Cited by 4 publications

References 10 publications

Logistics system as a factor of business development: The case of the Republic of Serbia

Logistics system as a factor of business development: The case of the Republic of Serbia

Perception of Harmonious Communication of Young Serbs in the Context of Intercultural Communication and International Economic Cooperation with the PRC

Belt and road investments in Serbia: Is China a new saviour or a new threat?

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