Subtle world: Beyond sustainability, beyond information

A number of authors have examined the relationship between sustainability and information technology, most acknowledging that the connection is complex and problematic. In this essay, we revisit aspects of the debate and explore the relationship between sustainability and information at a fundamental level. We argue that the connection should be approached with caution and skepticism since it does little to address or edify the challenges of the ecological crisis. We conclude by exploring the shapes of a different, and hopefully more productive, kind of discourse.     

On the formal definition of the systems’ interoperability capability: an anthropomorphic approach

The extended view of enterprise information systems in the Internet of Things (IoT) introduces additional complexity to the interoperability problems. In response to this, the problem of systems’ interoperability is revisited by taking into the account the different aspects of philosophy, psychology, linguistics and artificial intelligence, namely by analysing the potential analogies between the processes of human and system communication. Then, the capability to interoperate as a property of the system, is defined as a complex ability to seamlessly sense and perceive a stimulus from its environment (assumingly, a message from any other system), make an informed decision about this perception and consequently, articulate a meaningful and useful action or response, based on this decision. Although this capability is defined on the basis of the existing interoperability theories, the proposed approach to its definition excludes the assumption on the awareness of co-existence of two interoperating systems. Thus, it establishes the links between the research of interoperability of systems and intelligent software agents, as one of the systems’ digital identities.     

Application of International Financial Reporting Standards in the Transition Economy of Serbia

This paper explores the attitudes of the preparers of financial statements in the emerging economy of Serbia towards International Financial Reporting Standards (IFRS). Our research shows that preparers are mainly satisfied with the quality of IFRS and the environment for IFRS application in Serbia and that they generally support the process of global convergence of financial reporting standards. Nevertheless, we find that there is a need to improve the environment for IFRS application in Serbia, and we identify areas that financial reporting regulators in emerging economies should address when attempting to improve the environment for IFRS application. Our research also shows that perceived IFRS quality is dependent on the preparer's experience in applying IFRS and his or her perceptions of the environment in which IFRS are applied. Perceived IFRS quality and attitudes towards the compatibility between IFRS and the environment for application of IFRS affect the level of support for the global convergence of financial reporting standards.     

Paths of the Weberian–Austrian Interconnection

This paper centers on the theoretical–methodological interconnections between Weber and the Austrian economists. First, the influence of classical Austrian economics, especially Menger and Böhm-Bawerk, on Weber is reexamined. Then we are concerned with the importance of Weber's ideas in neoclassical Austrian economics, including Schumpeter, Mises and Hayek. Also, Weber's legacy in modern economics is reconsidered. Since little research is done on these interconnections between Weber's sociology and Austrian economics, the paper thereby contributes toward spanning a gap in the present economic and sociological literature.     

Spillover effects of a minimum wage increase – evidence from Slovenia

This article Analysis the effects of a large increase in Slovenia’s minimum wage in March 2010 on the wage distribution using an administrative matched employer–employee panel database. We find that the minimum wage hike increased the concentration of low-paid workers, creating a much more pronounced spike at the minimum, particularly in market services, and for the young, the least educated and those with the least work experience. Our analysis also shows that the March 2010 minimum wage increase also produced sizeable spillover effects. The spillover effects were higher among young and older workers, especially for wage levels near the new minimum wage. The results are based on a difference-in-differences approach comparing changes in wages during the control and treatment periods as experienced by workers in the wage group immediately above the level of the new minimum wage and workers in wage groups higher up in the wage distribution.     

Analysis,modeling, and assessing performances of supply chains served by long-distance freight transport corridors

This article deals with an analysis, modeling, and assessing performances of supply chains served by long-distance intercontinental intermodal rail/road- and sea-shipping freight transport corridor(s). For such a purpose, the supply chains are defined and the methodology for assessing their performances under given conditions is developed. The methodology consists of the analytical models of indicators of the operational, economic, environmental and social performances of particular corridors and corresponding supply chains assumed to be dependent on the infrastructural and technical/technological capabilities. The models of particular indicators have been applied according to “what-if” scenario approach to assessing performances of the long-distance intercontinental inland and maritime freight transport corridors spreading between China and Europe in the scope of the “Silk Road Economic Belt” and “A New Maritime Silk Road” policy initiative. The results prove that the intermodal inland rail/road alternative could act as a serious competitive alternative to its maritime deep-sea counterpart under given conditions. Nevertheless, in order to realize the opportunities, large investments in the inland rail/road infrastructure are required to appropriately connect China with Europe.     

Toward the crisis: a Kaleckian-Keynesian interpretation of the instability of growth and capital accumulation in Brazil

This article examines theoretically and empirically the instability of Brazilian investment and growth for the past couple of decades, highlighting the evolution that led to the current crisis. A theoretical discussion highlights the importance of Kaleckian and Keynesian approaches in understanding the semi-stagnation of the Brazilian economy since the 1990s. Empirical evidence shows that investment has increased until 2013, but not to the point of getting the economy back on the track of high growth rates and higher investment-GDP ratios. The econometric findings are compatible with the theoretical underpinnings of investment activity based on Keynes and Kalecki and suggest the existence of room for activist policies in Brazil in order to stimulate economic activity.     

Inaudible Noise: Belgrade’s Academy Club: Legacy,Old Locals and New Spaces

Abstract

This text deals with the transformation of spaces for ‘underground’ forms of leisure in Belgrade, Serbia. In these spaces, different styles of non‐mainstream music are enjoyed by disparate social groups, referred to here as ‘the underground scene’. The spatial and stylistic transformation of venues for ‘creative leisure’ in Belgrade is read in this article as an articulation of discourse. Fragmentation of music consumption is arguably a global trend acknowledged in many treatises. Discourses within the multifaceted Belgrade underground music scene seem to correspond to such fragmentation. In this case it was found that the development of such identity practices depends on the articulation of concrete social factors and constraints. This paper focuses on the Academy nightclub, its transformations and long‐term impact on the Belgrade scene, including the emergence of other venues that have superseded, but have not fully surpassed, this seminal space.     

Latent Theoretical Convergence upon a Pluralist Conception of Economic Action: Adam Smith and Max Weber

This paper engages in exploring certain latent theoretical convergences between the works of Adam Smith and Max Weber. The fact that these two have been major protagonists in the establishment and development of political economy and sociology respectively gives a rationale to such an endeavor. Another rationale is provided by the paucity of attempts at exploring the theoretical relations between Smith and Weber in the current economic and sociological literature. Helping fill in this gap in the literature is the paper's intended contribution. That Weber's writings contain pertinent convergences with Smith's work is the general premise of this article. In particular, the treatment of economic action epitomizes these congruencies between Smith's political economy and Weber's economic sociology.