Besnik Fetai

Education

• Nov 2004 - Nov 2008: PhD in Economics
  Faculty: Economics
  University of Ljubljana, Ljubljana, Slovenia
  Specialty: Macroeconomics and Econometrics
  Thesis: "Optimal Strategy of Monetary and Fiscal Policy in Function of Maceroeconomics Stability in the Republic of Macedonia"
  
  
• Oct 1996 - Jul 2000: Master in Monetary Economics
  Faculty: Economics
  Ss. Cyril and Methodius University of Skopje, Skopje, Republic of Macedonia
  Specialty: Monetary Economics
  Thesis: "Coordination between monetary and fiscal policy in function for achieving dynamic economic stability "
  
  
• Jul 1986 - Jul 1990: Graduated Economist
  Faculty: Economics
  University of Prishtina, Prishtina, Kosovo
  Specialty: Finance
  
  

Publications

• Ademi, Lutfije; Fetai, Besnik Exploring the Finance-Growth Nexus: Evidence from European Economies. Springer, Berlin Germany, 2026. (Link)
  
  
• Arifi-Dika, Valbona; Ramadani, Veland; Fetai, Besnik; Arifi-Iseni, Mimoza Why Do They Leave? An Empirical Study on Migration Determinants in the Western Balkans. Springer, Berlin, Germany, 2026. (Link)
  
  
• Xhuvelli, Adriana; Fetai, Besnik; Mani, Aelita Temporal Dynamics Between Renewable Energy Production and Economic Growth in Albania: A Time-Series Analysis (2019-2023. In British Journal of Environmental Sciences , pp. pp. 1-17. 2025. (Link)
  
  
• Fetai, Festim; Fetai, Besnik; Qabrati, Isuf Nonlinear public debt effect on economic growth: a dynamic panel threshold method. In Journal of Economic studies, pp. pp. 1-12. 2025. (Link)
  
  
• Fetai, Besnik; Maric Gjorgjieva, Kristina Do Institutions Accelerate Economic Growth? Case Study of the Balkan Countries. Springer, Germany, Tetovo, 2024. (Link)
  
  
• Mucha, Sara; Fetai, Besnik The Impact of Institutional Quality on Foreign Direct Investments: Insight from Western Balkan Region. Springer, Germany, Tetovo, 2024. (Link)
  
  
• Fetai, Besnik Does Financial Integration Matter During Financial Crises? A Comparative Analysis of Economies of Developing Countries. 2024. (Link)
  
  
• Gara, Atdhetar; Fetai, Besnik Determinants of labour force migration: Evidence from the Western Balkans. In Prague Economic Papers, pp. pp.244-260. 2024. (Link)
  
  
• Dance Hoti, Tringa; Gara, Atdhetar ; Fetai, Besnik; Hoti, Arber Analyzing Credit Risk Factors: A Western Balkans Case Study. In Economic Studies, pp. pp. 78-9=. 2024. (Link)
  
  
• Kllokoqi, Arbenita ; Fetai, Besnik DO INTERNATIONAL LABOR MIGRATION AND REMITTANCES REDUCE UNEMPLOYMENT? CASE STUDY OF WESTERN BALKANS 2010-2022. In Journal for the international and european law, economics and market integrations, pp. pp. 53-71. 2024. (Link)
  
  
• Zhigolli, Gentiana; Fetai, Besnik THE RELATIONSHIP BETWEEN CO2 EMISSIONS AND GDP PER CAPITA, ENERGY CONSUMPTION, INDUSTRIAL PRODUCTION IN THE CASE OF WESTERN BALKAN COUNTRIES. In Economic Thought and Practice, pp. pp.539-555. 2024. (Link)
  
  
• Toska, Asdren; Fetai, Besnik The Impact of E-Commerce on the Economic Growth of the Western Balkan Countries: A Panel Data Analysis. In INTERNATIONAL JOURNAL OF SUSTAINABLE DEVELOPMENT AND PLANNING, pp. 935-941. 2023. (Link)
  
  
• Murati Leka, Herolinda; Fetai, Besnik Government and innovation performance: evidence from the ICT enterprising community. In Journal of Enterprising Communities: People and Places in the Global Economy, pp. pp.621-643. 2023. (Link)
  
  
• Fetai, Besnik; Gashi, Fatmir THE IMPACT OF MONETARY POLICY ON BANK RISK IN THE WESTERN BALKAN COUNTRIES. In SEEU Review, pp. pp. 4-18. 2023. (Link)
  
  
• Lamce, Nives; Fetai, Besnik; Mani, Aelita SUBSIDIZING AGRICULTURAL PRODUCTS TO PREVENT THEIR REPLACEMENT IN THE CASE OF CANNABIS LEGALIZATION – THE CASE OF ALBANIA . Necmettin Erbakan University Press (NEU PRESS), Konya, Türkiye, 2023. (Link)
  
  
• Fetai, Besnik; Ameti, Valon Nature and Importance of Job Satisfaction . University of Sarajevo, School of Economics and Business, Sarajevo, 2022. (Link)
  
