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eng Regime-Changes in a Stock-Flow-Consistent Model
Correa, Romar
We explore the dynamical properties of the Godley-Lavoie model with a focus on Central Bank horizons. The stability properties of modes of regulation are traced from a regime of private bank money to the current crisis with the Central Bank levers of short-term bonds issue to the emerging policy regime of long-term bonds as built-in stabilizers.
Hrčak ID: 76783

eng Building a Resilient Local Economy: The Influence of Global Crises on Deglobalization of the Tourism Supply System
Kesar, Oliver
In the context of current deglobalization trends this research aims to investigate the need for changes in tourism supply system by analysing perception and expectations of procurement managers and suppliers of goods and services related to growing inflationary pressure on business costs and raising concerns about vulnerability and instability of the global supply chains. Based on survey and semi-structured interviews conducted among hotel procurement managers and local suppliers in popular seaside tourism destinations in Croatia, this research...
Hrčak ID: 286625

eng Crisis Communication in Croatian Business Organizations
Čendo Metzinger, Tamara; Manucci, Marina; Čemerin, Vedrana
Collegium antropologicum Vol. 38 Supplement 1, No. 1, 2014
Effective management of the communication process is an important factor of successful crisis management in business organizations. Effective communication implies an uninterrupted flow of all relevant information in all directions and at all levels of a business organization, as well as communication with its external environment. In crisis situations the management has to quickly answer these questions: What happened? How it happened? How to act during crisis? What to do so that the crisis is not repeated? Each filtering, deforming or reducti...
Hrčak ID: 121033

eng Significance and Role of International Standards in Development of Croatian Nautical Tourism
Favro, Srećko; Kovačić, Mirjana; Gržetić, Zvonko
Promet - Traffic&Transportation Vol. 21, No. 3, 2009
The authors of this paper have systematically studied the trends of increasing demand in nautical tourism. The increasing demand is followed by a significant increase of threats to the environment, but also to boaters and their vessels participating in nautical activities. The authors emphasise the obligation to observe safety requirements through defined and controlled procedures in marinas and at sea and implementation of international standards during the stages of organisation of nautical economy, i. e. nautical tourism with complementary a...
Hrčak ID: 82131

eng On the Missing Link between Currency Substitution and Crises
Sawada, Yasuyuki; Yotopoulos, Pan A.
Traditional approaches to the etiology of financial crises focus on the fundamentals of an economy, more specifically on the disequilibrium in the balance of payments. The purpose of this paper is to extend this ‘first generation’ literature of financial crises with a general model that focuses on the quality of a currency as a store of value for asset holding purposes – as opposed to the medium-of-exchange characteristics of a currency that enter considerations of the balance-of-payments approach. A formal model is sketched around a utility fu...
Hrčak ID: 34740

eng How Long Before NATO Aircraft Carrier Force Projection Capabilities Are Successfully Countered? Some effects of the fiscal crises
Lučev, Josip
Growth and fiscal policy conducive to economic development have been severely jeopardized in most NATO member countries since 2008. In sharp contrast, China has experienced only a relatively slower GDP growth, which it has mitigated with a fiscally expansionary outlook. Under these conditions, when can we expect the politico-military position of NATO to be challenged? This paper surveys amphibious force projection capabilities in six countries: the USA, the UK, France, Russia, India and the People’s Republic of China (PRC). An assessment of the...
Hrčak ID: 128762

eng The Euro and Its Benefits: Trade in Hard and in Soft Currencies
Yotopoulos, Pan A.; Romano, Donato
The introduction of the euro is a momentous event that has important implications for the world, for Europe, and also for the world. Protectionism in Europe in its various forms is being given a final blow with the introduction of the common currency that, for the first time, will lead to genuine convergence in prices. The abolition of the internal foreign exchange borders has profound effects for competitiveness and trade. It entails more freedom for Euroland’s producers to swim competitively – and especially to sink. What looks like a more se...
Hrčak ID: 34401

eng Laboratory diagnostics of emergency conditions associated with inborn errors of metabolism
Signa vitae Vol. 9, No. Suppl. 1, 2014
Inborn errors of metabolism are a growing group of monogenic hereditary diseases whose pathogenesis may be accounted for by biochemical disorders. The great majority of these diseases may occur as a metabolic crisis at any period of life. For their adequate treatment, fast recognition of the cause of the metabolic disorder is necessary, as well as good collaboration of all health professionals involved in immediate patient healthcare. On the path to final diagnosis, it is advisable to consult specialised centres in order to select appropria...
Hrčak ID: 134165

eng Can this be spring? Assessing the impact of the “Arab Spring” on the Arab tourism industry
Mansfeld, Yoel; Winckler, Onn
The socio-political unrest known as the “Arab Spring” has left its imprint on the tourism sector of the Arab region. This paper explores first the effects of the Arab Spring on the macro-tourism performance of selected Arab countries, both oil and non-oil, using official tourism and macro-economic statistical data. Subsequently, it examines the policies and strategies adopted by the Arab governments in order to mitigate the evolving tourism crisis in the non-oil Arab states. Finally, it examines the relationships between the non-oil and GCC cou...
Hrčak ID: 139578

eng Determinants of Currency Disturbances in Transition Economies of Central and Eastern Europe
Ahec-Šonje, Amina; Babić, Ante; Bačić, Katarina
Croatian Economic Survey Vol. , No. 6, 2004
This paper explores how the "signals" approach can be used to examine determinants of currency disturbances in transition economies during 1990s. We construct the measure of a currency disturbance - an index of foreign exchange market pressure as a referent series. The "signals" approach is used in constructing an effective system of early warning indicators for each country. The system monitors the behavior of various macroeconomic and financial variables that exhibit an unusual pattern in the periods preceding a disturbance or a crisis. By co...
Hrčak ID: 6322