Instability conditions for circulatory and gyroscopic conservative systems

We give a method which generates sufficient conditions for instability of equilibria for circulatory and gyroscopic conservative systems. The method is based on the Gramians of a set of vectors whose coordinates are powers of the roots of the characteristic polynomial for the studied systems. New instability results are obtained for general circulatory and gyroscopic conservative systems. We also apply this method for studying the instability of motion for a charged particle in a stationary electromagnetic field

Some Geographical Aspects of Rural Development with view of Montenegro: A Review

The paper discusses some geographical aspects of rural development with view of Montenegro. According to development of a heterogeneous, rural areas lag behind the urban and industrial, so the problem must be given more attention. In this regard, the European Union provides a powerful impetus to social and territorial cohesion of rural areas and attempt to provide a more efficient valorization of local development potential, in accordance with the principles of sustainable development. Privacy and promote rural development in Montenegro is in the interest of the whole society, and investing in the range of industries in rural areas increases their attractiveness, encourages sustainable growth and employment opportunities, especially for young employees willing and able to accept the new philosophy of development

Testing a holistic model of tourist destination loyalty

The purpose of the present study is to test a holistic destination loyalty model using the case of Budva in Montenegro. The model combines the following six variables: tourist satisfaction, loyalty and preferences, destination performance, perceived value and destination image. The structural equation modelling (SEM) approach is adopted. Model tests confirm good fit of the data to the proposed model and it is recommended to further validate the model using other destination settings

Key Issues in Information Systems Management: A Serbiaas Perspective (Delphi study)

Delphi study used by many authors to compile a list of key issues related to information systems (IS) management in the world, i.e. to classify them and display their meaning. A key focus in this paper was put on trial IS managers in all areas, with emphasis on identifying and explaining regional similarities and differences. The results presented and compared with those obtained in similar studies in the U.S. and other European and non-European countries. Our research evidence points to profound differences in IS management between Serbia, the U.S. and other countries. The aim of this study was to identify key issues in organizations for management information systems over the next 3 to 5 years

SOME ECONOMIC-GEOGRAPHIC FACTORS DEVELOPMENT OF THE EXAMPLE RURAL AREAS NORTHEASTERN MONTENEGRO

The paper analyzes some of the economic and geographical factors of rural settlements northeastern Montenegro. Isolated traffic and geographical position adversely affects their economic and social development. Natural characteristics of space indicate that rural economy is not in compliance with all the natural conditions. Incompatibility between the available natural and current conditions of the rural economy is determined by the overall socio-economic factors of development. The percentage decrease in rural population in the municipality of Berane period 1948-2003 amounted to - 0.22%. However, the municipalities of Andrijevica and Plav, show significant deviations from these population dynamics. Thus the percentage decrease in population rural the same period was in the municipality Andrijevica - 49.44%, and the municipality of Plav - 26.8%.The main characteristic of the modern development of rural settlements give industrialization and urbanization processes. Age groups, due to migration and the reduction of fertility change and take on unfavorable characteristics, reduces the proportion of younger and older increases the proportion of the population. . In both cases, the disturbed age structure has a reverse effect on the movement of the population (the size of reproductive contingent), but also to all other structures of the population (the size of contingent employment, population, compulsory school contingent, contingent dependent population ratio). Rating natural conditions aimed at separation of homogenous territorial units with some degree of benefits and limitations for certain types of economic development

Civil aviation and tourism demand in Montenegro: A panel data approach

Purpose: The purpose of the paper is to investigate the role of civil aviation in the case of Montenegro, one of the smallest countries in Europe and one whose economy heavily relies on tourism. Methods: For this research, a dynamic panel data approach is used, where five models are proposed for modelling tourism demand. Available seats per kilometer, the Herfindahl-Hirschman index, jet fuel prices, exchange rates, and seasonality are used as the models' explanatory variables, in line with the available litetrature. Results: The econometric results show that all suggested models are valid, the explanatory variables are statistically significant, and their coefficients have the expected sign, suggesting a strong relationship between tourism demand and civil aviation. Implications: Apart from being one of the first attempts to highlight the civil aviation and tourism nexus in the context of Montenegro, this paper contributes to the literature by suggesting a way forward for destination managers and policymakers in small countries with great tourism potential