Other publications

Labor market institutions in Montenegro – A barrier to employment?

Authors: Ana Krsmanović
Mateusz Walewski

Published in 2006
Available in English language

Abstract: 

This paper tries to assess whether the mix of labor market regulations and employment polices in Montenegro is able to accelerate the pace of job creation or, on the contrary, it is an impediment to this necessary process.

Download

Potential fiscal costs of the EU accession for Montenegro

Authors: Malgorzata Markiewicz
Ivana Vojinović

Published in 2006
Available in English language

Abstract: 

The paper presents a fiscal estimate of Montenegro’s perspective European Union (EU) membership.

Download

Renewable sources of energy – the chance for Montenegro?

Authors: Nebojša Obradović
Jelena Zvizdojević, MSci
Ivana Vojinović

Published in September 2006
Original title – “Obnovljivi izvori energije – šansa Crne Gore?”
Available in Montenegrin language

Abstract: 

The energy will become the major problem for all the countries in the world in future decades. This paper looks at the strengths and weaknesses of renewable sources of energy and Montenegro’s potential when it comes to them.

Download

 

REGIONAL DEVELOPMENT OF THE MONTENEGRIN GOODS TRADE

Author: Nina Labovic, MSci

Published in November 2004
Original title – “Uravnoteženje bilansa placanja Crne Gore”
Available in English and Montenegrin language

Abstract: 
This paper is related aspects of the further Montenegrin trade integration with the South-Eastern Europe (SEE) countries and the EMU. The main questions here are whether, further European integration of Montenegro may induce an assimilation of trade structures and decrease its goods trade deficit.

REFORMING THE FIRST PILLAR OF PENSION SYSTEM IN MONTENEGRO

Published in May 2004
Original title – “Reforma prvog stuba penzijskog sistema u Crnoj Gori”
Available in Montenegrin language

Abstract: 
This working paper provides and overview of existing functioning of the pension system, why it is unsustainable, reform of the pension system as well as detailed financial analysis of measures introduced by reform.

ENERGY SECTOR IN MONTENEGRO

Author: Milorad Katnic

Published in February 2004
Original title – “Elektroenergetski sistem u Crnoj Gori”
Available in Montenegrin language

Abstract:
An overview of situation in energy sector in Montenegro, especially issues of capacities, capacity utilization, pricing policy, privatization, etc. are discussed in this paper..

ACHIEVING BALANCE OF PAYMENTS EQUILIBRIUM IN MONTENEGRO

Author: Nina Labovic, MSci

Published in November 2003
Original title – “Uravnoteženje bilansa placanja Crne Gore”
Available in Montenegrin language

Abstract:
This paper gives an overview of Montenegrin balance of payments, with proposal of measures aimed for reduction of balance of payments deficit.

TRADE POLICY HARMONIZATION OF BALKANS AND MONTENEGRIN FOREIGN TRADE POLICY DEVELOPMENT

Author: Nina Labovic, MSci

Published in January 2003
Original title – “Sistem nacionalnih racuna – SNA 1993 – osnovna obilježja”
Available in Montenegrin language

Abstract:
The issues of regionalism, regional cooperation, free trade agreements, etc. in the Balkans region, are discussed in this paper. Also special attention is dedicated to Montenegrin foreign trade policy and trade relations to its neighbors.

SYSTEM OF NATIONAL ACCOUNTS – SNA 1993 – BASIC CHARACTERISTICS

Author: Maja Bacovic, MSci

Published in February 2003
Original title – “Sistem nacionalnih racuna – SNA 1993 – osnovna obilježja”
Available in Montenegrin language

Abstract:
Basic concepts and definition of international System of National Accounts are described in this paper. Also, this paper provides an insight in use of national accounts.

IMPLEMENTATION OF INTERNATIONAL STATISTICAL STANDARDS IN MONTENEGRO

Author: Maja Bacovic, MSci

Published in October 2002
Original title – “Implementacije medunarodnih statistickih standarda u Crnoj Gori”
Available in Montenegrin language

Abstract:
Overview of current statistical system in Montenegro, principles, organization and regulative are given in this paper. Also, recommendation for future reform of statistical system is proposed.

BUSINESS CYCLES

Author: Jadranka Kaluderovic, MSci

Published in October 2002
Original title – “Biznis ciklusi”
Available in Montenegrin language

Abstract:
What are business cycles? Do business cycles exist? What causes business cycles? In which form they occur? … These are some of the questions discussed in this working paper.

