Master in Economics
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Papers by Monika Arsova
The subject of this paper is to analyze the potential of logistic companies and their performance capacity though the Monte Carlo simulation of the net income values. We present the case of Macedonian logistic companies with the challenge of using the interactive testing environment in Power Bi for goal testing. For the purpose of testing,we generate 1 million data units in two scenarios of 10% increased and decreased net
income value. This case was tested on data from year 2020 for Fershped, Kuehne & Nagel and Quehenberger Logistics as a part of Macedonian logistic industry.The results suggest that results of the simulations are in small favor of the values lessthan in the 2020. However, if we know that the values in 2020 are continuing a good result from 2019 we can conclude that the results expected for 2021 will results in strong positive values.
Kew words: Macedonian logistic companies, Net income, Monte Carlo scenario, Power BI
Големи промени настанале во рамки на каналите на маркетингот, односно преминот од традиционални кон дигитални, модерни канали на поврзување со потрошувачите. Денешниот потрошувач бара многу повеќе внимание, личен однос од страна на претпријатието, почесто известување и пласирање информации кои се лесно достапни за него. Иновациите во маркетинг каналите претставуваат прв чекор во креирањето дигитално општество во периодот на пандемијата, но и после неа. Креирањето на дигитално општество подразбира поголемо поврзување, синхронизирање и адаптирање на светските пазари и создавање поголеми вредности за потрошувачите. Покрај изедначувачкиот потенцијалот кој дигитализацијата како процес го има, сепак дигиталното општество е далеку од утопично со оглед на тоа што сеуште може да се видат социјалните и економски нееднаквости помеѓу потрошувачите.
Клучни зборови: дигитализација; канали на маркетинг; информации; потенцијал; нееднаквости
Keywords: marketing, investment, consumers, media, respondents, TV, Facebook
and contributes significantly to air pollution, noise and habitat fragmentation. The transport sector (including bunker fuels) accounted for 24.3% of total EU GHG (greenhouse gas) emissions. The European Commission's target of a 60% reduction in greenhouse gas emissions by 2050 will require significant additional measures. Ones of these measures are built and expand bicycles infrastructure, pedestrian zones, sport and park areas which stimulates healthy and recreative customs. From a spatial planning aspect, regions that have invested in bicycling have seen tangible economic impacts. Studies show that the bicycle industry, bicycle tourism, and the health benefits from bicycling create a healthy population, new job positions, alternative forms of economic activity, and cost savings. Cities with an efficient transport network and high level of convenience for cyclists have significant benefits for each community.
Usually it is considered that cycling is considered something that the administrative authorities could do, easily and quickly. This common mode of transport is used for every type of trip: work, shopping, schools, recreational or health reasons.
Cyclists can more accurately predict travel time to desired destinations, while ensuring healthy habits in daily routines. Only by providing the appropriate bicycle infrastructure can these benefits be achieved.
Keywords: bicycle transport, alternative transport, greenhouse gas emissions, spatial planning
melted national borders, free trade has enhanced economic integration and the information and communications technology has made geography and time irrelevant, boosted by transport ability.
More efficient transport infrastructures enable a better mobility for people and goods as well as a better connection between regions. Transport
infrastructure influences both the economic growth and the social cohesion. Road transport is characterized by the capillarity of its infrastructure.
Competitiveness itself has been a central preoccupation of the policy of EU. It is obvious that stronger role and bigger contribution of the
transport sector in the improvement of European economic growth and competitiveness are highly expected. Transport was seen as a crucial element in the establishment of the Common Market, whose rules, especially those governing international transport, made possible the free trade of goods and the free movement of persons. Effective and
efficient transportation systems are vital to the prosperity of regions because they link residents with employment, public services, shopping and supplier markets. Because transportation facilities extend beyond local jurisdictions, it is essential to include them in regional development
strategies. System, able to conjugate urban and extra-urban
mobility in a continuous flow based on individual planning. A region cannot be competitive without an efficient transport network.
To enforce global competition EU must investigate on research and innovative transport development. Innovative solutions, comprising
innovative technologies, suitable infrastructures and organizational improvements, are one important means in implementing these goals.
