Papers by Dragica Stojanović
Progress in Economic Sciences, 2018
The issue of employee motivation is related to successful business management. Human resources re... more The issue of employee motivation is related to successful business management. Human resources represent a great potential, because they have knowledge, inventiveness and intelligence. However, a large part of human potential is not used to a sufficient degree, which leads to unused resources and to dissatisfaction and lack of motivation on the part of employees. Good motivation is part of leadership; a manager knows how to motivate and create good relationships. Business entities are part of society, and to achieve economic goals, they must take into account the impact that they have on society and on the human resources of an organization. This paper explains contemporary motivational theories, with the aim of enabling successful business in banking sector. Managers of banks can make decisions about the most significant factors that improve employee motivation. Integrated knowledge, accumulated experience, and employee satisfaction are the main factors behind successful operations...
Progress in Economic Sciences, 2018
The term “green financing” denotes a new area of finance that has application in the process of i... more The term “green financing” denotes a new area of finance that has application in the process of integration of environmental protection and economic profit. This term encompasses wide ranges of environmentally friendly technologies, projects and industries, as well as verification of the viability of concepts for balancing ecological depreciation in the process of assimilation of carbon in the atmosphere. Essentially, green financing is part of the green carbon issue because it connects the financial industry, environmental improvement and economic growth, which is essential for long-term sustainable development. As this is an innovative concept, the paper pays special attention to the development of market mechanisms and policy formulation for green financing. By revealing the internal contradictions between green financing and environmental protection in achieving ecological balance and sustainable economic growth, the paper proposes some options for the mobilization of private ca...
Megatrend revija
The term "Green financing" is a new area of finance that has application in the process... more The term "Green financing" is a new area of finance that has application in the process of integrating environmental protection i.e. global destinations and economic benefit. This term includes wide ranges of technologies, projects and industries that are largely related to nature, habitat and sites, confirming that it is a sustainable concept of balancing environmental depreciation in the process of carbon assimilation in the atmosphere. In essence, green funding is part of the green carbon reduction project linking financial industry, natural destinations improvement and countries' economic growth, which is an important form of long-term sustainable development. As this is an innovative concept, the paper pays special attention to the development of market mechanisms and the formulation of green financing policy in order to preserve destinations. By revealing internal contradictions between the green financing and environmental protection in achieving ecological bala...
In the last decades, foreign direct investments and export have generally been considered key dri... more In the last decades, foreign direct investments and export have generally been considered key drivers of global economic integration. This paper pays special attention to analysis of possible impact and relationship between foreign direct investment, exports and economic growth of countries. When looking at Serbia as a country that is still in the process of transition, due to its characteristics in terms of impact on long-term economic development, the main purpose of this paper is the research and analysis of connectivity between foreign direct investments, export and economic growth measured by gross domestic product of Serbia in the period from 1998 to 2016. With the use of statistical-quantitative analysis, the paper has produced the results that indicate that foreign direct investments and export positively influence the economic growth of Serbia. Having in mind that the impact of foreign direct investments and export is positive, the conclusions of the research can be useful ...
The paper analyses green bonds as sources of financing renewable energy projects. Green bonds are... more The paper analyses green bonds as sources of financing renewable energy projects. Green bonds are a relatively new form of financing and thanks to increased investors’ climate awareness, the market has seen an enormous growth in the last few years. Therefore, the guidelines and standards adopted in financial markets clearly indicate what should be considered a green investment and are a key to further development of the market and achieving the goals of green financing. The goal of the theoretical approach to green bond market in the paper is to identify the key barriers that prevent many countries from taking advantage of this new but growing source of financing renewable energy. The lack of appropriate institutional arrangements for managing green bonds, issuing a minimum volume and high transaction costs are the key obstacles to the development of green bond market. The overall conclusion of the paper is that with just the right measures, many countries could make full use of gre...
Poslovna ekonomija
The paper analyzes the sources of Southeastern European countries' economic development finan... more The paper analyzes the sources of Southeastern European countries' economic development financing - Albania, Bosnia and Herzegovina, Bulgaria, Montenegro, Croatia, Romania, Macedonia, and Serbia in the period from year 2009 to year 2018. The research focus is on the one hand directed towards the analysis of the economic growth rate, the share of domestic savings and the current account balance. On the other hand, particular attention in the analysis is given to the data on the dynamics of foreign direct investment. The analysis in the paper indicates that due to the lack of domestic savings and difficulties with foreign borrowing, in the observed period, foreign direct investment was the most represented source of financing for economic development. The analysis for the SEE countries also shows that the lack of domestic savings caused the unfavorable structure of foreign direct investment flows with the end result of a low economic growth rate. When it comes to the relevance of ...
