MB University International Review

MANAGEMENT OF BUSINESS INFORMATION AND COMMUNICATION TECHNOLOGIES

Dušan Regodić — 2023-12-31

The starting point for the good governance establishment of the business information communication technologies (ICT) is the assessment of the achieved maturity of its processes. The research presented in this article focuses on measuring level of the ICT processes maturity in a public-sector organization, which 'covers' Federation of Bosnia and Herzegovina. This article presents a simple and flexible model for measuring the ICT processes maturity to identify their main advantages and disadvantages. The proposed model, which helped in achieving the research results, is known as COBIT Maturity Model. The presented model estimates the ICT processes maturity and it is applicable to other organizations, regardless of size or form of ownership. The main purpose of this article is to encourage the supervisory boards, management and executive management of organizations, without good governance of business ICTs, for the agility in overcoming this problem.

MACROECONOMIC IMPACT OF THE CONFLICT BETWEEN RUSSIA AND UKRAINE THE GROSS DOMESTIC PRODUCT OF SERBIA

Ljubomir Miljković — 2023-12-31

The conflict between Russia and Ukraine comes at a time when countries around the world are still recovering from the destabilizing effects of the global COVID-19 pandemic, which has caused deep economic regression, significant loss of productivity, worsening inequality, planetary pressures, and in some cases, security challenges. The economic impact reverberated through multiple channels, including commodity and financial markets, trade and migration links. At the same time, rising inflation is increasingly reducing the purchasing power of consumers. Such market tensions will reduce economic activity while accelerating inflation with the appearance of stagflation, where the state of the economy is characterized by a general jump in prices along with a drop in production. The direct effects of this conflict lead to macroeconomic instability. This conflict causes a jump in global prices, affects economies around the world, and it is expected that developing markets and countries in the European region, especially the countries of the Western Balkans, will bear the brunt. On the side of macroeconomic stability, the effects differ depending on their exposure to the market of Russia and Ukraine.True, the Republic of Serbia does not have significant, direct trade ties with Ukraine, but the conflict has put Serbia in front of new challenges, taking into account its energy dependence on Russia, as well as the agricultural sector, where products, primarily fruit, have a significant share in total exports to Russia. The key question that arises is in which direction the conflict will affect the macroeconomic stability of the Republic of Serbia.

ECONOMIC GLOBALIZATION IN THE HISTORICAL CONTEXT AND DEGLOBALIZATION

Slobodan Kotlica — 2023-12-31

The paper analyzes the key aspects and trends of economic globalization in the historical context and deglobalization. The focus is on the current process of declining integration of the international market, which has been going on since the World Financial Crisis in 2008. As this process in the modern era is caused by radical changes in its structure, it is long-term, not cyclical in nature. The paper discusses the causes of restructuring and re-fragmentation of the modern world economy. The key cause is identified as the strengthening of the opposition between the entities of the world economy and their development concepts, that is, the economy within state borders, as carriers of the concept of integral development, and transnational companies as carriers of functional development without borders of nation states. The restructuring crisis of the world economy has been further intensified and deepened with the COVID-19 pandemic and the conflict in Ukraine. Although a new social and technoeconomic paradigm was established with the aim of the developed industrial states strengthening and restabilizing their global functional and structural dominance, the process of redistribution of economic and social power, in which the BRICS economies play an increasingly important role, continues unabated.

MULTI-CRITERIA ANALYSIS OF ICT IMPLEMENTATION IN INVESTMENT PROJECTS: CASE STUDY OF CONSTRUCTION COMPANIES IN THE REPUBLIC OF SERBIA

Snežana Maksimović — 2023-12-31

Analyzing the applicability of information and communication technologies (ICT) in investment projects and the risk management context, the paper presents the concept of modelling the situation of multiple criteria and multi-objective decision-making. A brief overview and interpretation of multicriteria decision-making are given in basic business processes construction, where the ICT application is the most necessary. The significant criteria and alternatives are defined, and the simplest model of transformation of qualitative into quantitative attributes is given. With the introduction of ICT, business processes are not complete, but through their application, existing situations are constantly reviewed and analyzed. The application of multi-criteria analysis methods is one of the most useful mathematical methods for decision support so that complexity is reduced to a series of comparisons of criteria and alternatives and the synthesis of the final result. The research in this paper identifies the factors of ICT implementation in the management of construction projects to create models that can improve project performance and successfully manage business processes. This paper aims to point out that modern ICTs provide great opportunities and that a proactive approach and preventive action are more efficient and much cheaper than later repairing the damage from the effects of risk. After identifying the key attributes, the concluding remarks made recommendations for overcoming them and establishing a set of measures for the general application of ICT to improve business facilities and monitor global trends in this sector.