Key words: transport policy, globalization, competitiveness, innovation, business facility, economic growth
Keywords: blockchain technology; logistics; information technology; cost reduction; computer network
fatal effect and almost mythical dimension. Europe, as well as Balkans today is in the focus of attention because again live the tragic period of its history. Balkan countries cope with the problem of losing vital human resources because educated young people emigrating from the region in EU and USA. Macedonia faces what is called a “white plague”, the process of emigration of young people from the country. Hundreds of thousands of young people aged between 25 and 35 have left Balkan countries over the past couple of decades in search of a better life abroad. History again create new cultural landscape of the new global challenges.
Key words: global transportation, culture, globalization, brain drain, white plague
Keywords: business environment; market analysis; business entities; logistics infrastructure
According to reports from the World Health Organization, traffic accidents on the roads are among the leading causes of death globally, taking the eighth place on the list of causes of death, but in the first place as the main cause of the deaths of the population aged 15-29 . They are not only an appropriate personal tragedy for the families
themselves, but also have a major impact on the productivity of the population as a whole, the amount of economic expenditures and appropriate implications in the health sector. Estimates of traffic accidents globally range from about 1.2 million fatalities, from 20-50 million injured or disabled persons and about $ 518 billion a year to material damage. Traffic road accidents in low- and middle-income countries are particularly high, where they range between 1% and 2% of their gross national product - more than the total development aid received in these countries. The magnitude of this important social problem has forced numerous international institutions and bodies, including the United Nations, to pay special attention to the conditions and consequences of traffic. Following the European Union Road Traffic
Safety Program, the National Strategy of the Republic of Macedonia envisages reducing the number of victims in traffic accidents because the security conditions in the road traffic in the Republic of Macedonia are quite serious and the situation is really worrying. If we make an analysis of the causes of traffic accidents, we will see that in 95% of cases, the human factor is the cause most of all. For these reasons, as an imperative and one of the very high priorities of each country, the causes and measures of road safety are set as a major issue in each country's public policies.
Key words: road traffic, traffic accidents, human losses, material damages, prevention
Keywords: study program, academic practice, information system, logistics, supply chain management
demands for the rational business of industrial entities in the context of greater economic development, are seeking a quality logistics service, which implies, above all, faster and more reliable movement of goods, transport, financial and information flows, through and within these areas. In order to eliminate the negative effects in the realization of the logistics flows and not to disturb the natural-geographic and ambient conditions in the tourist zones, the idea for the improvement of the existing distribution system solutions is impinged, which would lead to a
win-win situation for all participants in the appropriate geographical region.
Keywords: logistic services; regional development; tourist zones; economic development
European core. Gross domestic product (GDP) per capita in the Western Balkans, adjusted for purchasing power parity, is half that of eastern European EU countries, one-third that of southern EU members and a mere quarter of the richest EU members in western Europe. The question that imposes itself is: how to overcome those differences among Balkans countries, to complete the historical vision and final mosaic puzzle of European Union? We should look for the solution historically for several decades back when creating the United Europe model. Prosperous and contemporizing Europe began its vision with the creation of a common market. And the market gives its benefits only with its physical ties i.e. transport and communication links. Transport links between the countries of the Western Balkans, with all accompanying economic, political and administrative adjustments, can contribute to realizing the single market as crucial phase of development of a United Europe. Future hopes and views are focused on finalizing Pan-European transport corridors in the Western Balkan countries,
through which the trade peaks will be strengthened, overcoming the decades-long problems and conflicts in this part of Europe, and to achieve the long-awaited model for a Common European Union. But we must be realistic enough to see that transport infrastructure is not some miraculous tool with which to solve a society's development problems. It is only one part of the story. Transport must work in union with national development programmes, physical planning, investment, economic and monetary policy, custom and legal regulations. But we must acknowledge that, in many respects, the quality and success of life of Balkan‟s citizens depends on the vitality and responsibility of implementation many structural changes. One of the crucial factors is still transport infrastructure.
Keywords: Western Balkan, Regional cooperation, Common market, Transport policy, Transport corridor.
