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ISSN – 2232-8742 REGIONAL SCIENCE CONFERENCE WITH INTERNATIONAL PARTICIPATION WITH THE THEME EFFECTS OF GLOBAL RISK IN TRANSITION COUNTRIES How the best practices can help transition countries to face the effects of the global risk? PROCEEDINGS MAY 30, 2013 PEJA, REPUBLIC OF KOSOVA YEAR 3, NO. 3

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Effects of global risk in transition countries

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ISSN – 2232-8742

REGIONAL SCIENCE CONFERENCE WITH INTERNATIONAL PARTICIPATION WITH THE THEME

EFFECTS OF GLOBAL RISK IN TRANSITION COUNTRIES How the best practices can help transition countries to face the effects of the global risk?

PROCEEDINGS

MAY 30, 2013 PEJA, REPUBLIC OF KOSOVA

YEAR 3, NO. 3

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EDITORAL BOARD – ORGANZING COMMITTEE

1. DR. ARMAND KRASNIQI, 2. DR. HALID KURTOVIC 3. DR. EDMOND BEQIRI 4. DR. ADRIAN CIVICI 5. DR. BAKIR KELMENDI 6. DR. FEJZULLA BERISHA 7. DR. ISMAJL CACAJ 8. DR. ESAD DAUTI 9. DR. ZLATAN MESKIC 10. DR. C. SOKOL DOMNIKU 11. DR. ELEZ OSMANI 12. DR. FETAH REÇICA 13. DR. SEFER MEDJEDOVIC 14. DR. NAZMI MALIQI

Publisher: UNIVERSITY “HAXHI ZEKA” Str. Eliot Engel no.0 3000 Peje Republic of Kosova & UNIVERSITY OF ZENICA Pravni fakultet Univerziteta u Zenici Fakultetska 3 72000 Zenica Bosna i Hercegovina & EUROPEAN COLLEGE DUKAGJINI (EUD) Str. Wesley Clark p.n 30000 Peja Republic of Kosova & EUROPEAN UNIVERSITY OF TIRANA St "Gjergj Fishta", 1023, Tiranë, Albania Technical Assitance: Adnan Lataj

ISSUE: 500 COPY, PRINT: “DUKAGJINI”-PEJË COPYRIGHT © 2013 ISSN 2232-8742 (NACIONAL AND UNIVERSITY LIBRARY OF BOSNIA AND HERZEGOVINA)

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CONTENS

CONTENS ....................................................................................................................................................................... 7 AÇKA Shqiponjë - Technological development and success application of e-commerce – Can be technology the only factor of success? ................................................................................................................................................. 11 ADROVIĆ Senad - Foreign direct investment in countries in transition ................................................................. 17 AHMETI Mirlinda & MORINA Shukrie - Performance audit and its role in Public sector- Republic of Kosovo ............ 21 AJDARPAŠIĆ Suada & CUCOVIĆ Anita – INTEGRATIONS EU crisis and the impact on the Western Balkans ............... 27 AJETI Mensur & HASANI Egzona & MORINA Fatlind - Implementation of accounting standards: effects on business activities in Kosova ........................................................................................................................................ 33 ALIU Armend & LUBOTENI Gazmend - CBK (Central Bank of Kosovo) and its Impact on Banking and Financial Sector ........................................................................................................................................................................... 39 ALIU Blerta - Global effects for employees’ rights in Albania, from the perspective of corporate governance ..... 45 ALLMUÇA RAMALLARI Alba & RAMALLARI Gentjan - Budget deficit, exchange rates and inflation. .......................... 49 ARAPI Rajan - Product promotion - selection and media planning ............................................................................ 53 AZEMOVIĆ Rešad & NUKOVIĆ Mirsad - The situation and perspectives of serbian insurance market in relation to the global world insurance market ......................................................................................................................... 59 BAJÇINCA Enver - The challenges of financing small and medium enterprises in Kosovo .......................................... 65 BALA Adisa (MPA) & ALIBALI Rozafa - The impact of new public management in public administration reform of albania ..................................................................................................................................................................... 75 BEGOLLI DAUTI Merita - Tourism, the living environment and the national heritage are the priorities for an economical Kosovar development. ............................................................................................................................. 81 BELEGU Faruk - Methods and practices of managing the human resources related of property rights, externalities and environmental problems ................................................................................................................. 87 BEQIRI Edmond & BEQIRI Lavdim - Optimal Model for Implementation Cycle of Computer Networks ..................... 93 BEQIRI Genc - The impact of database processing and networking in the periodic balance of company in transition countries ..................................................................................................................................................... 99 BEQIRI Theranda European Union’s Gender Policies applied to Transition Countries .............................................. 105 BEQIRAJ Metë & BREGASI Magdalena & HYSENI Bahri - QUALITY OF CORPORATE GOVERNANCE: THE CASE OF KOSOVO ENERGY CORPORATION (KEK J.S.C.) ........................................................................................................... 109 BERBERI (MIRASHI) Alba & BEJLERI (MEMA) Emirjeta & CURCIJA Mario - Human resource as a determinant of Foreign Direct Investments (FDI) ............................................................................................................................... 119 BERISHA - SHAQIRI Afërdita - Information technology and competitiveness of smes in Kosovo .............................. 125 BICAJ Arberore - Adult Education and Teacher Qualification Program, the best practice to avoid global risk ......... 129 BICOKU Jonida & HAJDARI Suela - Statistics and its role in socio – economic developments .................................. 133 BROKAJ Rezarta & VELA Fioralba - Role of smes in the tourism industry. The case of Albania ................................ 139 CARABREGU Mjellma & DEDAJ But - Good practice of curriculum development at the University of Prishtina (UP), Kosovo .............................................................................................................................................................. 145 CEKA Jonka - Security implications of climate change in the mediterranean and eu policy response ..................... 149 CEKO Enriko - Achieving competitive advantage of Albanians in the Balkan region ................................................. 155 CEKO Enriko - SME’s role on economic development of Albania and their problems during 2000 - 2012 ............... 161 CIRIKOVIĆ Elida - Business Process Reengineering( BPR) .......................................................................................... 167 DALIPI Fisnik & NINKA Ilia - Comparing the performance of index based searching and ontology based application of OLAP for information retrieval ........................................................................................................... 173 DOMNIKU Sokol - Values of effective leadership in organization and scale of its appliance in Kosovo’s SME ......... 179 ERBAŞ İsa - Cultural Diversity..................................................................................................................................... 185 FILIPI Gjergj & POLO Elena - Economics of welfare – a missed discussion during our transition path ..................... 191 GAZIDEDJA Alkelina - On the organization and functioning of administrative courts and administrative dispute ... 199 GJINOVCI Arsim - The influence of macroeconomic policies and the role of humanresource in development of sme: In focus of the studies are the public and private enterprises in Kosovo ......................................................... 205 GOVORI Arbiana - Analysis of external factors affecting the development of SMEs in Kosovo ................................ 211 GOVORI Fadil - The performance of commercial banks and the financial soundness indicators – Evidence from Kosovo ....................................................................................................................................................................... 219 HAJDARI Vjosa & KRASNIQI Musa - Effects of global risk in the bank system, on transition countries particularly in Kosovo ................................................................................................................................................................... 227 HASANI Skender - The impact of sme in easing of the effects of global crisis in countires in transitation ............... 231 HASNEZIRI Luan - Albania in the face of globalization risks....................................................................................... 237

