EDITORIAL

• Published in: Ekonomski horizonti Vol. 19; no. 1; p. 1
• Main Author: Petrovic, Slavica P
• Format: Journal Article
• Language: English
• Published: Kragujevac Faculty of Economics - University of Kragujevac 01.01.2017
• Subjects: Accounting; Economic growth; Economic structure; Ethnocentrism; Fair value; GDP; Gross Domestic Product; Paternalism; Patriotism; Rule of origin
• ISSN: 1450-863X; 2217-9232
• DOI: 10.5937/ekonhor1701001P

Through a research process, by using the corresponding research instruments (a personal interview, a reliability analysis, a confirmatory factor analysis, the structural equation model, the paired t-test), it has been confirmed that the animosity of the RS's citizens towards the EU affects their orientation towards buying domestic products that the patriotism of the RS's citizens has a positive statistically significant impact on the overall level of consumer ethnocentrism, too, and that their patriotism has a stronger impact on consumer ethnocentrism in relation to the animosity against the EU. Relying on the appropriate conceptual framework for financial reporting and the conceptual basis of fair value accounting, Jatinder P. Singh theoretically considers some significant and controversial issues concerning 'Fair value': 'Exit' versus 'Entry' Value, and Income: Hicksian Income versus Fisherian Income. Through a research process, a fact was established that in the FYR of Macedonia in the considered period, living expenses have been permanently increased, the unemployment rate has been high in relation to the countries of the European Union and the average minimum wages paid in the region have been the lowest, which contributes to profound poverty in the country.