Institute Publications


Statistical methodology for measuring global interdependencies

Author: Gordana Radojević
(Original title “Statistička metodologija mjerenja globalnih međuzavisnosti”)
Published in 2016
Available in Montenegrin language.

The book “Statistical methodology for measuring global interdependencies" represents the doctoral thesis of Gordana Radojevic, which was defended in December 2016 at the doctoral studies "International Economy" at the Faculty of International Economics, Finance and Business, University of Donja Gorica. Globalization, along with the increasingly rapid development of information and communication technology, has increased the intensity of interdependence, both in the economy of one country and between the economies of several countries. The power of multinational companies has grown significantly. The displacement of certain stages of production by multinational companies around the world caused new types of technological interconnection and created difficult "to grasp" processes and relationships in production, foreign trade and consumption. The contemporary level of interdependence has created a number of problems: How to manage the national economy when it is increasingly dependent on the international environment? How to manage money supply? How to attract international sources of capital? How to define fiscal policy? How to reduce public spending? The limited power of national states in solving the mentioned problems created the need to create a supranational, that is, a global policy.

Publication can be downloaded by clicking on this link.

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