The aim of the article is to reflect the necessity of introducing objective criteria in articulating monetary value of the damage caused to archaeological sites (immovable cultural monuments) as a result of illegal activities. The research focuses on the damage assessment criteria and resulting diminishment of economic value that are used in several countries, as well as examines the key interests and stakeholders in damage assessment process and outcome. It further describes the corresponding situation in Latvia, determines the existing challenges and proposes the basis for improvement in administrative and legal procedures. Methods applied in the research are literature review, legal framework and documentary analysis, statistical analysis and elements of qualitative content analysis. International intercomparisons have been made consulting with foreign experts. The assay is mostly done from legal and socioeconomic point of view. The results of the research could be used for the purposes of amending legal regulation and damage assessment mechanisms.
In the concept of alternative tourism, the dynamic growth of cultural tourism can be explained by the fast growth of demand for trips to various cultural attractions and amenities. Alternative tourism is a form of tourism that is not well-known and promoted in our country, but which presents high economic development potential. Alternative tourism is based on the use of natural potentials and cultural heritage and encourages interaction with nature, people and community. Peja District is an important tourist destination in Kosovo especially in rural areas, which are popular and frequently visited by local visitors and tourists from the European Union. History, culture and tradition are the main sources of tourism development in Peja region. The position of extension, the protected environment, the fertile lands, etc. are the elements that identify the city of Peja as a tourist town, which is visited throughout the year by visitors from different countries. Such tourism will be just green, sensitive, progressive, harmonious, responsible, eco, community; all characteristics fall under the heading “alternative tourism”. The goal of the paper is to provide readers with knowledge about alternative tourism in Peja municipality.
The aim of the study is to examine the effect of periwinkle shell ash (PSA) blended with cement on the water absorption and shrinkage of lateritic blocks. The objectives that would help achieve the stated aim are to investigate the water absorption and shrinkage properties of lateritic blocks blended with periwinkle shell ash/cement. The following methods were used during the research: sedimentation test, standard proctor test, Atterberg’s limit test, smell and Nibble tests. Specific gravity of PSA, bulk density and porosity of PSA were carried out. 5 % of the cement and percentage replacement levels of 0 %, 10 %, 20 %, 30 %, 40 % and 50 % of cement with PSA were used for block production. 21 cm × 10 cm × 10 cm blocks were moulded, cured and subjected to water absorption and shrinkage tests. Data were collected and analysed using graphs, correlation and regression analyses. Result shows that percentage water absorption for replacement levels 0 %, 10 %, 20 %, 30 % were 12.08 %, 16.38 %, 18.21 %, 19.95 %. Again, from 0 % replacement to 30 % replacement of cement with PSA, the linear shrinkage increased from 1.5 mm to 2.8 mm. It implies that up to 30 %, the maximum crack the block could form is 2.8 mm, whereas the maximum allowable crack width for walling materials is 3.0 mm. Therefore, percentage replacement of up to 30 % is recommended for use in lateritic block.
In recent years, Kosovo has had a strong volatility in attracting foreign investment into the domestic market, which has been accompanied not only by the decline in FDI flows but also by the quality of investments. Kosovo has not been able to catch the trend of FDI absorption just as it takes place in an important part of developing economies; it is also failing to follow the success of neighbouring countries. The success of further development of Kosovo’s economy cannot be imagined without the strong presence of foreign-owned businesses as a guarantee that this goal will become objectively achievable. The aim of the study is to examine recent trends and characteristics of FDI flows and patterns in Kosovo. This study adopts a qualitative research method using secondary data taken mainly from Kosovo’s Central Bank and Business Registration Agency. The present study concludes that FDI in Kosovo is mainly oriented to the Real Estate, Rental and Business sectors. Moreover, the main FDI contributors are businesses from the EU countries and Turkey. A majority of FDI inflows in Kosovo have been predominantly dominated by five countries.
The main goal of the present research is to address the role and importance of audited financial statements in increasing the efficiency of credit risk management in the banking system of Kosovo. In addition, the research will help users understand the financial statement assurance process and the audit process work for a proper assessment of credit risk by banks. The research is treated in sections as below: the first section includes a review of literature (theoretical and empirical review) related to theoretical concepts regarding the importance and development of financial statement audit at financial institutions, in region and beyond. The second section includes a general overview of the relationship between audit of financial statements of clients that establish financial relations with banks and credit risk management. The third section presents the results of the survey and the confirmation of the formulated hypotheses. The last part of the paper presents conclusions and recommendations that have arisen from our study. The main method during our research has been the use of qualitative/quantitative analysis, which has been carried out during various techniques, among which the main ones are the survey interviews & internal observation of processes based on our own professional experience in the banking channels. The paper aspires to provide a better understanding of challenges in assuring qualitative accounting information for decision-making, as well as presents the basis for further study of this issue in the future. The results of the study aim at adding the value to regulatory bodies’ documents such as politics/strategies/instructions and also setting new rules in regard to credit risk management.