Abstract: This paper situates the 2008 Global Financial Crisis into the wider historical context to argue that the roots of the crisis can be traced back to the dominant economic ideology in the West during the 1970s. It shows that the corresponding financial policies, implemented by the powerful western economies during the four decades that preceded the crisis, created an institutional framework that fostered financial irresponsibility and made the crisis all but inevitable. The paper also explores the ideas that led to the stabilization of the global market as well as the role of China in charting the way ahead. Ultimately, the discussion highlights the inherent tendency of neoliberal economic ideology to create market instabilities whose consequences for the global economy can be devastating.
Emergence of the International Political Economy as a platform for a complex interface between economy and politics coincides with a strong momentum of the last phase of globalization. The interdependence is explained through the prism of three classical theories, liberalism-as a pro-globalist theory, mercantilism, and Marxism, both skeptical of globalization. Shrouded in numerous controversies globalization has indeed achieved limited results. Paradoxically, actors in the borderless, neoliberal world are exclusively driven by capital. Governments often allow transnational companies to dictate market developments with direct influence on employment, gross domestic product, and power distribution. The aim of this paper is to show whether the neoliberal order is on the wane, an order in which non-liberal measures such as trade protectionism and border closure are increasingly being resorted to pushing back the processes of world economy liberalization. The basic liberal, democratic pillars of equality and justice have collapsed before the interest-driven economy.
—In order to analyze the feasibility of implementing elements of new communication systems under an SDR approach, this work presents the prototyping of an OFDM communication link using the GNU Radio open source tool and low cost hardware interface with HackRF One and RTL-SDR. Preliminary results have shown promise, allowing the design and testing of digital communication systems in a practical way and taking into account the real condition of the channel and deficiencies of the front-end
Globally, when accessing and driving in public transport vehicles, women have a problem with fear, experiences of sexual harassment and violence. Women's daily trips are very different from those made by men. These factors make a woman more vulnerable, as standard public transport companies do not consider these characteristics enough. The safe public transport option also helps increase the number of women in economic activities. The way of traveling determines the type of work or shift that the woman will accept. Mobility provides women with financial strength and independence, and currently access to safe public transport, both in Sarajevo Canton and throughout Bosnia and Herzegovina, and it can be said that it is not at a satisfactory level in the region, so urgent actions need to be taken. The concept for the implementation of gender equality within the Erasmus + TRAFSAF project, modeled on EU projects, is that all project partners, both those coming from the segment of higher education and NGOs, keep gender statistics and that measures to promote enrollment must be provided. female populations at all levels of study. It is also a requirement for project participants to increase the participation of women as trainers, as well as to enhance the presence of women in trainings related to traffic safety during the project. These activities should continue after the completion of the project, bearing in mind that it is necessary to integrate gender equality in the segment of traffic safety.
The influence of light and temperature stress conditions and oxygen availability on the chemical composition of Satureja montana and Lavandula angustifolia essential oils is reported. Photostability and thermal stability were evaluated by gas chromatography-mass spectrometry (GC‑MS) analysis, comparing composition before and after the applied regimes. In Satureja montana essential oil, the amount of thymol (13.0-11.9%) and carvacrol (10.3-9.4%) decreased at elevated temperature and in the presence of air, with a simultaneous increase of p-cymene (24.2‑26.2%) while in an inert atmosphere the composition remained the same as in fresh oil. Light caused a dehydrogenation of α-terpinene (2.1-0.9%) and γ-terpinene (5.6‑4.7%) to p-cymene (24.2-25.9%) and decrease of trans-caryophyllene (5.1-4.3%). In Lavandula angustifolia essential oil, compounds sensitive to elevated temperature and the presence of oxygen were cis‑ocimene (2.8-2.2%) and trans‑ocimene (2.6-2.0%), alloocimene (3.0-2.3%), trans‑caryophyllene (4.3-3.6%) and β-farnesene (1.7-1.2%). Irradiated samples showed a decrease in the content of cis-ocimene (2.8-1.9%), alloocimene (3.0‑2.0%), crypton (0.6-0.1%), cuminal (0.3-0.0%), trans‑caryophyllene (4.3-3.5%), β-farnesene (1.7-1.1%) and germacrene-D (0.5-0.1%) and an increase of trans-ocimene (2.6-3.5%), β-bourbonene (0.0-0.2%) and several unidentified peaks. Both oils showed an individual response to light and temperature stress. The absence of oxygen and light is the only storage regime under which the initial composition can be preserved.
