<abstract xmlns="http://www.w3.org/1999/xhtml"> The mission and mandate of economic governance in Greece and its accompanying institutional architecture requires a re-alignment in order to conform to the realities of the new global economy of the 21st century. Two recent events, one foundational and the other cataclysmic, have precipitated the need for a new vision and a new conceptual framework for revitalizing and modernizing Greece’s economic governance architecture. These two defining milestones are the emergence of a new global economy and the devastating consequences of the 2008 global financial crisis on the Greek economy.This paper proposes a new conceptual framework for reforming the public administration in Greece that is congruent with the structural changes precipitated by the new global economy of the 21st century. The Great Recession and the contemporary jobless recovery provide the contextual narrative for redefining macroeconomic policy with regard to achieving good economic governance.A new set of ten interactive and complementary principles for good governance in the 21st century are proposed. These governance principles should be accompanied with a modern institutional governance architecture. Furthermore, the structural qualities and resilient infrastructure of a revitalized governance model must be able to withstand the future economic shocks and interface effectively with the new global economy of the 21st century.In essence, this paper sets a new economic governance agenda and designs the supporting governance infrastructure that has the administrative capability and the capacity to meet the challenges and take advantage of the opportunities confronting Greece in the 21st century. All of this, for the purpose of designing a governance infrastructure that interacts more effectively with global institutions; national, regional and local governments; economic, social and political networks; community and grassroots organizations and civil society.</abstract>

A New Economic Governance Model for Greece in the 21st Century

<abstract xmlns="http://www.w3.org/1999/xhtml"> Reforming cultural policy in Serbia comes into a focus after year 2000. With delegating jurisdiction on the local cultural systems, because one of the ideas is that local government and experts can recognize needs, potential and capacities for local development more clearly and comprehensively. This work deals with the challenges of cultural policy as initiators of sustainable development, where the City of Pancevo has been selected as an example of a good practice. The first part of the text deals with challenges of cultural policy on national level. When it comes to cultural policy development on the Republic level, one can say that participants in culture in Serbia contribute to improving culture every year. However, for more successful cultural policy it is necessary to approach cultural policy challenges in service of sustainable development. Ranking all challenges leads to a conclusion that it is necessary to solve problems such as financing of the institutions, lack of a strategic thinking and insufficient inter-sector, inter -department and international cooperation. The second part of the text is dedicated to the City of Pancevo, as an example of a good practice in cultural policy and sustainable development domain. During 2013. with the support of the IPA fund cross-border cooperation program, the City of Pancevo accomplished Poles of Culture project. Within that project the Center for Study in Cultural Development conducted a research of cultural needs and habits of citizens of Pancevo, cultural institutions and citizen associations within culture. The third part of the text deals with the research results of cultural needs and habits of Pancevo citizens. They represent guidelines for improving the city cultural policy. The fourth part of the text is dedicated to the cultural policy on the local level and recommendations for cultural policy improvement has been given based on the example of the City of Pancevo.</abstract>

MA of sociology, researcher at the Center for Study in Cultural Development, cultural institution of national significance, Rige od Fere 4, Belgrade 11000, Republic of Serbia

MA of archeology, researcher at the Center for Study in Cultural Development, cultural institution of national significance, Rige od Fere 4, Belgrade 11000, Republic of Serbia

Challenges of the Cultural Policies as a Sustainable Development Engine: Example of a Good Policy / City of Pancevo

<abstract xmlns="http://www.w3.org/1999/xhtml"> The paper deals with a critical debate regarding the common conception on human needs and on their fulfilment through the concern for productivity and growth.It starts from the most common way of perceiving (and, implicitly, of developing) the economy, which is reappraised on the grounds of genuine liberalism; several routine approaches in economics and most common concerns in the economy are put under question.The debate brings conclusions related to a widened area of issues concerning the assessment of economic activities and core educational recommendations, implying interventionism focused on developing responsibility on the very long term.</abstract>

PhD. Professor, West University of Timișoara, Faculty of Economics and Business Administration

PhD. Associated Professor, West University of Timișoara, Faculty of Economics and Business Administration

Authentic Needs and Genuine Productivity

<abstract xmlns="http://www.w3.org/1999/xhtml"> This paper presents some aspects found by the author in his research in field of government public institutions behavior. The author started some years ago to research the modality how should prepare a conceptual transfer of management from the companies practice to government public institutions and to implement them for enhance quality of their results. The main concept of the theoretical research is based on some well-known theoretical remarks. One of this shows that the public institutions are similar entities as companies. Eventually they have higher complexity. Following this logic, the public institutions should be led by management instead public administration. Considering public management and the new public management only some attempts without solving the main problems, the author consider that implementing procedural efficiency oriented management to the government public institution is equivalent with an important changes induced by outside.Preparing the conceptual transfer, for the first period of research was necessary to understand government’s public institution behavior. For this purpose the relational frame was the business organization. In this respect the research compares organizational behavior of companies and public institutions and their reaction to important changes. For understand similarities and differences it was necessary to discover theoretical standpoints regarding companies reaction to important changes induced by outside and main determinants from the organizational sciences literature. In the similar way was studied the public institution reaction and determinants of this to important changes, theoretically through documentary analyses of the literature of public administration.The benchmarking between the reactions of the mentioned two entities discovered different behaviors and the main determinants of the reactions of them to a new form of leading system by management, including modern instruments as knowledge management.The paper conclusions sustain that implementation of modern management systems to government’s public institutions should deal with a different behavior used to know at companies. In this respect, the paper highlights different aspects between companies and public institutions behavior admitting similarities on organizational structure and internal procedures. </abstract>

Aspects of Understanding Government’s Public Institutions Behavior Necessary to Design Reforms

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 Journal of Heterodox Economics is a peer-reviewed on-line journal open to high-quality theoretical and empirical papers promoting heterodox approaches to different fields of economics. It welcomes fresh ideas and critical views challenging the conventional economic wisdom.   Rejection Rate   25%   Archiving  Sciendo archives the contents of this journal in Portico - digital long-term preservation service of scholarly books, journals and collections.  Plagiarism Policy  The editorial board is participating in a growing community of Similarity Check System's users in order to ensure that the content published is original and trustworthy. Similarity Check is a medium that allows for comprehensive manuscripts screening, aimed to eliminate plagiarism and provide a high standard and quality peer-review process. 

Journal of Heterodox Economics

Volume 2 (2015): Issue 1 (June 2015)

A New Economic Governance Model for Greece in the 21^st Century

Challenges of the Cultural Policies as a Sustainable Development Engine: Example of a Good Policy / City of Pancevo

Authentic Needs and Genuine Productivity

Aspects of Understanding Government’s Public Institutions Behavior Necessary to Design Reforms

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