ILIRIA International Review
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Beyond independence: Anti-Americanism and the Serb resistance in Kosova
Get PDFThis paper examines the Serb resistance in northern Kosova. A number of studies, over the last decade, have been performed that scrutinize the case of Kosova and look into the strained relations between Kosova Albanians and Kosova Serbs. Yet, no study has been carried out to explain the Serb resistance, and more importantly, its nature and its underpinning mechanisms. This paper intends to just that. The central argument it makes is that the Serb resistance in northern Kosova is a Serbian elite construct, made of and crammed with anti-Americanism sentiments. This Serb anti-Americanism is a recent phenomenon, constructed as a consequence of specific developments that are occurring in Kosova and the region, such as the stationing of the American troops in Kosova, the American policy towards the region, and the American political and diplomatic support for the new state. To formulate this argument, the paper adopts the framework of anti-Americanism as its foundation while comparing it with the socio-biological, cultural, and rationalist approaches to resistance. The paper supports the gist of the argument by drawing on recent scholarship and analyzing official documents, executive statements, and intellectual observation
Capital flows to emerging economies during and after the global financial crisis in 2008
Get PDFThis paper analyses dynamics of various types of capital flows to emerging economies during and after the global financial crisis. The first part discusses dynamics of various types of international capital flows during the global financial crisis. The second part focuses on the regional distribution of capital inflows to emerging markets economies. The third part raises the issue of the changed pattern of foreign direct investment, observed during and after the global crisis. The fourth part discusses possible policy responses for dealing with volatile capital flows to emerging market economies
A literature review of the trade−off theory of capital structure
No full textStarting with Modigliani and Miller theory of 1958, capital structure has attracted a lot of attention from different scholars. The main question that they raised where: How do firms choose their capital structure or leverage? Does firm have a target capital structure? What are the main firm’s specific factors or determinants that influence the choice of capital structure? Does the economic conditions of the country (GDP growth rate, inflation rate, base lending rate etc.) influence on the determination of the firm’s level of debt? This paper provides a survey of the literature on trade off theory of capital structure. The aim of this paper is to give useful information in understanding corporate finance and in a particular way the trade-off theory of capital structure. This study represents a theoretical approach which has in focus the literature review of same earlier studies which have proved the existence or not of this theory in different contents. We can conclude that economists have not yet reached a consensus on how to determine the optimal capital structure, the one that would bring the maximization of firm’s value
Some Aspects of the Procedure for Reviewing the Inherited Property in the Republic of Kosovo
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Western Balkan Countries and European Neo-regionalisation Case study: CEFTA and its impact on Kosovar economy: 2007-2013
Get PDFSelection of “the problem” of neo-regionalisation for study directly deals with its importance as a determining factor of many developments in the arena of international relations. Its importance appears especially when it is manifested as a theoretical approach, as an analytical category and as a new practice of economic and political organisation in the regional level and in the same way in the international aspect as well.Although studiers concede that the world is going towards larger units of integration in global level, however, regionalisation (neo- regionalisation) is becoming a new identity for people in the 21st century. This is valid especially for the European societies and states aiming to be part of the supranational structures of the European Union.In relation to this, the study below is focused on new integrating practices in Europe, which is known as “Neo-regionalism” in order to see how this new practice is influencing in intensifying the regional cooperation. To make the study even more concrete, a concentration in case study has been made in regional cooperation within CEFTA with a particular focus in its implications towards Kosovo and vice versa. The theses will also be discussed whether Kosovo has benefited or lost from this cooperation to review the possibilities of continuing further cooperation or to quit it.Undoubtedly, the establishments presented above may be used for reaching a concrete conclusion for the results of this cooperation, what is going to serve as a platform for drawing some recommendations for further coordination of actions for cooperation in the regional plan.
