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The paper first analyzes the institutional framework of the economy and public finances in Serbia, with particular reference to the treatment of the SME sector and entrepreneurs, foreign investors and the digital (IT) infrastructure. A special part of the paper deals with the dynamics of accession to the European Union of some countries that are now members of this integration, as well as with the process of Serbia’s membership, since it is considered that this process is the key determinant of the institutional conditions for our country. The third part deals with the treatment of public finances in the Constitutions of the selected EU Member States.? ???? ??, ????????, ????????? ??????????????? ????? ???????? ? ?????? ????????? ? ??????, ?? ???????? ??????? ?? ??????? ??????? ????? ? ??????? ????????? ? ????????????, ????? ??????? ???????????, ?? ????????? (????????????) ??????????????. ??????? ??? ???? ?? ???? ????????? ???????????? ????????? ????? ????????? ?????? ???? ?? ????? ??????? ??? ???????????, ??? ? ???????? ???????? ??????, ?????? ?? ?? ?????? ?? ?? ???? ?????? ?????? ???????????? ???????????????? ?????? ???? ?????. ? ?????? ?????? ???? ?? ????????? ??????? ?????? ????????? ? ???????? ????????? ?????? ??????? ???????? ?????

THE OPEN BALKAN AS A DEVELOPMENT DETERMINANT OF THE WESTERN BALKAN COUNTRIES

The paper starts from the concept of the Open Balkan as a community of countries in the Western Balkans, aimed at strengthening their economic cooperation and development for faster integration in the European Union. Significant attention is paid to the analysis of the interdependence of (in)stability of the state and the economic development of small countries. The position of the Open Balkan and its members is also analysed on the basis of the selected global composite indices. An important subject of the analysis is also the condition of institutional capacities of the members of the Open Balkan and their institutional cooperation from the perspective of faster progress towards the European integration. Two main hypotheses have been tested in the paper: (H1) CEEs countries are not a homogeneous group of countries; and (H2) The Western Balkans is a relatively homogeneous regional integration. To test the convergence hypothesis between 16 Central and Eastern European countries (CEEs), annual data from World Bank’s database on the value of real gross domestic product per capita (in constant dollars 2017, PPP) in the period 2000-2026 were used (projected values for the period until 2026). We employed the method developed by Phillips & Sul (2007) that allows identification of clusters of convergence on the basis of an algorithm that is data-driven and thereby avoids a priori classification of the data into subgroups. Based on the results obtained, it can be concluded that Serbia is the “locomotive” of the Western Balkans and that all countries in this area should join the regional initiative for cooperation, the Open Balkan

DEVELOPMENT TRENDS AND INSTITUTIONAL CAPACITIES IN KOSOVO AND METOHIJA IN THE FIRST FIFTH OF THE 21st CENTURY

This paper is about basic development trends in Kosovoand Metohija during the period 2003-2017. Thefocus is on the missed opportunities for increasingeconomic and social well-being in the KiM area. Besidesthis, an important aspect of the analysis carriedout in this paper relates to the quality of the state governanceand building institutional capacities. In theempirical analysis, three scenarios were used to showthe backlog of the KiM area, i.e. the lost GDP percapita of Kosovo* caused by the inability to take advantageof the wider space of our country. The resultsof the research show that special attention has to bepaid to the rule of law, the efficiency of governanceand the control over corruption in Kosovo*. The integrationof Kosovo* with the educational, researchand economic space of Serbia and the EU could leadto the overall progress of our country as a whole

TRY plant trait database - enhanced coverage and open access

10.1111/gcb.14904GLOBAL CHANGE BIOLOGY261119-18