FBIM Transactions
Editor
Zoran Čekerevac








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In the next issues


In the next issues of FBIM Transactions, among others, we will publish:
(To read the abstract of the paper, please, click the title of the article)

  1. Zoran Cekerevac, Zdenek Dvorak, Ludmila Prigoda, and Petar Cekerevac
    MAN-IN-THE-MIDDLE ATTACKS AND INTERNET OF THINGS

    To read the article before publishing click here

  2. Zlatan Lukic
    THE POWER AND THE ROLE OF ECONOMIC DIPLOMACY IN THE ERA OF GLOBALIZATION

    To read the article before publishing click here

  3. Nenad Dugalic and Milan Novovic
    MECHANISMS OF TRANSNATIONAL CORPORATIONS GOVERNMENTS IN THE CONDITIONS OF GLOBAL ECONOMY

    To read the article before publishing click here

  4. Boris Bursac and Stanislav Glumac
    AGRARIAN REFORM IN RUSSIA IN THE NINETEENTH CENTURY AND ITS IMPACT ON THE RUSSIAN ECONOMY

    To read the article before publishing click here




MAN-IN-THE-MIDDLE ATTACKS AND INTERNET OF THINGS

Zoran Cekerevac
Zdenek Dvorak
Ludmila Prigoda
Petar Cekerevac

Accepted for publishing: 18.02.2017

Abstract
A rapid development of computers and computer software are some of the causes of the security vulnerabilities that allow attackers to successfully carry out attacks on information systems of their users. The massive spread of the Internet of Things will make a greater difference between the current understanding of the Internet, which is reflected in the "dot-com", "social networks" and web of "experience", and the new Internet that will enable new and revolutionary applications with the potential to significantly improve the quality of life. Given that different devices have come with embedded computer components and connectivity to the Internet, and the possibilities of mutual communication, it is realistic they will be exposed to some variants of attacks that have been seen in practice so far. This paper analyzes some aspects of the "man in the middle" attacks related to the Internet of things. After a short introductory presentation on the Internet of things and "man-in-the-middle" attack, the paper presents the technology of this attack, as well as the benefits that an attacker could have from a successful attack. Also, here are shown some known examples of successful attacks, the economic consequences of such attacks, as well as some of the ways of protection against these and similar attacks. The conclusion shows the summary of the whole analysis together with the assumptions on the future development of the Internet of things and the possible attacks on the connected devices.

Keywords:
Internet of things, man-in-the-middle, IT, Internet, eavesdropping, ARP poisoning, DNS spoofing, SSL hijacking

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THE POWER AND THE ROLE OF ECONOMIC DIPLOMACY IN THE ERA OF GLOBALIZATION

Zlatan Lukic
Accepted for publishing: 08.04.2017

Abstract
Diplomatic economic engagement, in fact, economic diplomacy, became the most important activity for diplomacies of national countries, the international organizations, and integrations. It could be said that economic diplomacy became a basic tool for a breakthrough to the world market. In today's world where international and economic relations are a system of political and economic power relations, it is gradually forming a system that increasingly integrates businesses. The economies are becoming less national and increasingly global, thus turning into a transnational system of production, which is based on the international division of labor. The economic globalization is seen as the force which most threatens the authority of the nation state and reduces its power. The national monetary policy is losing autonomy because it cannot be turned internally towards domestic realistic inventory, but it must be turned externally towards international flows of capital and it has to join into international macroeconomic coordination. The European Union is a good example that the monetary policy is completely taken away from the national states. There is the established the European supranational sovereignty of economy and monetary affairs. By observing the globalization, the international relations respectively, which are changed since the Cold War domination, countries do not have power anymore. The globalization is not taking away the national state from its roots, but it is taking away the power of the authorities. Therefore, the states act as an initiator of the globalization and by doing this they are reducing their power and becoming responsible to outside economic members. Respectively, no matter of this evident trend in international political and economic relations the role of countries and diplomacies, as the instrument of promoting and protecting the interest of countries stays very important, especially the one in the area of the economic relations, respectively, economic diplomacy.

Keywords:
diplomacy, economic diplomacy, power, globalization

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MECHANISMS OF TRANSNATIONAL CORPORATIONS GOVERNMENTS IN THE CONDITIONS OF GLOBAL ECONOMY

Nenad Dugalic
Milan Novovic


Accepted for publishing: 12.04.2017

Abstract
After continuous expansion after The Second World War, transnational corporations (ТNK) have become a dominant force and the most important actors of world’s economy at the end of last and the beginning of this century. Their financial and technological potential, importance in structuring of global demand and production and especially their rapid growth, point out that modern world economy can without exaggeration be called economy of TNK.Besides the significant influence on production, sales and international goods and service exchange, TNK in the function of globalization mechanism also influence the international technology transfer. Due to union and concentration of all indicators of their economy power, TNK are in the position to set the dynamic and ways of modern development. TNK have grown into relatively closed and complete economical systems with high degree of financial, production, technological and personnel self-sufficiency. Working as an active mechanism in the economy development of the world, they tend to improve their economic interests, in the first place the owner of the capital in their native country. TNK present a union of world’s economy and as holders of the globalization process they present in the true meaning of the word, global economy.

Keywords:
Transnational corporations, global economy, national sovereignity, liberalization, deregulation

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AGRARIAN REFORM IN RUSSIA IN THE NINETEENTH CENTURY AND ITS IMPACT ON THE RUSSIAN ECONOMY

Boris Bursac
Stanislav Glumac


Accepted for publishing: 17.10.2016

Abstract
With absolute right, we can say that the nineteenth century for Russia represents a period enactment of crucial laws – reforms with only one goal and that is to modernize the sleeping Russian Empire. Although Russia during this period was a feudal state, the nobility still has the final word as serfs bear the yoke of progress. Western European countries are largely in the process of industrialization while the Russian Empire, with a significant role in world events of the nineteenth century, retains serfdom and thereby slows its further progress. Thanks to its natural resources, Russia survives by supplying Western European industry with raw materials. Yet that was not enough, Russia has begun increasingly economically lagging Western European countries what would later create problems and shake the Empire. Next date that marked Russian history is 1861. year of the abolition of serfdom in Russia and this will be the central subject of analysis in this work. This work represents one overview of a period in which Russia started to wake up from their winter sleep, the period of the reign of the most progressive Russian Tsar Alexander II Romanov and above all, a period in which everything is reduced to one of Hamlet's question to deteriorate or stand. Also, we will examine the situation of the Russian economy today and its thorny road of survival under the sanctions of the international community.

Keywords:
Russia, reforms, the abolition of serfdom, Alexander II, economic development

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MESTE NGO and FBIM Transactions support teamwork and encourage international scientific cooperation.

That is why we are especially willing to publish works of groups of authors from two or more different countries.


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