Download

PENSION REFORM IN MONTENEGRO

Author: Tijana Lekovic, MSci

Published in June 2002
Original title – “Penzijska reforma u Crnoj Gori”
Available in Montenegrin language

Abstract: 
This working paper represents a contribution to the public discussion on pension reform through examining the current, pay-as-you-go system and its consequences, discussing why the second pillar is necessary and covering the procedures involved in introducing a second pillar.

NEW LEGISLATIVE FRAMEWORK IN MONTENEGRO (WITH SPECIAL EMPHASIS ON TAX LAWS)

Authors: Jadranka Kaluderovic, MSci
Nina Labovic, MSci
Tijana Stankovic, MSci
Milorad Katnic

Published in March 2002
Original title – “Novi zakonski okvir u Crnoj Gori (sa posebnim osvrtom na poreske zakone)”
Available in Montenegrin language

Abstract:
An overview of legislative reform in the economy of Montenegro is shown in this paper. Namely, short comments on legislation in following areas are given: privatization, civil society, banking and monetary sector, trade policy and fiscal sector.

Download

VALUE ADDED TAX – VAT VALUE ADDED TAX – VAT

VALUE ADDED TAX – VAT 
Author: Jadranka Kaluderovic, MSci

Published in January 2002
Original title – “Porez na dodatu vrijednost”
Available in Montenegrin language

Abstract: 
The concept of value added tax, basic characteristics as well as rationale for accepting this concept is provided in the working paper. In addition to basic analysis experiences of other countries in implementing this concept is given.

Download

CONCEPTS AND STATISTICAL EVIDENCES OF HUMAN DEVELOPMENT IN MONTENEGRO

Author: Maja Bacovic, MSci

Published in December 2002
Original title – “Koncepti i statisticki pokazatelji humanog razvoja u Crnoj Gori”
Available in Montenegrin language

Abstract: 
The definitions and concepts of human development as well as statistical indicators measuring the level of human development in Montenegro are provided in this working paper.

Download

TAX REFORM IN TRANSITION COUNTRIES

Author: Jadranka Kaluderovic, MSci

Published in January 2002
Original title – “Poreska reforma u zemljama u tranziciji”
Available in Montenegrin language

Abstract:
This paper provides insight in the tax reform process in the transition counties, issues related to the organization of tax administrations, selection of taxes, etc.

Download

LIVING STANDARDS, POVERTY AND INEQUALITY IN MONTENEGRO

Author: Ana Delibašic

Published in November 2002
Original title – “Životni standard, siromaštvo i nejednakost u Crnoj Gori”
Available in Montenegrin language

Abstract:
The trends in household consumption and poverty in Montenegro, as well as analysis of inequality in the period of transition period is given in this paper.

CALCULATION OF GROSS DOMESTIC PRODUCT (GDP) FOR MONTENEGRO

Author: Maja Bacovic, MSci

Published in July 2002
Original title – “Obracun Bruto Domaceg Proizvoda (GDP) za Crnu Goru”
Available in Montenegrin language

Abstract:
This working paper provides insight in the GDP measurement for Montenegro, explaining in details concept of GDP as well as necessary data used for GDP estimation.

THREE SIMPLE PRINCIPLES OF FREE TRADE

Authors: Petar Ivanovic, PhD
Nina Labovic, MSci

Published in July 2002
Original title – “Tri jednostavna principa slobodne trgovine”
Available in Montenegrin language

Abstract: 
This paper argues in favor of free trade by explaining three principles: “Tax on import is also tax on exports”, “Businesses are also consumers”, “Trade imbalances influence capital flows”.

ARGUMENTS FOR FREE TRADE

Author: Nina Labovic, MSci

Published in October 2002
Original title – “Argumenti za slobodnu trgovinu”
Available in Montenegrin language

Abstract: 
Basic idea in this paper is that a small countries, such us Montenegro, have to have free trade in order to their economy grow. This working paper gives an overview of the protective measures in the foreign trade and arguments why such measures do not contribute to development of a country.

INFLUENCE OF CHANGES IN THE AGE STRUCTURE OF MONTENEGRIN POPULATION ON THE PENSION SYSTEM REFORM

Author: Petar Ivanovic, PhD

Published in April 2001
Original title – “Uticaj promjena starosne strukture stanovništva Crne Gore na reformu penzionog sistema”
Available in Montenegrin language

Abstract: 
The main goal of this paper is to show the trends in population ageing in Montenegro, and to obtain clear picture of economic consequences of this process and its connection to necessity of pension system reform.