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HUSAJ Shqipe - Teaching foreign languages in higher education accelerates Integration in the EU ...................... 245 HYSENI Bahri & BREGASI Magdalena & BEQIRAJ Metë - Financial performance of public enterprises in Kosovo .... 249 IDRIZI Bashkim & ZHAKU Sali - Developing of gis dataset for conservation of the ohrid lake watershed area ........ 253 IDRIZI Florim & NINKA Ilia - Applying LabView for analysing some cryptographic algorithms in terms of security enhancement of electronic transactions ................................................................................................................... 259 KADUKU Ilir & BEQIRI Gonxhe - Use of modern information technologies to promote online marketing ............... 265 KALAČ Bećir & BEĆIROVIĆ Suad & PLOJOVIĆ Šemsudin - The role of financial intermediaries in equity markets .... 273 KALAČ Ruždija - Cross-border cooperation between municipalities and Rožaje and Peja as an opportunity for strengthening competitiveness of small and medium enterprises ........................................................................... 279 KASTRATI (KULLOLLI) Albana & TUFI (HETA Kleida) - Online tax declaring of small businesses in Shkodra. Its advantages and disadvantages .................................................................................................................................. 289 KELMENDI Besim - Trafficking of human beings in the times of globalisation Special overview for Kosovo ........... 295 KINKA (PULTI Aurora) & DRAGUSHA (SPAHIA) Blerta & LUKA Senada - Local Government's Management ............ 303 KLOSI Dorina & LLESHI Ermira - The role of SME (Small and Medium Enterprises) in Albania's economic development, legal and financial problems. ............................................................................................................. 309 KOLA Fleura & ÇELA Ervis - European company law .................................................................................................. 317 KRASNIQI Armand - The Permanent Arbitration Tribunal role in the resolution of foreign trade disputes and in enhancing the international businesses transaction security in the Republic of Kosovo ......................................... 325 KRASNIQI Armand & ZALLQI ZHARA Myhybije - Membership and reports of Kosovo with imf ................................ 331 KRYEZIU Teuta - Interior environment, financial analysis in determining the local public enterprise “Ambienti” JSC Peja ..................................................................................................................................................................... 337 KURTOVIĆ Halid - Strengthening the role of local government in the conduct of economic policy in Bosnia and Herzegovina ............................................................................................................................................................... 343 LLATJA Adela & BAKLLAMAJA Arben - Informal economy, a realty widely accepted or an “enemy” to the economy? .................................................................................................................................................................. 353 MOLLA (BEQIRI Fatbardha) & BUSHATI Brilanda & OSMANI Elez - Financial analysis in measuring risk of return key sectors in Shkodra region .................................................................................................................................... 359 MONE Klajdi - The impact of the constitutional law system in the development of the political parties ................. 363 MORINA Shukrie & AHMETI Mirlinda & XHELILI Nermin - Tax control as a mechanism for prevention of fiscal evasion in Kosovo ...................................................................................................................................................... 369 MUAREMI Lindita & ADEMI Kajdafe - The effects of global crisis on Macedonia ..................................................... 377 MUSTAFARAJ Borana - The creation of a future real estate object, roblems and judicial practices ......................... 383 NANO Dorjana - Major Differences in Financial Literacy among Albanian University Students ............................... 389 NAZAJ Sofika - Adverse efects of banking competition in Albania ............................................................................ 395 NEZIRAJ Emin - Human resource development and bank efficiency Regarding with training development process and human performance in Kosovo Banks ................................................................................................... 399 NIMANI Artan & ZEQIRAJ Valbona & SEJDIU Sherif - Price movement impact in applying VAT in Kosova .............. 409 NURBOJA Reshat - Policy and drugs Kosovo case ...................................................................................................... 415 ORİOYE John Oyetakin - Macroeconomic Policies ..................................................................................................... 425 OSMANI Afrim - Computer crime (cybercrime), as a global risk facing states in transition, and wider .................... 429 PETRAJ Ina – Insurance market in Albania ................................................................................................................. 439 POLENA Viorela & PRENDI Alma - The modernization process in Albania: education and the political stability of the country ................................................................................................................................................................ 445 PULA Fellanze & QOSJA Ermira - Business oriented to women and her impact on global economy ...................... 453 QOKU Maks & HYSI Eris - Interaction of the subsidiary and proportionality principles in european union law ....... 457 REÇICA Fetah & MILLAKU Bedri - Situation and perspective of hotels development in Republic of Kosovo ............ 471 SADRIJA (LATIFI) Thëllëza & KALAC Mersiha - Human Resource Model in Kosovo businesses ................................. 475 SCHNEIDER Henrique - Deforestation: Risk for the Climate – Chance for Kosova? .................................................. 481 SEJFIJAJ Osman & JAHMURATAJ Veton - The decision making process and the information technology at state institutions ................................................................................................................................................................. 491 SELIMAJ Afrim & MILLAKU Bedri - Tourism potential and the importance of investment in Tourism of the Republic of Kosovo .................................................................................................................................................... 497 SELMANMUSA Arta - The impact of education and training of employees on their performance in the banking sector, “Case study in Raiffeisen Bank” ..................................................................................................................... 501 SHEHU – LOKAJ Alma - Human resources – company’s success and failure ............................................................ 509

