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Siniša Mali
Siniša Mali ( sr-Cyrl, Синиша Мали, ; born 25 August 1972) is a Serbian economist and politician serving aFirst Deputy Prime minister of Serbiasince 2024 and as minister of finance since 2018. A member of the Serbian Progressive Party (SNS),http://www.b92.net/info/vesti/index.php?yyyy=2017&mm=11&dd=18&nav_category=11&nav_id=1326844 Ničić već stigao do Predsedništva, izabrani i Mali i Vesić he previously served as mayor of Belgrade from 2014 to 2018, and as the president of the Temporary Council of Belgrade from 2013 to 2014. Following the dismissal of Rade Basta in June 2023, he also served as acting minister of economy. The discovery of plagiarism in Mali's doctoral dissertation was one of the triggers for the anti-government protests leading to the 12-day students' blockade of the university's main building and the decision of the University of Belgrade to revoke his doctorate. Believing that his doctorate was unjustly revoked, Mali initiated court proceedin ...
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Deputy Prime Minister Of Serbia
The Deputy Prime Minister of Serbia (, literally translated as Vice President of the Government of Serbia), is the official Deputy prime minister, Deputy of the Prime Minister of Serbia, Prime Minister of Serbia. According to convention, one deputy position is allocated to each junior partner in the Coalition government, ruling coalition, being ranked according to the size of their respective parties. History of the office The office of the Deputy Prime Minister of Serbia was established on 11 February 1991, during the government of Dragutin Zelenović. It was initially held by four people: Slobodan Prohaska, Velimir Radivojević, Nikola Stanić and Jovan Zebić. Since then, the office was usually held simultaneously by several people at the same time (in the government of Zoran Đinđić there were eight Deputy Prime Ministers at one point). Also, Deputy Prime Ministers may or may not combine the post with another government portfolio. The current Deputy Prime Ministers, by d ...
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Socialist Federal Republic Of Yugoslavia
The Socialist Federal Republic of Yugoslavia (commonly abbreviated as SFRY or SFR Yugoslavia), known from 1945 to 1963 as the Federal People's Republic of Yugoslavia, commonly referred to as Socialist Yugoslavia or simply Yugoslavia, was a country in Central Europe, Central and Southeast Europe. It was established in 1945, following World War II, and lasted until 1992, breakup of Yugoslavia, dissolving amid the onset of the Yugoslav Wars. Spanning an area of in the Balkans, Yugoslavia was bordered by the Adriatic Sea and Italy to the west, Austria and Hungarian People's Republic, Hungary to the north, People's Republic of Bulgaria, Bulgaria and Socialist Republic of Romania, Romania to the east, and People's Socialist Republic of Albania, Albania and Greece to the south. It was a One-party state, one-party socialist state and federation governed by the League of Communists of Yugoslavia, and had six constituent republics: Socialist Republic of Bosnia and Herzegovina, Bosnia and Her ...
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Financial Services
Financial services are service (economics), economic services tied to finance provided by financial institutions. Financial services encompass a broad range of tertiary sector of the economy, service sector activities, especially as concerns financial management and consumer finance. The finance industry in its most common sense concerns commercial banks that provide market liquidity, derivative (finance), risk instruments, and broker, brokerage for large public company, public companies and multinational corporations at a macroeconomics, macroeconomic scale that impacts domestic politics and foreign relations. The extragovernmental power and scale of the finance industry remains an ongoing controversy in many industrialized Western economies, as seen in the American Occupy Wall Street civil protest movement of 2011. Styles of financial institution include credit union, bank, savings and loan association, trust company, building society, brokerage firm, payment processor, many ty ...
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Private Sector
The private sector is the part of the economy which is owned by private groups, usually as a means of establishment for profit or non profit, rather than being owned by the government. Employment The private sector employs most of the workforce in some countries. In private sector, activities are guided by the motive to earn money, i.e. operate by capitalist standards. A 2013 study by the International Finance Corporation (part of the World Bank Group) identified that 90 percent of jobs in developing countries are in the private sector. Diversification In free enterprise countries, such as the United States, the private sector is wider, and the state places fewer constraints on firms. In countries with more government authority, such as China, the public sector makes up most of the economy. Regulation States legally regulate the private sector. Businesses operating within a country must comply with the laws in that country. In some cases, usually involving multinati ...
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Financial Adviser
A financial adviser or financial advisor is a professional who provides financial services to clients based on their financial situation. In many countries, financial advisors must complete specific training and be registered with a regulatory body in order to provide advice. Relationships between clients and financial advisors can be characterized by principal-agent problems, as financial advisors may possess information and conflicts of interest that lead to dishonest advice and misconduct. Role Financial advisers typically provide financial products and services, depending on the qualification examinations they hold and the training they have. Financial advisers are registered, not licensed. For example, a licensed insurance agent may be qualified to sell both life insurance and variable annuities, because the insurance agent holds an insurance license and holds the Series 7 qualification examination. A broker (Series 7) may also be a financial planner. Any advisor can say ...
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Corporate Finance
Corporate finance is an area of finance that deals with the sources of funding, and the capital structure of businesses, the actions that managers take to increase the Value investing, value of the firm to the shareholders, and the tools and analysis used to allocate financial resources. The primary goal of corporate finance is to Shareholder value, maximize or increase valuation (finance), shareholder value.SeCorporate Finance: First Principles Aswath Damodaran, New York University's Stern School of Business Correspondingly, corporate finance comprises two main sub-disciplines. Capital budgeting is concerned with the setting of criteria about which value-adding Project#Corporate finance, projects should receive investment funding, and whether to finance that investment with ownership equity, equity or debt capital. Working capital management is the management of the company's monetary funds that deal with the short-term operating balance of current assets and Current liability, cu ...