Experimental Process Identification for Industrial Water De-carbonization in Power Plants
Get PDFWater Treatment Plant (or WTP) is the most important part of the Power Plant, because it produces vital-water it needs for steam production. Power Plants are the biggest air, ground and groundwater pollutants. Bad water quality directly impacts machine duration. Polluted water from Water Treatment Plant has a negative effect on people, flora and fauna, thus better waste management programs should be put in place to eliminate this problem. In this paper we are going to present the de-carbonization process of raw water as a part of water treatment plant, within coal fired power plants. De-carbonizing water is a time consuming process. We are going to present an advanced method for process identification with big time delay. The results are compared and one of the most appropriate methods is selected as identification method for this process. Further research and possibilities in this area are going to be presented by the end of the paper.Progress in identifying the process by which we work in this paper may serve as a new way to identify highly nonlinear processes. The used algorithm for identification of the process that is outlined in this paper can be applied, and it will be the basis for the creation of the software for the application of microcomputer techniques. Here we are applying the relevant software which can be applied in the form of programming packages for identification. This has to do with passive identification methods
Labour Market Institutions in the Western Balkan Countries and their Economic Implications: Evidence for Kosova
Get PDFFlexicurity as one of the most important priorities of employment policies in the EU and its Member States is considered to be also important for the other states of Central and Eastern Europe, including the Western Balkans. According to European Commission (2007, p.7), flexicurity as a combination of flexibility and security in working arrangements can be suggested as an answer to dynamic changes happening in today’s national and international economies; it is an answer to the EU’s dilemma on how to maintain and improve competiveness while reinforcing the European social model.The countries of the Western Balkan which have suffered from the transition process still cannot have a desirable performance of the labour market. Even though the economies of Western Balkan have experienced some economic growth that followed the post-socialist recession, it did not reflect also on better labour market performance, in other words it was considered a “jobless growth”.To address this issue, this paper provides a literature review of the notion of flexicurity and then investigates the relevance of flexicurity for the countries of the Western Balkans through its found components (flexible and reliable contractual arrangements, lifelong learning, active employment policies and social security system). Even though flexicurity can be a way out for low performed economies it is considered as highly costly
The Inevitability of Strengthening the Nation-Building Subjectivity of Ethnic and National Groups
Get PDFThis paper presents a very courageous, scientifically founded prediction, concerning the imminent and inevitable process of strengthening the political and nation-building subjectivity of national minorities and ethnic groups, i.e., minority indigenous people. For, a more lasting peace and stability, for which we want to dominate in Europe and the world, can only be achieved by deflection of the discontent of these nationalities, on one hand, and strengthening of the public recognition of their international legal subjectivity, on the other hand. This implies the exercise of their right to self-determination and the creation of independent autonomies, regions or countries, which also implies reclassification and conversion of the internal, but also of the interstate borders. These new limits must be established precisely in those parts of the world where there is a political struggle, and a long-time demand of these organized groups, which would, in effect, mean that the international community should accept their demand for creation of new states, or, at least, another, lower, level of independence.
Imperative part of the Law on Kosovo Inheritance (Comparative view)
Get PDFMaking a testament seems to be one of the available freedoms, and most significant of the law subjects. Testament, as final declaration of the testator’s will, is considered to be one of the most significant freedoms of the same, since by declaring his will, determines the fate of his/her property heritage, earned with lots of efforts throughout life.Freedom of compiling the testament, in the Constitution of the Republic of Kosovo is guaranteed by the Law on Inheritance in Kosovo but also by the international Conventions. However, every subjective right has its limits. Such limitation comes as a result of the care toward subjective rights of other persons, sometimes the best of the society, but the purpose of limiting such freedom in terms of inheritance, comes as result of common marital life, as a result of the care toward children and parents. Quota of the obligatory part is part of heritage that shall not be deprived, since it is guaranteed with imperative norms.This inheritance quota is presented as object for analyses and study in relation to testamentary freedom, always in a comparative view in the region and broader
Institutional fragility – challenge for peacebuilding in Kosovo
Get PDFPeace building, as part of conflict resolution strategy, is challenged by several internal factors with socio-economic, political, governmental nature, and factors coming from outside the country and violent past under governance of ex Yugoslavia/Serbia. This process becomes more difficult by the transition from socialist to free economy.Kosovo independence undermines taking responsibilities by institutions on peace building perspective which will bring to the gradual reconciliation with neighbors, including Serbia. Growing authoritarian tendencies on decision making mechanisms chock already existing fragile democracy. Enhancing the rule of law and system of justice will create a good basement for elimination of corruption and increase the quality of governance as strengthening elements of the social peace and reconciliation between the communities inside Kosovo. Even that, Kosovo institutions have made huge efforts in building the state mechanisms in preparation for the country’s independence phase. Rise of care in the rule of law, legislation implementation, efforts for combating corruption as a major source of state vulnerability, democratic institution building, and economic development, will be the challenges faced Kosovo’s future