Economic Annals is an academic journal published quarterly by the Faculty of Economics, University of Belgrade [Subscription]. The journal publishes papers in English language, covering a wide range of economic areas, from business to general economy. It is ranked in the Elsevier Scopus® database by SCImago Journal & Country Rank Q3. The current issue is available on the website [Contents], as well as the earlier issues for the last five years [Archive]. The journal stimulates publishing results of both theoretical and empirical research, with a tendency to bridge the gap often occuring between the two. All papers are subject to anonymous reviews and can be published only if two positive references are obtained. The authors are expected to follow the standard publication procedures [Instructions to Authors], and to recognize the values of democratic society and modern economics. The Editorial Board particularly welcomes contributions that explore issues of transition economies.  

ECONOMIC ANNALS, Volume LVI, No. 191 / October-December 2011

1. Author: Will Bartlett, Ivana Prica
JEL Classification: E32, E65, F34, G28, P27, P52
Pages: 7 – 34
The Variable Impact of the Global Economic Crisis in South East Europe
DOI: 10.2298/EKA1191007B

2. Author: Vera Boronenko, Zane Zeibote
JEL Classification: H83, J21, J58, L16, O41, R12, R38
Pages: 35 – 68
Potential of Cluster Development and the Role of Cluster Support Policies in Latvia
DOI: 10.2298/EKA1191035B

3. Author: Hubert Gabrisch
JEL Classification: E61, F42
Pages: 69 – 88
A Macroeconomist’s View on EU Governance Reform: Why and How to Establish Policy Coordination?
DOI: 10.2298/EKA1191069G

4. Author: Ivan Vujacic, Jelica Petrovic Vujacic
JEL Classification: P26, P31
Pages: 89 – 106
Privatisation in Serbia – Results and Institutional Failures
DOI: 10.2298/EKA1191089V

5. Author: Vesna Karadžic, Tamara Backovic Vulic
JEL Classification: C22, C52, G10
Pages: 107 – 122
The Montenegrin Capital Market: Calendar Anomalies
DOI: 10.2298/EKA1191107K

6. Author: Snežana Ljubisavljevic, Dejan Jovanovic
JEL Classification: M42, M14
Pages: 123 – 142
Empirical Research on Internal Audit Position of Companies in Serbia
DOI: 10.2298/EKA1191123L

7. Author: Jelena Kocovic, Tatjana Rakonjac Antic, Marija Jovovic
JEL Classification: G01, G22
Pages: 143 – 162
The Impact of the Global Financial Crisis on the Structure of Investment Portfolios of Insurance Companies
DOI: 10.2298/EKA1191143K

Instructions to Authors

Publisher: Faculty of Economics, University of Belgrade, Serbia
ISSN (International Standard Serial Number): 0013-3264
UDC (Universal Decimal Classification) 3:33 
COBISS.SR-ID (Co-operative Online Bibliographic System and Services): 1328911

Editorial Board
Milena Jovičić, Editor-in-Chief
Ana Aleksić, Secretary

Mihail Arandarenko
Biljana Bogicević Milikić
Branislav Boričić
Radovan Kovačević
Danica Popović
Aleksandra Praščević
Božo Stojanović
Kata Škarić Jovanović
Branko Urošević

International Board
Will Bartlett, London School of Economics and Political Science, UK
Claude Berthomieu, University of Nice, France
Richard Burton, Duke University, USA
Horst Brezinski, University of Freiberg, Germany
Vladimir Gligorov, WIIW, Vienna, Austria
Yelena Kalyuzhnova, University of Reading, UK
Branko Milanovic, WB, Washington D.C., USA
Mario Nuti, University of Rome La Sapienza, Italy
Janez Prašnikar, University of Ljubljana, Slovenia
Xavier Richet, University Sorbonne Nouvelle, France
Milica Uvalic, University of Perugia, Italy

Language Editor
Rowena Rowling

Cover Design
Milan Novičić

Technical Associate
Jelena Cvetanović
Telephone: (011) 3021-068