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Editorial Board
Ivo Goldstein, Faculty of Philosophy University of Zagreb, CRO
Erik Gordi, School of Slavonic and East European Studies, University College London, UK
Egidio Ivetić, Universita degli Studi di Padova, ITA
Dušan Janjić, Institute of Social Sciences, SRB
Predrag Matvejević, La Sapienza, ITA.
Anđelka Mihajlov, Public Policy Institute, SRB
Aleksandar Mirković, Eastern Michigan University, US
Marc Pilkington, University of Burgundy, FRA
Ognjen Radonjić, Faculty of Philosophy, University of Belgrade, SRB
Christine Sinapi, CEREN/Burgundy School of Business, Dijon, France
Pritam Singh, Oxford Brookes University, Oxford, UK
Aleksandra Stupar, Faculty of Architecture, University of Belgrade, SRB
Darko Tanasković, Permanent Delegation of the Republic of Serbia to UNESCO, FRA
Faruk Ulgen, Centre de Recherche en Economie de Grenoble and
Faculty of Economics, University of Grenoble Alpes, FRA
Josip Vrandečić, Faculty of Philosophy University of Split, CRO
Editor-in-Chief
Nikola Samardžić, Faculty of Philosophy, University of Belgrade, SRB
Published by
HESPERIAedu, Belgrade, Serbia
Publisher
Zorica Stablović Bulajić
Technical Secretariat
Haris Dajč
Maja Vasiljević (sekretar/secretary)
Ivana Stojanović
Pages
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- Uticaj svetske ekonomske krize na investicione tokove i promenu njihove strukture
- Summary/Abstract: In this paper we have analyzed the influence of the global economic crisis on investment flows and on the change of their structure. The aim of this paper is to determine the influence of the global economic crisis on investment inflows in developed and developing countries, but also to determine, whether the crisis has affected the growth of cautiousness of investors in the years after the crisis, taking into account the change in the investment structure. After the introductory section, in which the growth of inflow of investments in the countries of South East Europe is explained as well as the emergence of the global crisis, we have analyzed the impact of the crisis on the total investment flows. Special attention is directed to the emerging markets countries, where also Serbia belongs, which with starting the process of transformation became more attractive for foreign investors. By analysing the statistical official data of the United Nations (UNACTAD), Multilateral Investment Guarantee Agency (MIGA), and the financial institution Morgan Stanley, we found that there was a decline in investment flows during periods of crisis, but in the years of recovery. In addition, by analysing the structure of investment we came to the conclusion that portfolio investments increased, while foreign direct investment (FDI) declined as a result of increased investors cautiousness. Finally, by comparing the data of the central banks of the countries of Western Balkan, we analyzed the change in the structure of the investments in these countries in the period before and after the crisis. Serbia achieved greatest inflow of portfolio investments, while Croatia and Bosnia and Herzegovina had the highest FDI inflows in the period after the global economic crisis.
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- Uverzitet u krizi
- Summary/Abstract: Th e paper tries to map some of the issues that contemporary universities face within the significantly changed coordinates of altered realities of contemporary societies. Deeper understanding and analysis of the specific position of the University and its relationship with the social environment is important because it can provide valuable information about the possible development directions of both society and the universities themselves. At this moment, the quality of their relationship is disturbed. On one side it endangers the survival of the university as we know it, and on the other it abolishes serious social dialogue on development directions and the future of contemporary societies. The most significant reason for such situation is university’s voluntarily self exclusion from that dialog.
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- Wastelands of historical revisionism
- Summary/Abstract: The article discusses last several years of socialist Yugoslavia, the period from 1988 to 1991, as a tipping period when started formation of one new social-political context that will also cause breakout of the country, and within which the Holocaust became liable to some new ways of explanation. In order to present different standpoints that existed in multinational Yugoslav society, the article is based on two key issues – increase of anti-Semitism and attempts to revitalize the Holocaust among Croatian political elite, while the second one was founding and activity of Društvo srpsko-jevrejskog prijateljstva (The Serbian-Jewish friendship society) as a symbol of attempts by Serbian intellectual elite to, through building of memory on the Holocaust based on the narrative of joint ordeal of Serbs and Jews, promote their image of current situation in the country.