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Master Of Business Administration
A Master of Business Administration (MBA) is a professional degree focused on business administration. The core courses in an MBA program cover various areas of business administration; elective courses may allow further study in a particular area but an MBA is normally intended to be a general program. It originated in the United States in the early 20th century when the country industrialized and companies sought scientific management. MBA programs in the United States typically require completing about forty to sixty semester credit hours, much higher than the thirty semester credit hours typically required for other US master's degrees that cover some of the same material. The UK-based Association of MBAs accreditation requires "the equivalent of at least 1,800 hours of learning effort", equivalent to 45 US semester credit hours or 90 European ECTS credits, the same as a standard UK master's degree. Accreditation bodies for business schools and MBA programs ensure cons ...
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University Of Belgrade
The University of Belgrade () is a public university, public research university in Belgrade, Serbia. It is the oldest and largest modern university in Serbia. Founded in 1808 as the Belgrade Higher School in revolutionary Serbia, by 1838 it merged with the Kragujevac-based departments into a single university. The university has around 59,600 enrolled students and over 4,600 academic staff members. Since its founding, the university has educated more than 378,000 Bachelor's degree, bachelors, around 25,100 Magister (degree), magisters, 29,000 Specialist degree, specialists and 14,670 Doctorate, doctors. The university comprises 31 faculties, 12 research institutes, the Belgrade University Library, university library, and 9 university centres. The faculties are organized into four groups: social sciences and humanities; medical sciences; natural sciences and mathematics; and technological sciences. History 19th century The University of Belgrade was established in 1808 as the ...
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2018–2020 Serbian Protests
In late 2018, a series of largely peaceful protests (called Stop Bloody Shirts, ; or One of Five Million, 1 of 5 Million, #1of5million, ) over the rise of political violence and against the authoritarian rule of Serbian President Aleksandar Vučić and his governing Serbian Progressive Party (SNS) began to take place in the Serbian capital of Belgrade, soon spreading to cities across the country, as well as in cities with the Serbian diaspora. The demonstrations have lasted more than a year and they become the most prolonged mass anti-government demonstrations in Serbia since the time of the Bulldozer Revolution and some of the longest-running in Europe. The protests were precipitated by an assault on an opposition non-parliamentary politician Borko Stefanović in November 2018. The protests were also triggered by many scandals of ruling party members, such as sexual harassment at work, assaults on investigative journalists, a plagiarism scandal, the arrest of whistleblower who ...
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Siniša Mali Plagiarism Scandal
Siniša Mali plagiarism scandal refers to the political scandal in Serbia which led to the 2019 annulment of the 2013 doctoral dissertation of economist and politician Siniša Mali by the Belgrade University. After the first plagiarism claims in 2014, the process spanned for over five years, during which Mali progressed from the position of mayor of Belgrade to the office of the finance minister in the Serbian government, and became a member of the ruling Serbian Progressive Party (SNS). In May 2024 Mali becamFirst Deputy Prime Minister of The Republic of Serbia Also, after all the events with his previous PhD, Mali enrolled in doctoral studies at the Technical University in Košice, Slovakia, where he attended the "Finance" study programme. In June 2023, he defended his PhD thesis entitled “The Flypaper Effect in the Republic of Serbia”, so he is awarded the academic degree o"Philosophiae doctor" (PhD). Mali said that the subject of his work waThe flypaper effect (FPE)in the R ...
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Mayor Of Belgrade
The mayor of Belgrade () is the head of the City of Belgrade (the Capital city, capital and List of cities in Serbia, largest city of Serbia). The mayor acts on behalf of the city, and performs an Executive (government), executive function in the City of Belgrade. The position is important as the city is the most important hub of Economy of Serbia, economy, Culture of Serbia, culture, :Science and technology in Serbia, science and technology in Serbia. The current mayor of Belgrade is Aleksandar Šapić of the Serbian Progressive Party, elected after the 2024 Belgrade City Assembly election, 2024 City Assembly election. Office According to the current legislation, the mayor is elected along with members of the City Assembly of Belgrade, City Assembly at the direct secret ballot for the period of four years. The mayor may not be a councilor of the City Assembly. The mayor has a deputy who replaces him or her in case of an extended absence and/or due to any other reasons that ...
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Serbian Progressive Party
The Serbian Progressive Party (, SNS) is a major populist, catch-all party, catch-all List of political parties in Serbia, political party in Serbia. It has been the Ruling party, ruling party since 2012. Miloš Vučević, the former prime minister of Serbia, has served as its president since 2023. Founded by Tomislav Nikolić and Aleksandar Vučić in 2008 as a split from the Serbian Radical Party, SNS served in opposition to the Democratic Party (Serbia), Democratic Party until 2012. SNS gained prominence and became the largest opposition party due to their anti-corruption platform and the protests in 2011 at which they demanded early elections. In 2012, Nikolić 2012 Serbian presidential election, was elected president of Serbia and succeeded by Vučić as president of SNS. A coalition government led by SNS and Socialist Party of Serbia (SPS) was also formed. Vučić became prime minister in 2014 Serbian parliamentary election, 2014 while SNS became the largest party in Bel ...
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