There is no doubt that examples from folklore have useful, functional and aesthetic value in music teaching, and that it is preferable to use them for educational purposes. Selected examples of folk songs from Montenegro have their own frame and way of musical thinking, which is not always adaptable to musical didactics in terms of notation standards. However, they are adapted and still show that folk songs can be interpolated into the system of music education. From the selected examples of folk songs from Bosnia and Herzegovina, only a small number of examples can be used for illustration, but not for solving specific elements. The notation of Bosnian sevdalinka often contains a series of passing tones that are the result of freedom of interpretation, as well as unresolved metro-rhythmic elements that are not compatible with elementary notation standards.
Coronary artery disease remains among the leading causes of morbidity and mortality in the world. Percutaneous coronary interventions PCI have become the leading mode of revascularization in patients with single-vessel or double-vessel coronary disease, as well as in patients with acute coronary syndrome. For the purpose of optimal treatment of patients in the Republic of Srpska, a cath lab was opened at the Clinic for Cardiovascular Diseases of the University Medical Center of the Republic of Srpska in June 2007. Retrospective data collection in the period from 2007 to 2021 revealed that 33,183 procedures were performed. The opening of the cath lab of the Clinic for Cardiovascular Diseases of the University Medical Center of the Republic of Srpska enabled the application of the most modern methods for diagnosis and treatment of ischemic coronary heart disease, which led to significantly lower mortality rates from STEMI and NSTEMI infarction in Republika Srpska, with significant progress in treating patients with other forms of ischemic heart disease.
We present a case of 55-years old man with severe mitral regurgitation with significantly reduced ejection fraction, paroxysmal atrial fibrillation and hypertension, who underwent surgical procedure of the replacement of the mitral valve.
We present a case of 72-years old patients with long standing heart failure with reduced ejection fraction, diabates mellitus with chornic renal failure and previous CRT implantation, in whom initation of new treatment with empaglifozine and sacubitril valsartin in addition to beta-blockers and diuretics significantly improved hic clinical condirion and laboratory status.
Bosnia and Herzegovina, having an extremely complex state system and at the same time being a developing country and economy in transition with a commitment to membership in the European Union, faces numerous challenges in adapting national legislation to the acquis communautaire. One of the key segments of the introduction of European standards is the establishment of an effective mechanism for the protection of competition in legislative and institutional terms. With the adoption of the Competition Law in 2005, which brings new solutions and is largely in line with the acquis, Bosnia and Herzegovina has made a significant step forward from the previous state of legal irregularity in this important segment. However, sixteen years of the enforcement of the BiH Competition Law have shown certain shortcomings regarding the particular solutions contained in it. These shortcomings concern the part of the provision of the law that regulates procedural issues, but also the functioning of the authority responsible for the protection of competition in Bosnia and Herzegovina and it can be assumed that these are obstructive elements in response to the challenges of COVID-19 pandemic. In order to follow the international trends, companies in BiH have entered into a process of business digitalization, which, however, being accelerated due to COVID-19 pandemic, has created many challenges before the Council of Competition of BiH as the authority responsible for public enforcement of the competition law. The aim of this paper is to question the extent to which COVID-19 pandemic has affected the work of the Council of Competition BiH, as well as to address some of the particular issues it has faced before the pandemic, including growing market concentration, growing power of digital platforms, protectionism, consumer vulnerability and consequent loss of public confidence. In order to meet the set research goals, the first part of the paper will present an analysis of the legal solutions in the context of the legal and institutional aspect of competition protection and will provide an overview of the situation regarding the digitalization of business operations in Bosnia and Herzegovina. The second part of the paper will provide an analysis of the work of the Council of Competition of BiH with special reference to the period of declaring the pandemic COVID-19.
ISSN 2620-0406 Citation: Šikman, M. M, & Grujić, M. (2021). Relationship of AntiMoney Laundering Index with GDP, financial market development, and Human Development Index. NBP. Nauka, bezbednost, policija, 26(1), 21–33. doi:10.5937/nabepo26-29725 Abstract: Money laundering has a direct impact, among other things, on the economic development of a country. The aim of this research is to determine the correlation between money laundering and economic development expressed through GDP, as well as between financial market development (FDI) and the Human Development Index (HDI). The results of the research show that there was a significant relationship between the observed variables, i.e. that there is a relation of the Anti-Money Laundering Index (AMLI) on GDP, financial market development and the HDI. Namely, given that medium-strong links between the observed variables have been established, it can be claimed that there is reason to believe that “copying the behaviour” of a certain country in the fight against money laundering can further develop the financial market, influence human development or an increase in GDP per capita. In particular, a decrease in the AMLI was expected to increase the FDI (R2 = 0.2601). A decrease in the AMLI was expected to increase the HDI (R2 = 0.5747). In that way, financial institutions are directly affected, which negatively relates to economic and political stability.
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