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- When Events Like Streams Flood the Earth - Threat Discourse in the Reign of Herakleios
- Summary/Abstract: The seventh century is widely regarded as a time of epoch-making changes in the Eastern Roman Empire and some students of the period are inclined to speak of it as a time of “crisis”. But what does “crisis” entail and can this concept help to explain the social dynamics? Social theory regards the establishment of a “threat discourse” as the first step towards successful crisis management and stresses the fact that coping is only possible after such a threat discourse has become predominant. This paper considers the evidence for the development of a threat discourse in the reign of Herakleios. During the first decades of the seventh century the Roman Empire faced major threats from the outside and the inside: the attacks of the Avars and the Slavs, the war with the Sasanian Persians together with a shortage of grain supply and money, military defeat, and internal strife led to frustration among the population. Those tensions are mirrored in contemporary literary sources: the poems of Georgios Pisides; the homily on the siege of Constantinople in 626 commonly attributed to Theodoros Synkellos; the work of the historian Theophylaktos Simokates. The aim of this paper is to describe how contemporaries perceived the current threat. It is argued that specific aspects of the threat discourse created a sense of community among the population and a bond of trust between the people and the emperor. This association was finally able to concentrate all available forces to handle the crisis and save the Roman Empire.
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- Why Do We Need to Replace DSGE Models?
- Summary/Abstract: In this paper, we critically address pre-crisis central banking doctrine from a methodological standpoint. We argue that the underpinnings of the reigning paradigm before the crisis account for its paradigmatic failure both to predict the global crisis, and be a reliable source of inspiration for post-crisis policies. We insist on DSGE models, and emphasize the need for enhanced understanding of macro-financial interactions. In a second part, we sketch out three research directions aimed at overcoming the shortcomings of pre-crisis models. We respectively consider the merits of ensemble modeling, Homo Socialis and agent-based modeling. Finally, we conclude.
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- Wiedergutmachung and its Discontents
- Summary/Abstract: This paper presents and analyses critiques of the post-war West German discourse of Wiedergutmachung from an intellectual history perspective. Focused closely on suggestive remarks of Theodor Adorno and Hannah Arendt, these critiques are mostly concerned with the insufficient care in intentionality, psychological inadequacies and improper self-serving or nature of the process as it emerged in Cold War West Germany. This essay then charts whether any elements of these critiques from the 1960s are echoed in the most recent wave of scholarly literature on reparations. Current critiques view Wiedergutmachung as a foundation for a “communicative history” that forges shared narratives between perpetrator and victim or as the starting point for a culture of victim competition. Contemporary discourse and historiography remains incomplete with the historical acknowledgment of these early intellectual critiques of the process of reparation. The primary elements taken from these earlier critiques include the importance of intentionality, intersubjective care and reconciliation through memory, especially in cultural discourses and institutions.
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- Women’s Entrepreneurship Opportunities Through Cooperatives Development, Serbian Case
- Summary/Abstract: Women cooperatives are most often considered to be a social entrepreneurs /enterprises emerging as a response to many common problems in transition economies as Serbia is, structural unemployment, government budget deficits, inadequacy of traditional social policies and need for more active social integration measures. The main objectives of this paper are to emphasis and illustrate the importance of the main advantages of the women’s entrepreneurship through cooperatives, as well as to present the Serbian case and experience. A theoretical framework of the phenomena and institutions in the field are presented to.Methods used are desk research of available data and studies consulted. Main results for Serbia are given for female entrepreneurs, social entrepreneurs, and cooperatives and the sectorial operations. In 2016 Serbia has been ranked on 30.9at GEI, more than 50% lower than first ranked, by pillars – Entrepreneurial abilities, like technology absorption, completion are very low, as well as product innovation, internationalization and risk capital in within entrepreneurial aspirations. Within 900 cooperatives, one third can be considered to be women, mostly operating in agriculture. As niches are opened up both by privatization of welfare services ad by decentralization of administration, where social enterprise are encouraged as public good providers, and new legislative and agriculture support, research on women’s entrepreneurs in cooperatives would contribute to social entrepreneurial activity, to recognition and exploitation of new opportunities to serve the social mission, engaging in a process of innovation, and acting without being limited by resources currently in hand.