MULTINATIONALS TAHATION IN THE TIME OF GLOBALIZATION

Snežana R. STOJANOVIĆ — 2023-12-31

The era of globalization started in XX century has made many spheres of peoples' lives to become global. The same has happened with business operations and companies. It has become common to conduct business in two and more countries, even in more than two continents. Many shocks that had happened all around the world in last two decades just speed up the process of business globalization. Although this has brought many benefits, it is also faced with many risks both, for business and states' administrations, and even more for the world's wealth. Related with that, the international and regional organizations had initiated and realized the projects which resulted with reforms in many spheres of business operation, of which taxation is one of the most significant. This paper is dealing with the most important aspects of those projects and business globalization.

GLOBALISATION AND ECONOMIC CRISIS IN 2022

Mirjana Dejanović — 2023-12-31

Globalization in the conditions of the economic crisis has proven to be a very dangerous terrain producing the even bigger gap between developed and undeveloped countries. Information technologies are present in all spheres of human life and work and helps the globalization process to get into the top speed is very difficult to control. In the situation of the pandemic of COVID-19, we already seen drastically different policies which was applied not just in field of medicine, but also in economies around the world. We were a witness of protectionist measures that were applied to protect national economies even in the most developed countries, which is totally contrary to neoliberal economic policy and globalization. The current intervention in Ukraine and the introduction of sanctions against Russia have further particularly harmed the EU economy, leading to an energy crisis. That crisis caused a rise in inflation which as a financial pandemic spread very quickly in Europe, and countries all over the world. Globalism also caused creation of „general and global culture" without traditional values, national and cultural heritage, and helped process of losing cultural, economic, and political sovereignty specially in developing countries.

SUSTAINABLE DEVELOPMENT GOAL 13 IN INTERNAIONAL LAW

Marina DABETIĆ — 2023-12-31

The idea of sustainable development has found its way into numerous national and international legal instruments. Its complexity and uncertainty have often sparked debate among international lawyers. Due to the wide dissemination of information on sustainable development, academic discussions have often been limited by the complexity of the concept and its flexible content. The sustainable development goals (SDG) enacted in 2015 are part of the UN's global development program and represent the summon for action to protect the planet and prevent climate change. They recognize that tackling climate change and improving the living conditions of the poor are both critical to the wellbeing of the planet's biodiversity. This paper aims to provide an in-depth analysis of the sustainable development goal 13 and its legal nature. Despite the positive effects of the COVID-19 pandemic, which has led to a reduction in greenhouse gas emissions, the situation is still very challenging. Climate change is one of the most demanding and complex environmental problems that governments around the world need to address. Its complexity makes it harder to implement legally-based actions.

THE SPECIFICITIES OF TAX PROCEDURE AS A SPECIFIC ADMINISTRATIVE PROCEDURE

Mirko KULIĆ — 2023-12-31

The specificities of tax procedure as a specific administrative procedure have been analyzed in this paper. The specificity of tax procedure in relation to the general administrative procedure is reflected in several elements. The author analyzes the relation between tax procedure and general administrative procedure, discusses the principles of tax procedure, the contents of tax law relationship, the initiation of tax procedure and tax acts. It is stated that tax regulations, which regulate tax procedure, contain certain departures from the general administrative procedure. It is pointed to the fact that provisions of the Law on tax procedure are satisfactory, but that the legislator did not align certain provisions with the provisions of the Law on general administrative procedure.

ADMINISTRATIVE CONTRACT IN GERMAN AND SERBIAN LAW

Marija Kostić — 2023-12-31

In administrative practice, primarily our national one, administrative bodies perform their activities through authoritative and non-authoritative activities, acts and measures. Of the nonauthoritative activities, the activity is most often carried out through the adoption of administrative regulations and administrative acts, and more recently, administrative contracts. Although the largest number and scope of administrative legal relations, i.e. administrative matters are decided on the basis of a unilateral decision of the competent authority, in the form of an administrative act-decision, in foreign legal systems, and recently in our domestic one, the administrative-legal relationship can be based on a unilateral or bilateral administrative contract. This type of administrative legal relationship is created by the agreement of the will of the contracting parties by which they define and accept mutual rights and obligations. Theoreticians of administrative law have been dealing with the concept of administrative contract for a long time, while their recognition in practice was mainly reduced to "formal recognition by the courts", and in comparative law also in special material laws and laws on general administrative procedure. Initially, the administrative contract was created and developed in French legal theory, regulation and practice. However, very soon this legal work was accepted in the legislation of other European countries, first of all in FR Germany. In the Republic of Serbia, the institute of administrative contracts was legally regulated for the first time in 2016.

