New European Banking Governance and Crisis of Democracy: Bank Restructuring and Privatization in Slovenia

ABSTRACT

The paper makes three contributions to the understanding of the post-crisis European banking governance. First, it offers a more comprehensive approach to banking governance, beyond the Banking Union, through its concept of ‘New European Banking Governance’ (NEBG) that incorporates EU state aid rules and fiscal regulations. Second, it considers the impact of NEBG on democratic institutions and processes in EU member states, an under-researched topic in the literature on European banking governance. Finally, through its in-depth case study of Slovenia it considers the NEBG in relation to peripheral Eurozone states. It argues that the post-crisis banking governance framework of the EU not only severely constrained the Slovenian state in its policy choices but rearranged its policy-making institutions in a way that restricted and continues to restrict democratic banking policy formation.     

Natural and anthropogenic influences on the year-round temperature dynamics of air and water in Postojna show cave,Slovenia

Air and groundwater temperatures were measured in a rimstone pool in Postojna Cave, to advise evaluation of the impact of natural and anthropogenic influences related to heat being initially transmitted into cave air by visitors. Such heat can accumulate both in the rock mass and in water. Results show that attention must be paid to temperature changes of rimstone pool water rather than those of cave air, especially during the winter. Thanks to good ventilation deep inside the cave, short-term air temperature increases related to higher visitor numbers have not influenced flowstone precipitation or the cave fauna. However, this situation might change if winter visitor numbers increased greatly. This study does not support a suggested increase in winter visits (currently the tourism low-season) and reduction of summer visits (currently the tourism high-season).     

How Should Slovenia Design Fiscal Policies in the Government Debt Crisis?

We investigate how fiscal policies should be designed in Slovenia during the next few years. Using the SLOPOL model, an econometric model of the Slovenian economy, we analyze the effects of different fiscal policies using simulations and determine optimal fiscal policies for Slovenia. We show that the optimal design of fiscal policies is rather close to the austerity course as detailed in the Slovenian Stability Program, revealing the small scope of possible alternative fiscal stabilization policies available due to the relatively low effectiveness of the fiscal instruments with respect to their influence on the business cycle in the Slovenian economy.     

The failure of agri-environment measures to promote and conserve grassland biodiversity in Slovenia

The effectiveness of four grassland-specific agri-environment measures (AEM), implemented in the frame of the European Agricultural Fund for Rural Development (EAFRD) in the period 2007–2013 in Slovenia was studied. We questioned whether the measures – “extensive grassland maintenance”; “preservation of special grassland habitats”; “preservation of grassland habitats for butterflies” and “bird conservation in humid extensive meadows in Natura 2000 sites” did genuinely support the conservation (maintenance or improvement) of high nature value (HNV) grasslands in Slovenia. The HNV grasslands were defined on the basis of national fine-resolution field mapping of habitat types. Two main outcomes emerged: AEM did not reach the vast majority of HNV grasslands in Slovenia (only 3%); the proportion of HNV grassland area included in AEM was negligibly low (1). Moreover, even this very limited interest in AEM did not target only grasslands of HNV, but any permanent grasslands regardless of their conservation value: forty-one percent (41%) of the grassland areas included in the AEM were actually non-HNV grasslands (2). The absence of pre-selection criteria for grasslands along with an absence of monitoring of the effectiveness and efficiency of the measures and low interest in the subsidies among farmers, led to almost complete failure of the AEM to promote and conserve species-rich extensive grasslands in Slovenia between 2007 and 2013. Even with some minor differences, the same concept was maintained for the currently running EAFRD 2014–2020, which raises serious concern.     

斯洛文尼亚科技体制概况及特点

斯洛文尼亚有着悠久的科学传统，脱离前南斯拉夫独立以来，由于政府采取有效的政策保护和稳定了大部分国立科研机构，该国科研能力的主要部分得以延续，而且，随着经济的好转，以及借助加入欧盟的契机，科研能力逐步恢复并走上正轨。本文从科研管理体系、科研组织架构、科技投入以及国际科技合作等方面介绍了斯洛文尼亚的科技体制，并分析了其特点，认为其科技体系主要继承前南斯拉夫，科技政策受欧盟政策的影响越来越大；与欧盟的平均水平相比，斯洛文尼亚在研发投入方面表现良好，但是产出端问题不少，表现差强人意；公共研究机构与大学和商业部门之间的合作有待改善。     

