Industrija

Foreign exchange market in the Republic of Serbia: a comparative analysis with selected countries

Maja Dimić, Jelena Cvijović, Milica Ćosić — Mon, 16 Dec 2024 13:32:17 +0100

The primary purpose of the foreign exchange market is to facilitate and enhance international trade and capital movement, while also ensuring the smooth execution of payment transactions and maintaining liquidity within the economy. A well-functioning foreign exchange market contributes to the interconnectedness of national financial markets and serves as a crucial link between national economies and the international environment. This paper analyzes the foreign exchange markets of Serbia, Romania, and Hungary within the context of the global economic crisis and the COVID-19 pandemic. The objective of the research is to compare the effects of these crises on exchange rates and the stability of financial markets in the countries. The authors illustrate the mechanisms through which global economic shocks have impacted foreign exchange markets, as well as the responses of governments and central banks to the challenges posed by these crises. Furthermore, this paper contributes to the understanding of the dynamics of foreign exchange markets during times of crisis and provides insights into strategies that have proven successful in preserving economic stability, thereby opening avenues for further research in this domain.

Perceptions of Pressure and Stress Among Agile Team Members: Empirical Insights from Serbia

Jelena Lukić Nikolić, Ivana Ostojić, Sunčica Antić — Mon, 16 Dec 2024 13:52:44 +0100

This paper investigates the perceptions of pressure and stress among agile team members, focusing on various factors, such as personal characteristics, team composition, and communication practices. Empirical research was conducted by using an online questionnaire from April to October 2024. During this time, 110 agile team members from Serbian software development companies took part in the research. Hypothesis testing, including the Mann-Whitney U-test and Kruskal-Wallis H-test, indicated no statistically significant differences by gender, age, team membership length, team size, company type, frequency of team meetings and main type of team communication. Notably, while the influence of team size approached significance, the overall results indicate that personal, teams, and organizational factors have no significant effect on perceptions of pressure and stress in agile teams. These results highlight the need for further investigation into alternative factors that may influence perceptions of pressure and stress, but they also demonstrate the superiority of agile teams.

Post Covid Era and Online Payment Systems in India

Saraswati Chauhan, N P Singh — Tue, 17 Dec 2024 00:34:52 +0100

Research article presents the online payment systems in India and the impact of Covid on Indian economy, role of financial technologies in facilitating financial transaction for citizens and institutions, and initiatives taken by Reserve Bank of India in the form of creating new digitally embedded organization so that reliance on banking systems is eased and industries (e.g., MSME), entrepreneurs, and citizens can get credit without much of manual paper work. In addition, researchers has also explored the process of the issuance of new licenses to new categories of financial organizations, i.e., establishment of payment banks, trade receivables discounting systems (TReDs), peer-to-peer platforms, regulatory frameworks for account aggregators (AA) and NBFC-AA, establishment of wholly digital loan firms (NBFCs), etc. In addition, the research article analyzed changes in consumer behaviour as a result of the pandemic and digital technology in daily life.

U.S. trade in the sphere of strategic products and services as the first level of analysis of its economic security

Marina Todorović — Tue, 17 Dec 2024 00:58:32 +0100

The purpose of this research paper is to highlight the importance of the interplay between trade and economic performance, along with the connections among U.S. trade in critical goods and services and its economic security. The scientific paper seeks to elucidate why U.S. trade in strategic goods and services constitutes the primary axis of analysis for its economic security and explore the historical emergence of the concept of economic security. The realm of economic security is largely shaped by the economic policies and foreign trade actions taken by a country. The paper points out that the U.S. foreign trade policy model is among the most sophisticated in the world, if not the most detailed. New findings indicate that three major trends are fundamentally shaping economic security policies — resilience, protection and competition. Strategic competition with China is a cornerstone of U.S. economic security policy. The obtained insights indicate an in-depth examination of the wide range of U.S. foreign economic policy challenges and factors essential to developing strategies for competing with China. Methods used during the research are — the analytical-synthetic method, method of generalization and concretization, method of classification and, also, the historical method and content analysis method.