Sustainable economic development through green innovative banking and financing
Economics of Sustainable Development
The essence of the paper is a new concept of finance, which is synchronized with the environmenta... more The essence of the paper is a new concept of finance, which is synchronized with the environmental processes of the planet development - green finance. Green finance is positioned between the financial industry, sustainable economic development, and environmental protection. Banks can play a relevant role in promoting environmental sustainability by financing environmentally and socially responsible projects. To fulfill this role, the banking sector in certain countries has adopted the concept of Green Banking which promotes environmentally responsible financing and sustainable internal processes. The paper aims to study the role of banks in sustainable economic development through green banking activities. Building on the theoretical concept of green finance and green banking activities, it is ultimately suggested that developing green banking products are is a proactive idea that might enable eco-friendly business practices for present and future generations.
Acta veterinaria, 2008
Although brain complications in sepsis are not rare, early pathophysiologic events had not been m... more Although brain complications in sepsis are not rare, early pathophysiologic events had not been made clear yet. We have considered antioxidative components-glutathione peroxidase (GSHPx) activity and reduced glutathione (GSH) concentration in two brain integrative centers, i.e the brain stem (BS) and thalamus. Sepsis was induced in adult male Wistar rats (200-250 g) by cecal ligation and perforation (CLP) with inoculation of Escherichia coli suspension (ATCC 25922) (n=40). The control group was sham operated (n=40). For each time point (0, 12, 24 and 72 hours) after treatment, ten animals within each group were decapitated. In BS, GSHPx activity increased at 12 and 24 hours after CLP, while in the thalamus, GSHPx activity increased at 72 hours, compared to controls. In BS, GSH concentration decreased at the 12 th and 24 th hour, and in the thalamus it decreased at the 72 nd hour. Changed oxidative status in BS, recorded as soon as the 12 th hour, reflects a prompt reaction of the central nervous system. This could be of great consequence for disturbed vasomotor response during sepsis.
Ekonomika, 2015
Since climate changes have caused significant problems in the functioning of the modern world, hu... more Since climate changes have caused significant problems in the functioning of the modern world, human society and economics at the global level, it is inevitable to take appropriate protective measures. Climate change and its bad influence directly relate to the environment and indirectly to economic, i.e. tourist activities which are linked to natural potentials. For years, human or industrial activities have been emitting greenhouse gases into atmosphere, which have harmed the climate to a large extent. In order to prevent further pollution, permits for emitting greenhouse gases were introduced at various conferences on a global level. These permits are traded on the stock exchange so this paper gives an overview and description of CO2 emission trading. Such an indirect environmental protection provides the possibility of reducing harmful gasses emission into atmosphere, and thus less harming climate factors. The paper puts emphasis on the Kyoto Protocol, CO2 emissions market, situation and tendencies on the market and their influence on tourism.
Poslovna ekonomija
SAŽETAK: Poslednjih decenija, strane direktne investicije i izvoz se generalno smatraju ključnim ... more SAŽETAK: Poslednjih decenija, strane direktne investicije i izvoz se generalno smatraju ključnim pokretačima globalne ekonomske integracije. U radu poseban naglasak se daje analizi mogućih uticaja i odnosa između stranih direktnih investicija, izvoza i ekonomskog rasta. Kada se posmatra Srbija kao zemlja koja se još uvek nalazi u procesu tranzicije, zbog svojih karakteristika u pogledu uticaja na dugoročni ekonomski razvoj, cilj ovog rada je istraživanje i analiziranje povezanosti između stranih direktnih investicija, izvoza i ekonomskog rasta merenog bruto domaćim proizvodom Srbije u periodu od 1998. do 2016. Uz korišćenje statističko-kvantitativne analize, u radu se došlo do rezultata koji ukazuju da strane direktne investicije i izvoz pozitivno utiču na ekonomski rast Srbije. Imajući u vidu da je uticaj stranih direktnih investicija i izvoza na ekonomiju pozitivan, zaključci istraživanja mogu biti od koristi pri kreiranju odgovarajućih politika i strategija daljeg ekonomskog rasta i razvoja Srbije.
Green Finance, 2019
The aim of the paper is to analyze the sustainability of green economy financing, to determine ho... more The aim of the paper is to analyze the sustainability of green economy financing, to determine how and to what extent green economy is financed in the Republic of Serbia, the countries of the ASEAN Association, and what the economic instruments for achieving green growth are. The emphasis will be placed on green bonds, modern securities, as well as the impact they have on international projects for using renewable energy sources. At the Earth Summit of the United Nations Conference on Environment and Development (UNCED), a plan of action Agenda 21 was adopted. Some time after the adoption of the plan of action, some favorable changes occurred in the models of financing sustainable development and the amounts of international financial transfers were defined in less developed countries of 125 billion dollars a year. Due to international activities, projects of transferring international financial resources were created with the aim of directing them from the developed to underdeveloped countries to help development of green economy. Since Serbia is one of the less developed countries and in the process of transition for a very long time, a specific recommendation for its own green finance projects can be found, based on the practice from modern countries. As an example of an advanced country that is largely on the path of sustainable development and use of renewable energy sources, the authors have taken into consideration Singapore and compared it with Serbia. The paper gives a certain contribution in terms of analyzing the development of green economy in one of the countries of the ASEAN Association (Singapore) and in Serbia, which is only paving its way of sustainable development, the use of renewable energy sources and forms of green finance.
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Papers by Dragica Stojanović