ECONOMICS, BROJ 15, DECEMBAR 2020.

PUBLISHED BY:

“OIKOS INSTITUTE” d.o.o. Bijeljina

FOR THE PUBLISHER:

PhD Zoran Mastilo, Director

EDITOR IN CHIEF:

EDITOR IN CHIEF: PhD Petar Đukić- Serbia

ASISTANT EDITORS IN CHIEF:

PhD Andrzej Niemiec – Poland PhD Taro Abe – Japan

CO-EDITORS:

Dejan Mastilo – Oikos Institute Bijeljina Vesna Miletić, Oikos Institute Bijeljina

EDITORIAL BOARD:

Bosnia and Herzegovina: PhD Mladen Rebić, PhD Branko Krsmanović, PhD Goran Popović, PhD Nikola Gluhović, PhD Zoran Mastilo, PhD Radmila Čičković, PhD Armina Hubana, PhD Srđan Lalić, PhD Milenko Krajišnik, PhD Jamila Jaganjac, PhD Slobodan Subotić, PhD Muharem Karamujić, PhD Đorđe Lazić, PhD Ognjen Eric, PhD Rajko Radović, PhD Andrijana Mrkaić Ateljević, PhD Zdravko Todorović, PhD Branislav Mašić, PhD Ljubiša Vladušić, PhD Željko Račić, PhD Vitomir Starčević

INTERNATIONAL BOARD:

Russia: PhD Oleg Roy, PhD Perpelkin Viacheslav; USA: PhD Tom Gillpatrick, PhD Leland Buddress, PhD Roofa Galeshi, PhD Jason Caudill, PhD Hugh J. Ault, PhD Jason C. Patalinghug; Spain: PhD Elena De la Poza; Italy: PhD Ubaldo Comite, PhD Marco Valeri, PhD Leslie Fadlon, PhD Alberto Celani; Sweden: PhD Christer Thörnqvist; India: PhD Manjit Das, PhD RayTitus, PhD Rudrarup Gupta, PhD Brijendra Yadav, PhD Sandeep Kumar; Romania: PhD Alexandru Nedelea, PhD Rocsana B.Manea Tonis, PhD Manuela Rozalia Gabor; Tailand: PhD Napat Harnpornchai; Fiji: PhD Ranasinghe Amara- dasa; Albania: PhD Brilanda Bushati, PhD Fatbardha Molla Bequiri, PhD Elidiana Bashi; Slovakia: PhD Ivan Brezina, PhD Martina Blašková; Macedonia: PhD Predrag Trpeski; Moldavia: PhD Corina Gribincea, PhD Marica Dumitrasco; Croatia: PhD Lorena Škuflić, PhD Zoran Wittine, PhD Anita Čeh Časni, PhD Kosjenka Dumančić; Montenegro: PhD Boban Melović, PhD Milivoje Radović, PhD Rade Ratković, PhD Ivo Županović, PhD Darko Lacmanović, PhD Ana Stranjančević, PhD Anđelko Lojpur; Serbia: PhD Gojko Rikalović, PhD Nenad Vunjak, PhD Petar Vrgović, PhD Gordana Kokeza, PhD Kristijan Ristić, PhD Snežana Milićević, PhD Drago Cvijanovic, PhD Snezana Radukić, PhD Zorana Kostić; Saudi Arabia: PhD Bashar Y. Almansour, PhD Yassin Eltahir; Scotland: PhD Kieran James; Slovenia: PhD Andrej Raspor, PhD Marjana Merkač, PhD Marija Bogataj; Iran: PhD Gholamreza Jandaghi; Brasil: PhD Ar- cione Ferreire Viagi, PhD Fábio Albergaria de Queiroz; Poland: PhD Piotr Wisniewski; Algeria: PhD Kherchi Ishak, PhD Zoheir Guebli; Ukraine: PhD Olha Komelina, PhD Tetiana Paientko, PhD Iryna Lytvynchuk; Belarus: PhD Oksana Koshulko; Sri Lanka: PhD Ahamed Labbe Mohamed Aslam, PhD Nisantha Kurukulasooriya; Turkey: PhD Hüseyin Işıksal, PhD Metin Toprak, PhD Zeki Atil Bulut, PhD Feden Koç; New Zeland: PhD Tauisi Taupo; Indonesia: PhD Teguh Sugiarto; Oman: PhD Mythili Kolluru, PhD Vidya Suresh; Greece: PhD Konstantinos N. Malagas, PhD Constantinos Challoumis; Egypt: PhD Azza Mohamed Kamal; Uganda: PhD Michael Okoche; Czech Republic: PhD Lucie Andreisová; Bulgaria: PhD Julia Stoyancheva Stefanova, PhD Marin Petrov Georgiev, PhD Venelin Terziev; Morocco: PhD Fouzi Belmir; Cyprus: PhD Bijay Kumar Kandel; Ethiopia: PhD Dereje T. GEBREMESKEL; Taiwan: PhD Massoud Moslehpour; UK: PhD Christopher Hartwell; China: PhD Hamid Khurshid, PhD Tafazal Kumail; Bahrain: PhD Adel. M Sarea; Nigeria: PhD Bhola Khan

TECHNICAL EDITOR AND GRAPHIC DESIGN:

Borjan Divljanović, Graphic studio PIXEL – 76 300 Bijeljina, BiH

TRANSLATION TO ENGLISH:

PhD Zorana Kostić

PAPERS PUBLISHED IN “ECONOMICS“ JOURNAL ARE ABSTRACTED AND INDEXED BY:

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ADRESS OF THE EDITORIAL BOARD:

Neznanih junaka 9-11
76300 Bijeljina
Republic of Srpska
Bosnia and Herzegovina
e-mail: redakcija.radovi@gmail.com
Web site: www.oikosinstitut.org/economics.html

www.economicsrs.com

https://content.sciendo.com/view/journals/eoik/eoik-overview.xml Bank account: 5550000004916269, Nova banka, Filijala Bijeljina
ID: 44035724600004

PRINTED BY:

Mojic, d.o.o Bijeljina
Number of copies: 300 primjeraka

KATALOGIZATION:

Printed issue: ISSN 2303-5005 Online issue: E-ISSN 2303-5013

Desicion of the Ministry of Education and Culture of the Republic of Srpska No.: 07.061-053-52-12/13, od 10.12.2013, The Journal “Economics“ entered in the Register of Public Media as item No. 645