This paper develops a Composite Institutional Index (InstIndex) as a synthetic measure of the development of inclusive institutions, based on five Worldwide Governance Indicators dimensions: Control of Corruption, Government Effectiveness, Regulatory Quality and Rule of Law, Voice and Accountability. The index is calculated as a simple arithmetic m...

By Danijela Despotović, Miroljub Nikolić, Andrea Andrejević Panić, Slobodan Cvetanović

 The paper presents the concept of competitiveness of the city's economy. Its growing importance in the theory and policy of the competitiveness of certain urban areas is highlighted. The concept of city competitiveness means a kind of theoretical and methodological unification of the general and local dimensions of the multi-level category of...

By Srđan Milicević, Danijela Despotović, Slobodan Cvetanović, Lela Ristić

 The authors investigate the external solvency of three Balkan countries, two of which are socalled late transition countries (Bosnia and Herzegovina and Serbia), while Bulgaria is a country that has completed the transition and become a member of the European Union since 2007. Two indicators of external solvency are analysed: External debt/g...

By Danijela Despotović, Srđan Milicević, Vladimir Nedić, Slobodan Cvetanović