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- Youth Unemployment in Economic and Social Crisis
- Summary/Abstract: Youth unemployment has been an important economic and social issue in the last decades but it became of utmost importance during the current economic crisis. Youth employment is particularly vulnerable throughout Europe (compared to other age cohorts), but in Serbia the data have been most unfavorable. The reasons can be found in the overall social and economic crisis and circumstances of post-socialist transformation in Serbia in the last two decades: “the destroyed society”, economic decline and current unfavorable economic trends (as a result of economic crisis). Furthermore, the long-term discrepancy between the education system and the labor market can be seen as one of the most important social factors of massive and long-term youth unemployment.
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- Yugoslavia and reparation after Second World War
- Summary/Abstract: In this work we briefly look at reparation for war damage which was made to Yugoslavia during World War II. Yugoslavia had a right to reparation from Germany, Italy, Hungary, and Bulgaria. Reparations from Germany were set at Reparation Conference in Paris (in 1945), and from Italy, Hungary and Bulgaria at Paris Peace Conference (in 1946). Yugoslavia received very small amount of reparations and they were paid in different industrial devices and merchandise. Yugoslavia publicly writes off reparations to Bulgaria. She also tried to get reparations from Austria, but she didn’t manage to realize that.
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- Yugoslavia and the Hungarian Uprising of 1956
- Summary/Abstract: The split-up of Yugoslavia with the Soviet Union from 1948 has encouraged centrifugal political forces in the Eastern Bloc. However, The Hungarian Uprising of 1956 was a serious temptation for The Yugoslav government. However, Yugoslav leader Josip Broz Tito although managed to seize the opportunity and redefine the status of Yugoslavia and his personal role in international relations. In the depths of the Yugoslav regime, there was enough understanding of the new approach to the Soviets dating from the previous year, and the cooperation in the suppression of the Hungarian Uprising. In one year, Tito met four times with Khrushchev. Apart from helping refugees and formal reactions, the West had no power to help Hungary to leave the Soviet orbit. The West remained inactive, and Yugoslavia silent, also during the suppression of the Prague Spring in 1968.
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- “Serbian Mother” Before the Court of Nation
- Summary/Abstract: The paper presents a synthesized overview of the theory and practice of revisionist policies in the dominant parts of Serbian society and historiography. The paper focuses on the historical role of the president of the Quisling Government in occupied Serbia, Milan Nedic. Despite the unquestionable collaboration, which was not only political and institutional but also ideological and practical, which was manifested in the adoption and implementation of the “Aryan” racist ordinances and the Holocaust, social and media rehabilitation of Milan Nedic began in the first years after the breakdown of socialism. Different aspects of the society, from the church to the theater and the media, participated in these activities. The peak of the rehabilitation of the collaboration and of Milan Nedic in post-socialist Serbia took place in the first decade of the 21st century when the top of the state invited the public to honour the personification of Serbian quislings - as patriots and martyrs. The paper also analyzes the attempt of judicial rehabilitation of Milan Nedic.
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- „Demokratija posmatrača”
- Summary/Abstract: Electoral participation is the pilar of democracy. The declining trend of voting on the elections in a large number of countries has prompted a number of authors to search for causality in the paradox which implies the consolidation of institutional (formal) democracy and equal political rights on the one hand, and the disappearance of social equality on the other. As political and economic equality are in mutual interconnection, the question is next: can democracy work without the essential equality of its constituent elements? Does takeover of global power into the hands of economic giants means that democracy will remain a normative basis without its contents? Is our future age of capitalism in a democratic shell, without the factual participation of citizens in politics, even at the minimum level, at the level of voting in elections? A basic indicator that testifi es of a decline in confi dence that national governments will pursue a policy in accordance with willpower is the low level of political and electoral participation in most Western countries, especially in those which are less economically developed. In this paper, we investigate the relationship between the consolidation of capitalism and the decline in electoral participation on the example of Serbia. On the trajectory of the theory of the incongruity of the successive development of capitalism and democracy, we analyzed the data on the basic form of political participation, and in this way we have looked at the reflections of global trends on the countries of the world’s semi-periphery. The results of the irradiation indicate that Serbia fits well into the this theoretical-hypothetical framework, however, because the electoral participation is still at a relatively high level, we should be cautious with the final conclusions.