Distance in time between transition economies and the European Union

The time distance methodology used offers a new perspective to the problem, an additional statistical measure, and a presentation tool for policy analysis and debate readily understood by policy makers, media and general public. Disparity between the analysed transition economies and EU countries is considerably smaller for other indicators than for GDP per capita. Compared with Ireland, Portugal and Greece Slovenia was in 1995 in 13 cases behind (but time lag of Slovenia never exceeded 10 years) and in 13 cases ahead of them. Sicherl (1997a) discusses application of S-distance to time series regressions, models, forecasting and monitoring. First version received: October 1995/final version received: April 1998     

Wine Tourism as an Opportunity for Tourism Development: Examples of Good Practice in Slovenia

The authors discuss wine tourism activities in the context of general tourism development in Slovenia. The country’s winegrowing areas have developed traditionally important viticulture, a relatively intensive production of typical grape varieties and in some cases also a distinct entrepreneurial spirit, which consequently reflects in tourism and regional development, based on diverse cultural heritage and natural values. Three Slovene wine regions are divided into nine wine districts with their own identities and more or less distinct terroirs. Despite a several centuries’ long tradition and a rich wine culture, it is evident that in national tourism strategies and development plans, wine tourism still does not occupy the position that it probably deserves, although most of the documents stress its potential for local or regional development. On the other hand, the authors recognize a significant interest among winemakers and tourism professionals for strategic cooperation and systematic approach to develop wine tourism in the selected destinations. The authors therefore focus on some paradoxes and emphasize examples of good practice at the national, regional, and local levels.     

Consumer Preference for Traditional Products in West Balkans Countries

The objective of this article is to better understand consumers' attitudes, expectations, and behavior toward traditional food among consumers in selected Western Balkans Countries (WBC). The article also presents a picture of the profile of WBC traditional food consumers (TFC) in terms of their sociodemographics, attitudes, lifestyle orientations, and behavioral characteristics. The method used for the data collection was a face-to-face interview using a structured questionnaire. In total, 800 respondents participated in the survey. WBC consumers expressed a positive attitude toward traditional food. If the researchers try to explain consumers' behavior toward traditional food, they can say that there are different types of consumers giving more or less importance to components considered traditional. The information about the profile, the image, and the actual characteristics of TFC has practical implications for marketing and communicating about traditional food, including their identification, differentiation, research and development, and positioning in the WBC food market.     

Land owners’ perception of land consolidation and their satisfaction with the results – Slovenian experiences

Land consolidation has been an important instrument of rural development for over a century throughout Europe. Nowadays, land consolidation can be an integral part of both rural and urban development projects, but the focus of our study is on land consolidation in rural areas. In addition to the efforts aimed at making agriculture and forestry more competitive through a comprehensive reallocation process, improvement of road and drainage networks, landscaping, environmental management, conservation projects, and other functions may be implemented in land consolidation. There are differences in the objectives and procedures of land consolidation among the countries. Beside the formal institutional framework of land consolidation, informal institutions can have a substantial influence on the implementation of land consolidation. In the article, the past experiences in the field of land consolidation in Slovenia are presented, which are still reflected in the limited acceptability of this instrument among land owners. Furthermore, the current institutional (legal) framework is analyzed in detail. The main objective of the research was to investigate the opinion of land consolidation participants about land consolidation. Based on the field survey conducted on a sample of private land owners involved in selected land consolidation projects we tried to define the advantages and disadvantages of the current practice. The main finding is that the active participation of land owners contributes to their comprehension of the aims and to their satisfaction with the results of the land consolidation. It has been shown that the active participation of land owners in the land consolidation is the basis for developing good practices; moreover, it affects the land owners’ perception of land consolidation. The transfer of knowledge and representation of good practices among actors are still needed, in particular because of bad experiences in the past (i.e. enforced and environmentally unfriendly projects) and the traditional emotional attachment to land among land owners. In parallel, there is a great need to provide an optimization of the land consolidation process in Slovenia.     

Causes of Changes in Agricultural Employment in Slovenia: Evidence from Micro‐data

This paper analyses labour adjustment in and out of agriculture during transition to a market economy. A multinomial logit model is used to determine the factors that affect these processes. The results show that elderly, less educated and full‐time employees on a farm are more likely to continue with farming. Inflow of labour into agriculture is largely associated with the unemployment and retirement of farm household members. Age, education and investment in human capital are the key factors that improve the quality, mobility and flexibility of labour, which is crucial for efficient labour adjustment at the micro‐level and sector level. Better‐educated individuals are more likely to enter into employment in non‐agricultural, particularly service, activities.