RULE OF LAW: LEGAL PRINCIPLE(S), EU RULE OF LAW MECHANISM AND CONSTITUTIONAL CATEGORY IN THE REPUBLIC OF SERBIA

Zorančo Vasilkov — 2023-12-31

The rule of law is a civilizational achievement and a legal standard that limits the actions of public authorities to actions exclusively within the framework of the law in accordance with democratic values and respect for human rights and basic freedoms. Limitations on the actions of public authorities established by law are monitored by independent and impartial courts that draw the limits of the state's actions in the encroachment and violation of the rights and freedoms of citizens. Thus, the rule of law directly affects the lives of citizens and is a prerequisite for achieving equality before the law and protecting the rights of citizens. Today, the rule of law is a constitutional category in all democratic states. It is an integral part of all laws related to state regulation, criminal protection, media freedom. Most often, the legal standard that is referred to by politicians, holders of high power and high civil servants is publicly presented. One gets the impression based on the public discourse that there is no other legal topic, category, area that is mentioned more and that everyone refers to on the one hand, and the area that is most misused and violated, on the other hand. In this paper, the emphasis is placed on some of the existing definitions of the rule of law and the elements and legal principles that are an essential part of the rule of law in international frameworks are analyzed. The analysis of the mechanisms of the rule of law of the EU determines the constituent elements of the rule of law that are the subject of the newly established annual assessment of the state of the rule of law in the member states conducted by the European Commission. Also, a special focus in the paper is placed on researching the constitutional foundations of the rule of law in the Republic of Serbia and the institutional application of elements of the rule of law that are of particular importance for citizens and the process of European integration. integration.

EUROPEAN POLICE COOPERATION IN THE COUNTERTERRORISM EFFORTS OF THE 21ST CENTURY

Aleksandar Dabetić — 2023-12-31

This paper explores the evolution of European police cooperation in the context of countering terrorism in the 21st century. The primary objective is to analyze the shifts in perceptions and responses to security threats following the pivotal events of September 11, 2001, with a focus on the European Union's efforts in formulating a unified counterterrorism policy. The theory of securitization provides a theoretical framework for understanding the perception and management of terrorism as a borderless threat. The analysis culminates in the exploration of Europol's pivotal role in facilitating coordination and information exchange among member states in response to dynamic and contemporary threats. In this context, the paper addresses cyberterrorism threats, exploring the international dimension of this crime and the inadequacy of local regulations in member states for prevention and defense. The paper concludes by highlighting the evolving landscape of European police cooperation, marked by collaborative frameworks and institutional adaptability in addressing emerging security challenges and preserving fundamental European values. Through the analysis of police cooperation development in this context, the paper contributes to a better understanding of the effectiveness and efficiency of EU counterterrorism efforts.

RECOGNITION/2023.-REGIONAL/INTERNATIONAL CONFERENCE

Milena MAKSIMOVIĆ KOVAČEVIĆ — 2023-12-31

RECOGNITION/2023.-REGIONAL/INTERNATIONAL CONFERENCE

Presentation of a Symposium: THE (CON)TEMPORANIETY OF STONE

Rajka Bošković — 2023-12-31

Presentation of a Symposium: THE (CON)TEMPORANIETY OF STONE

Emeritus Dr. Sc. Vlatko Previšić, Presentation Of A Book In The Field Of Social Sciences “EVALUATION STUDIES IN SOCIAL SCIENCES”

Aleksabdar Halmi — 2023-12-31

Emeritus Dr. Sc. Vlatko Previšić, Presentation Of A Book In The Field Of Social Sciences “EVALUATION STUDIES IN SOCIAL SCIENCES”

Prof. Ph. D. Sc. Alexander Halmi, Presentation of a monograph SOCIAL SCIENCE METHODOLOGY (THIRD REVISED EDITION 2022)

Alexander Halmi — 2023-12-31

Prof. Ph. D. Sc. Alexander Halmi, Presentation of a monograph

SOCIAL SCIENCE METHODOLOGY (THIRD REVISED EDITION 2022)