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References Andersen, V. K., and Lorenzen, M., 2005. The Geography of the Danish Creative Class: A Mapping and Analysis Retrieved from http://www.academia.edu/441896/The_Geography_of_the_Danish_Creative Boschma, R. A., and Fritsch, M., 2007. Creative Class and Regional Growth-Empirical Evidence from Eight European Countries. Jena Economic Research Paper. doi: http://dx.doi.org/10.2139/ssrn.1023869 Bouquillion, P., and Le Corf, J. B., 2012. Concepts of creative industries and creative economies: what are the issues? European Statistical System Network on Culture

References Antwi S., Mills. E. F. E. A., Mills G. A., Zhao X. (2013). Impact of Foreign Direct Investment on Economic Growth: Empirical Evidence from Ghana. International Journal of Academic Research in Accounting, Finance and Management Sciences, 3(1), 18-25. Axarloglou K., Pournarakis M. (2007). Do All Foreign Direct Investment Inflows Benefit the Local Economy? The World Economy, 424-445. http://dx.doi.org/10.1111/j.1467-9701.2006.00824.x Doing Business (2014). Doing Business Economy Rankings. World Bank Group. Retrieved Sep. 18, 2014, from http

(IPO) Price of the Shares on the Tehran Stock Exchange. Research in World Economy, 5 (2), 68-73. doi: 10.5430/rwe.v5n2p68 Bateni, L., Roodposhti, F. R., Poorzamani, Z., and Asghari, F., 2014. The Relationship between IPO Price and Liquidity: Empirical Evidences from Iran. 6 (6), 226-233. doi: 10.5539/ijef.v6n6p226 Berk, A. S., and Peterle, P., 2015. Initial and Long-Run IPO Returns in Central and Eastern Europe. Emerging Markets Finance & Trade, 51 (sup6), S42-S60. doi: 10.1080/1540496X.2015.1080555 Bicanic, I., 1993. Privatization in Croatia. Eastern European

study using data from an NSO to benchmark a very large data set collected from the Internet, with the aim of shedding light on the relationship between the population collected online and the population at large as inferred by traditional scientific methods. More specifically, we focus on the number of vacancies in the economy inferred by survey methods by a statistical office compared to the number of vacancies obtained from web crawling. In economics research, labor markets are among the areas in which Big Data is increasingly being used ( Choi and Variant, 2012

References Afonso, A., & Jalles J. (2012). Revisiting fiscal sustainability - Panel cointegration and structural breaks in OECD countries. European Central Bank - Working Paper Series, 1465. https://doi.org/10.2139/ssrn.2180575 AMECO. (2017). Annual Data on Public Finances. Retrieved May 24, 2017, from AMECO database, http://ec.europa.eu/economy_finance/ameco/ . Black, S. (1985). Learning from adversity: policy responses to two oil shocks. Essays in International Finance, 160, 1-24. Retrieved from https://www.princeton.edu/~ies/IES_Essays/E160.pdf Blanchard, O

Abstract

Blockchain is a concept that tends to revolutionize the world of finance in a technological leap that allows fast, secure and decentralized transactions. The Blockchain technology is used in virtual coins (bitcoin) conditions, with a high innovation potential, applicable in various areas, with the advantage of storing databases, resulting in an unprecedented level of transparency in the private or public area. Interestingly, under the bitcoin conditions, the black chain system uses a decentralized peer-to-peer payment system. Practically, the bitcoin can be considered as the most appropriate triple game accounting system. All of these considerations are developing in the big data era, which is defined as a large, diverse, high-volume information base requiring new forms of processing. Big data is important for businesses because based on these, strategic and marketing decisions can be made to optimize the activity in the market conditions and consumer preferences. European Union directives provide for measures to ensure the development of all states and, in this context, the community. At the same time, some measures provide for a more accelerated development for states with a low accession. For this, funds have been made from which important amounts are allocated to these states. The complex development of the European Union aims, in fact, to improve the quality of life (standard of living) in all Member States. At the European community level there are databases usable in economic analyzes. Also, Eurostat is the institution with the most complex databases. Recently, the Conference of the Directors of the Institute of Statistics in the European States analyzed the perspective of calculating the indicators in the context of the big data to be implemented. The article focuses on the concrete study of the use of large data in the calculation of the indicators that underlie the comparability between the EU Member States.

References Abiad, A., Furceri, D., Topalova, P. (2015). The Macroeconomic Effects of Public Investment: Evidence from Advanced Economies. IMF Working Paper, WP/15/95, May 2015. Aktar, I., Demirci, N., Öztürk, L. (2009). Can Unemployment Be Cured By Economic Growth and Foreign Direct Investment? International Research Journal of Finance and Economics, Vol. 27, p. 203-211. Alexiou, C., Pitelis, C. (2003). On capital shortages and European unemployment: a panel data investigation. Journal of Post Keynesian Economics, Vol. 25, issue 4, p. 613-31. Arestis, P., Biefang

References A Guidebook to the Green Economy. Issue 4: A guide to the green economy initiatives. (2013). United Nations Division for Sustainable Development, UNDESA. p. 51. Retrieved from https://sustainabledevelopment.un.org/content/documents/916geguidebook4.pdf Bezrukih, P. P. (2012). Energoeffektivnost i ohrana okruzhajushhej sredy: aktualnye zadachi (Energy efficiency and environmental protection: actual issues). Bjulleten Instituta ustojchivogo razvitija Obshhestvennoj palaty RF (Bulletin of the Institute of Sustainable Development of the Public Chamber of

. https://www.heritage.org/international-economies/report/2017-index-economic-freedom-trade-and-prosperity-risk IMF. (2016). Country Report No. 16/22. International Monetary Fund. https://www.imf.org/external/pubs/ft/scr/2016/cr1622.pdf IMF. (2017). Country Report No.17/68. International Monetary Fund. https://www.imf.org Jobs, S.,(1997). You Tube. https://www.youtube.com/watch?v=keCwRdbwNQY&feature=youtu.be Kohli, K. A. & Jaworski, J. B.. (1990). Market Orientation: The Construct, Research Propositions and Managerial Implications. Journal of Marketing, 54, 1

-1067. http://dx.doi.org/10.1016/S0014-2921(98)00016-6 Crow, J. W., 1990. Monetary policy and the control of inflation : Central Banking Issues in Emerging Market-Oriented Economies. Dwyer, G. P. J., 1993. Rules and discretion in monetary policy. Federal Reserve Bank of St. Louis Review, may , 3-13. https://pdfs.semanticscholar.org/c74b/176f63992dede97b095703b9795852b66bd0.pdf . Fischer, S., 1990. Rules versus discretion in monetary policy. In B. M. Friedman and F. H. Hahn (Eds.), Handbook of Monetary Economics (pp. 1155-1184). Amsterdam: North-Holland. http