The subject of this paper is to analyze the potential of logistic companies and their performance capacity though the Monte Carlo simulation of the net income values. We present the case of Macedonian logistic companies with the challenge of using the interactive testing environment in Power Bi for goal testing. For the purpose of testing,we generate 1 million data units in two scenarios of 10% increased and decreased net
income value. This case was tested on data from year 2020 for Fershped, Kuehne & Nagel and Quehenberger Logistics as a part of Macedonian logistic industry.The results suggest that results of the simulations are in small favor of the values lessthan in the 2020. However, if we know that the values in 2020 are continuing a good result from 2019 we can conclude that the results expected for 2021 will results in strong positive values.
Kew words: Macedonian logistic companies, Net income, Monte Carlo scenario, Power BI
Големи промени настанале во рамки на каналите на маркетингот, односно преминот од традиционални кон дигитални, модерни канали на поврзување со потрошувачите. Денешниот потрошувач бара многу повеќе внимание, личен однос од страна на претпријатието, почесто известување и пласирање информации кои се лесно достапни за него. Иновациите во маркетинг каналите претставуваат прв чекор во креирањето дигитално општество во периодот на пандемијата, но и после неа. Креирањето на дигитално општество подразбира поголемо поврзување, синхронизирање и адаптирање на светските пазари и создавање поголеми вредности за потрошувачите. Покрај изедначувачкиот потенцијалот кој дигитализацијата како процес го има, сепак дигиталното општество е далеку од утопично со оглед на тоа што сеуште може да се видат социјалните и економски нееднаквости помеѓу потрошувачите.
Клучни зборови: дигитализација; канали на маркетинг; информации; потенцијал; нееднаквости
Keywords: marketing, investment, consumers, media, respondents, TV, Facebook
and contributes significantly to air pollution, noise and habitat fragmentation. The transport sector (including bunker fuels) accounted for 24.3% of total EU GHG (greenhouse gas) emissions. The European Commission's target of a 60% reduction in greenhouse gas emissions by 2050 will require significant additional measures. Ones of these measures are built and expand bicycles infrastructure, pedestrian zones, sport and park areas which stimulates healthy and recreative customs. From a spatial planning aspect, regions that have invested in bicycling have seen tangible economic impacts. Studies show that the bicycle industry, bicycle tourism, and the health benefits from bicycling create a healthy population, new job positions, alternative forms of economic activity, and cost savings. Cities with an efficient transport network and high level of convenience for cyclists have significant benefits for each community.
Usually it is considered that cycling is considered something that the administrative authorities could do, easily and quickly. This common mode of transport is used for every type of trip: work, shopping, schools, recreational or health reasons.
Cyclists can more accurately predict travel time to desired destinations, while ensuring healthy habits in daily routines. Only by providing the appropriate bicycle infrastructure can these benefits be achieved.
Keywords: bicycle transport, alternative transport, greenhouse gas emissions, spatial planning
melted national borders, free trade has enhanced economic integration and the information and communications technology has made geography and time irrelevant, boosted by transport ability.
More efficient transport infrastructures enable a better mobility for people and goods as well as a better connection between regions. Transport
infrastructure influences both the economic growth and the social cohesion. Road transport is characterized by the capillarity of its infrastructure.
Competitiveness itself has been a central preoccupation of the policy of EU. It is obvious that stronger role and bigger contribution of the
transport sector in the improvement of European economic growth and competitiveness are highly expected. Transport was seen as a crucial element in the establishment of the Common Market, whose rules, especially those governing international transport, made possible the free trade of goods and the free movement of persons. Effective and
efficient transportation systems are vital to the prosperity of regions because they link residents with employment, public services, shopping and supplier markets. Because transportation facilities extend beyond local jurisdictions, it is essential to include them in regional development
strategies. System, able to conjugate urban and extra-urban
mobility in a continuous flow based on individual planning. A region cannot be competitive without an efficient transport network.
To enforce global competition EU must investigate on research and innovative transport development. Innovative solutions, comprising
innovative technologies, suitable infrastructures and organizational improvements, are one important means in implementing these goals.
