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Aleksandar Erceg, Predrag Dotlić and Monika Mikuš

context perspectives on learning and knowledge creation in quality management, Journal of Operations Management, 25 (4): 918–931. Comoglio, C., Botta, S. (2012) The use of indicators and the role of environmental management systems for environmental performances improvement: a survey on ISO 14001 certified companies in the automotive sector, Journal of Cleaner Production, 20 (1): 92-102. Dabić, M., Orac, M., Tugrul, U. D. (2016) Targeting sustainable competitiveness in Croatia by the implementation of “20 Keys” methodology, Journal of Innovation and

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Central European Economic Journal

13 points in the Ministry of Science and Higher Education journal rating scale

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Aleksandar Stojanović

Summary

The relative level of fiscal revenue in relation to the total aggregate domestic product or national income is a central indicator to be established in the national economy. This indicator is the “tax ratio”. The tendency of almost every economic and especially fiscal policy is that this indicator expresses the optimal ratio between the part of the domestic product or national income, which is intended to be used for the settlement of public needs and the general economic aggregate of the latter economic categories. Its special importance lies in the design concept of medium-term or long-term social and economic development. It is necessary to determine the framework of the global distribution of the domestic product or national income, which is acceptable, on the one hand, from the perspective of a balanced and stable economic growth, and on the other hand, from the standpoint of balancing interests of all social structures of modern mixed societies.

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Verka Jovanović and Slađana Vukasović

). Quantitative tourism industry analysis: Introduction to input-output, social accounting ma-trix modeling, and Tourism Satelitte Accounts. Oxford: Butterworth-Heinemann. United Nations, & World Tourism Organization. (2010). International recommendations for tourism statistics 2008. New York: United Nations. United Nations. (2009). System of National Accounts 2008. New York: United Nations. Retrieved March 13, 2014, from http://unstats.un.org/unsd/nationalaccount/docs/ SNA2008.pdf. United Nations. (2011). Tourism Satellite Account: Recom-mended Methodological

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Martin Hrabal, Lukáš Trčka and David Tuček

.1080/00207540902796008. Nesheim, T. (2011). Balancing process ownership and line management in a matrix-like organization. Knowledge and process management: the journal of corporate transformation, 18(2), 109-119. DOI: 10.1002/kpm.377 Panagacos, T. (2012). The Ultimate guide to business process management. USA: [Place of publication not identified]. Popesko, B. (2010) Activity-based costing application methodology for manufacturing industries. E+M: Ekonomie a management. 13(1), 103-114. Power, B. (2011). "Where have all the process owners gone", HBR Blog Network

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Oliver Kesar and Katarina Čuić

. Lovrinčević, Ž., Marić, Z. & Mikulić, D. (2006), Maastricht Criteria and the Inclusion of the Underground Economy - the Case of Croatia (in Croatian). Privredna kretanja i ekonomska politika, 16(106), 30-65. URL: http://hrcak.srce.hr/file/28742 Lovrinčević, Ž., Mikulić, D. & Nikšić-Paulić, B. (2002). Estimate of the Underground Economy in Croatia in the Period 1998-1999 According to the Eurostat Methodology (in Croatian). Economic Trends and Economic Policy, 11(89), 76-121. URL: http://hrcak.srce.hr/file/29179 Madžarević-Šujster, S. & Mikulić

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Radoslav Avlijaš, Goran Avlijaš and Milenko Heleta

.1225/F0309C. Flyvbjerg, B., Holm, M.S., & Buhl, S. (2002). Underestimating costs in public works projects: Error or lie. Journal of the American Planning Association, 68(3), 279-295. doi:10.1080/01944360208976273. Kim, E., Wells, W.G., & Duff ey, M.R. (2003). A model for eff ective implementation of Earned Value Management methodology. International Journal of Project Management, 21(5), 375-382. doi: 10.1016/j.ijproman.2005.11.010. Kwak, Y.H., & Anbari, F.T. (2012). History, practices, and future of earned value

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Danie Francois Meyer, Chama Chipeta and Richard Thabang Mc Camel

inflation targeting. Project Syndicate. Available online at: http://www.project-syndicate.org/commentary/stiglitz99 Achen, C. (2001) Why lagged dependent variables can suppress the explanatory power of independent variables. Paper presented at the annual meeting of the political methodology section of the American political science association, UCLA, 20-22 July 2000. Ahiakpor, J.C. (2009) The Phillips Curve Analysis: An Illustration of the Classical Forced-Saving Doctrine. Journal of the History of Economic Thought , 31(2), 143-160. Ahmed, S., Mortaza

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Adina Dornean and Dumitru-Cristian Oanea

Abstract

Few studies have investigated the relationship between the 2008 global financial and economic crisis and foreign direct investments (FDI) flows. This paper aims to analyze empirically this relationship for Central and Eastern European (CEE) countries. The crisis had a major impact on capital flows to the region, although the magnitude of the impact differed notably, depending on specific characteristics of the host country. In order to highlight this, we use a multivariate regression model based on dynamic panel data methodology, which will help us in analyzing also the significant factors affecting the evolution of FDI in the CEE countries during the period 2000-2013.