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SHEHU Diana & SHEHU Albana & MURATI Skender & SOTIRI Valbona - The process of integration into the European Union, the problems and challenges for the future .................................................................................. 513 SINA Darjel & XHAFAJ Pranvera - The relationships between Albania and european union .................................... 515 SMAJLI Remzi - Reflections of tax policy for Kosovo's integration into global circle. ............................................... 523 SOTIRI Valbona & SHEHU Diana & OSMANI Elez - Documentary credits and the necessity of recognition of some legal and financial aspects in their use of the Albanian traders ................................................................................ 527 SULEJMANI Metush - The sociological aspect of the migration of Macedonian Albanians as one of the effects of the global risk ............................................................................................................................................................ 533 SYLQA Driton & KELMENDI Venera - The economic policy trends in Kosovo, challenges and growth ..................... 537 TASE Mirela - Tourist potential offered by coastal areas of the delta of Buna until Rodoni first geographic view .. 545 THANASI Teuta - The shrinking remittances from Albanian migrants and the special Greek case ........................... 549 TOMJA Alida - Dilemma: Americanization or Globalization ...................................................................................... 557 TUFI HETA Kleida & KASTRATI Albana & SARAÇI Peter - The exposure of construction firms in Shkodra region to the exchange rate risk and its hedging ...................................................................................................................... 563 UKAJ Fatos - Promotion and Integrated Marketing Communication as a process With influence in Consumer Behavior ..................................................................................................................................................................... 569 VELA Fioralba & BROKAJ Rezarta - Managing hospitality through ICT services. Case of Albanian tourism industry 575 ZEKAJ Besnik - Financial Environment in Kosovo Case Study of Commercial Banks and Financial Organizations .... 581 ZHAKU Sali & ISMAILI Raman & IDRIZI Bashkim - Tourism potential of Prespa as an opportunity for investment .. 587 ZHAKU-KNDRI Besarta - Changes in Educational System: Assessment and its Effect in Students’ Success and Motivation ................................................................................................................................................................. 593 ZOGU Nevruz & REZNIQI Shpetim - Globalization and global threats: Challenges for the 21st century pandemics management ............................................................................................................................................................. 595

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