Blog

Autor: Nadica Jovanovska Boshkovska, PhD In 2023, natural disasters inflicted an astounding USD 380 billion in global economic loss, yet just USD 118 billion of that was covered by insurance (source: AON). That leaves a sobering 70% protection gap between what was lost and what was financially protected. In Southeast Europe (SEE) especially in the […]

Autor: Prof. Goran Petrevski, PhD Recently, the World Bank Group published the publication Greater Heights: Growing to High Income in Europe and Central Asia, which deals with the main drivers and obstacles in the transition of middle-income countries in the region towards the high-income level. Given that all the Balkan countries belong to this category,

Autor: Nina Mojsova Kjoseva, Phd On April 2, 2025, President Donald Trump unveiled sweeping tariffs under the banner of “Liberation Day”— a dramatic economic maneuver that reintroduces a 10% universal tariff on imports to the U.S., plus new “reciprocal” country-specific duties. Though the media spotlight largely focused on superpowers like China and the European Union,

Autor: Prof. Blagica Novkovska, PhD The need for BI was derived from the concept that managers with inaccurate or incomplete information and data will tend, on average, to make poorer decisions than if they had better information and data. Creators of financial models recognize the importance of highlighting quality information in decision-making. BI aims to

Author: Damir Bećirović, PhD The information that Poland’s GDP (measured in Purchasing Power Parity) has reached Japan’s GDP, which symbolizes economic power, work and innovation, raises the question of the reasons for the significant lag in economic development of the Balkan countries compared to other countries that were in the process of economic transition from