Key words: transport policy, globalization, competitiveness, innovation, business facility, economic growth
Keywords: blockchain technology; logistics; information technology; cost reduction; computer network
fatal effect and almost mythical dimension. Europe, as well as Balkans today is in the focus of attention because again live the tragic period of its history. Balkan countries cope with the problem of losing vital human resources because educated young people emigrating from the region in EU and USA. Macedonia faces what is called a “white plague”, the process of emigration of young people from the country. Hundreds of thousands of young people aged between 25 and 35 have left Balkan countries over the past couple of decades in search of a better life abroad. History again create new cultural landscape of the new global challenges.
Key words: global transportation, culture, globalization, brain drain, white plague
Keywords: business environment; market analysis; business entities; logistics infrastructure
According to reports from the World Health Organization, traffic accidents on the roads are among the leading causes of death globally, taking the eighth place on the list of causes of death, but in the first place as the main cause of the deaths of the population aged 15-29 . They are not only an appropriate personal tragedy for the families
themselves, but also have a major impact on the productivity of the population as a whole, the amount of economic expenditures and appropriate implications in the health sector. Estimates of traffic accidents globally range from about 1.2 million fatalities, from 20-50 million injured or disabled persons and about $ 518 billion a year to material damage. Traffic road accidents in low- and middle-income countries are particularly high, where they range between 1% and 2% of their gross national product - more than the total development aid received in these countries. The magnitude of this important social problem has forced numerous international institutions and bodies, including the United Nations, to pay special attention to the conditions and consequences of traffic. Following the European Union Road Traffic
Safety Program, the National Strategy of the Republic of Macedonia envisages reducing the number of victims in traffic accidents because the security conditions in the road traffic in the Republic of Macedonia are quite serious and the situation is really worrying. If we make an analysis of the causes of traffic accidents, we will see that in 95% of cases, the human factor is the cause most of all. For these reasons, as an imperative and one of the very high priorities of each country, the causes and measures of road safety are set as a major issue in each country's public policies.
Key words: road traffic, traffic accidents, human losses, material damages, prevention
Keywords: study program, academic practice, information system, logistics, supply chain management
demands for the rational business of industrial entities in the context of greater economic development, are seeking a quality logistics service, which implies, above all, faster and more reliable movement of goods, transport, financial and information flows, through and within these areas. In order to eliminate the negative effects in the realization of the logistics flows and not to disturb the natural-geographic and ambient conditions in the tourist zones, the idea for the improvement of the existing distribution system solutions is impinged, which would lead to a
win-win situation for all participants in the appropriate geographical region.
Keywords: logistic services; regional development; tourist zones; economic development
European core. Gross domestic product (GDP) per capita in the Western Balkans, adjusted for purchasing power parity, is half that of eastern European EU countries, one-third that of southern EU members and a mere quarter of the richest EU members in western Europe. The question that imposes itself is: how to overcome those differences among Balkans countries, to complete the historical vision and final mosaic puzzle of European Union? We should look for the solution historically for several decades back when creating the United Europe model. Prosperous and contemporizing Europe began its vision with the creation of a common market. And the market gives its benefits only with its physical ties i.e. transport and communication links. Transport links between the countries of the Western Balkans, with all accompanying economic, political and administrative adjustments, can contribute to realizing the single market as crucial phase of development of a United Europe. Future hopes and views are focused on finalizing Pan-European transport corridors in the Western Balkan countries,
through which the trade peaks will be strengthened, overcoming the decades-long problems and conflicts in this part of Europe, and to achieve the long-awaited model for a Common European Union. But we must be realistic enough to see that transport infrastructure is not some miraculous tool with which to solve a society's development problems. It is only one part of the story. Transport must work in union with national development programmes, physical planning, investment, economic and monetary policy, custom and legal regulations. But we must acknowledge that, in many respects, the quality and success of life of Balkan‟s citizens depends on the vitality and responsibility of implementation many structural changes. One of the crucial factors is still transport infrastructure.
Keywords: Western Balkan, Regional cooperation, Common market, Transport policy, Transport corridor.