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Intensive activity in operationalizing long-term sustainable business strategies and the increasing technological and commercial affirmation of many of its tools have enabled the emergence of eco-auditing as a process for assessing the environmental performance of organizations, products, or services with the aim of improving the environmental aspe...

By Andrea Andrejević Panić, Slobodan Cvetanović, Aleksandar Kostić

21.11.2025. Professional paper Economics and Management
ECOLOGICAL, ECONOMIC AND SOCIAL DIMENSIONS OF CIRCULAR BUSINESS MODELS

The need for new business models based on the principles of sustainability and efficient resource use in modern economic conditions is becoming increasingly evident. These business models strive to eliminate the fundamental weaknesses of the linear economy, such as uncontrolled extraction of natural resources, irreversible waste generation, and the...

By Andrea Andrejević Panić, Slobodan Cvetanović, Aleksandar Kostić

 The paper presents the concept of competitiveness of the city's economy. Its growing importance in the theory and policy of the competitiveness of certain urban areas is highlighted. The concept of city competitiveness means a kind of theoretical and methodological unification of the general and local dimensions of the multi-level category of...

By Srđan Milicević, Danijela Despotović, Slobodan Cvetanović, Lela Ristić

 The authors investigate the external solvency of three Balkan countries, two of which are socalled late transition countries (Bosnia and Herzegovina and Serbia), while Bulgaria is a country that has completed the transition and become a member of the European Union since 2007. Two indicators of external solvency are analysed: External debt/g...

By Danijela Despotović, Srđan Milicević, Vladimir Nedić, Slobodan Cvetanović

 The paper examines the impact of government efficiency and corruption control as two of a total of six partial indicators of the World Bank's perception of the quality of public governance (World Governance Indicators) on foreign direct investment (FDI) inflows from the Western Balkans (WB) from 2010 to 2019. years. It was concluded that the ...

By Slobodan Cvetanović, Dragan Turanjanin, Aleksandar Kostić

 The paper examines the impact of government efficiency and corruption control as two of a total of six partial indicators of the World Bank's perception of the quality of public governance (World Governance Indicators) on foreign direct investment (FDI) inflows from the Western Balkans (WB) from 2010 to 2019. years. It was concluded that the ...

By Slobodan Cvetanović, Slobodan Cvetanović, Aleksandar Kostić

 The ability of the national economy to create and valorize knowledge into innovation signifies its innovation capacity. Based on its own methodology, the aim of the paper is to: a) calculate the index of the Innovation capacity index of the European Union and the Western Balkans as an average of the value of the Research capacity index, Techn...

By Andrea Andrejević Panić, Aleksandar Kostić, Slobodan Cvetanović

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