  
• Fetai, Besnik Does the Remittance Generate Economic Growth in the South East European Countries?. 2022. (Link)
  
  
• Fetai, Besnik Government and innovation performance: evidence from the ICT enterprising community. 2022. (Link)
  
  
• Fetai, Besnik Threshold Effects of Inflation on Growth in the Western Balkans. 2022. (Link)
  
  
• Fetai, Besnik DOES FEMALE EDUCATION GENERATE ECONOMIC GROWTH? AN EMPIRICAL ANALYSIS OF WESTERN BALKAN COUNTRIES. 2022. (Link)
  
  
• Fetai, Besnik; Hajdari, Agron The Effect of the Level of Education on Employment: Evidence from Western Balkans. In University of National and World Economy, pp. 364-375. 2022. (Link)
  
  
• Fetai, Besnik; Jusaj, Yvesa DOES FEMALE EDUCATION GENERATE ECONOMIC GROWTH? AN EMPIRICAL ANALYSIS OF WESTERN BALKAN COUNTRIES. In STUDIA UNIVERSITATIS BABEȘ-BOLYAI OECONOMICA, pp. 1-10. 2022. (Link)
  
  
• Fetai, Besnik; Misiri, Valdrin Threshold Effects of Inflation on Growth in the Western Balkans. In Journal Global Policy and Governance, pp. 21-34. 2022. (Link)
  
  
• Fetai, Besnik; Istrefi-Jahja, Arta DO WOMEN ENTREPRENEURS ACCELERATE ECONOMIC GROWTH: AN EMPIRICAL ANALYSIS APPROACH. SEEU, Tetovo, RNM, 2022. (Link)
  
  
• Fetai, Besnik; Latifi, Vjose AN EMPIRICAL ANALYSIS OF TELEMARKETING COMPANIES IN KOSOVO. SEEU, Tetovo, RNM, 2022.
  
  
• Fetai, Besnik; Ejupi-Ibrahimi, Arta The Impact of ICT on the GDP Growth of Western Balkan Countries. In SEEU Review, pp. 105-119. 2022. (Link)
  
  
• Fetai, Besnik; Abduli, Seljadin ; Arifi, Avni; Fetai, Linda; INEQUALITY AND ITS ECONOMIC DETERMINANTS IN COUNTRIES IN TRANSITION. South East European University, Faculty of Business and Economics, Tetovo, 2021. (Link)
  
  
• Fetai, Besnik; Abdylmenaf, Bexheti ; Sulejmani, Liza; Ramadani, Veland; Does fiscal policy accelerate economic growth in transition economies: the case of Republic of North Macedonia?. In Int. J. Public Sector Performance Management, Inderscience Enterprises Ltd, pp. 88-07. 2021. (Link)
  
  
• Arifi, Avni; Fetai, Besnik; Qirici, Stefan; Abduli, Selajdin; Labor Market Transition of Youth in Developing Economies: The Case of Countries in South East And Eastern Europe . In Int. J. Public Sector Performance Management, pp. pp. 450-460. 2021. (Link)
  
  
• Alija, Shpresa; Fetai, Besnik; Bexheti, Abdylmenaf; Financial Stability of Pension Systems in Transition Countries. In In Int. J. Public Sector Performance Management, pp. pp. 499-509. 2021. (Link)
  
  
• Gashi, Hana; Determinants of Financing Obstacles of SMEs in Western Balkans. In Management Dynamics in the Knowledge Economy, pp. 331-344. 2021. (Link)
  
  
• Fetai, Besnik; Mjaku, Gresa; The determinants and efficiency of auditing in the Republic of Kosovo. 2020. (Link)
  
  
• Marmullaku, Bekim; Fetai, Besnik; Arifi, Avni ; Education and Its Impact in Economic Growth in Lower Middle Income Countries. 2020. (Link)
  
  
• Fetai, Besnik; Avdimetaj, Kestrim; Public Debt and Economic Growth in the Western Balkan Countries. In Journal of Global Policy and Governance, pp. 45-66. 2020. (Link)
  
  
• Fetai, Besnik; Advimetaj, Kestrim; Bexheti, Abdylmenaf; Malaj, Arben; Threshold effect of public debt on economic growth: An empirical analysis in the European transition countries. In University of Rijeka, Faculty of Economics and Business, pp. 381-406. 2020. (Link)
  
  
• Fetai, Besnik; Morina, Fisnik; Does FDI Inflow Accelerate Export Performance in Countries in Transition? An empirical analysis of European Countries in Transition .. In RESEARCH IN ECONOMICS AND BUSINESS: CENTRAL AND EASTERN EUROPE, pp. 5-15. 2019. (Link)
  
  
• Chaushi, Agron; Fetai, Besnik; Chaushi, Blerta; Economic Impact of E-government Development: Evidence from Panel Data Analysis . SEEU, Tetovo, 2019. (Link)
  
  
• Arifi, Avni ; Fetai, Besnik; Qirici, Stefan; Youth transition from school-to-work: Empirical evidence from five transition countries. In Journal of Transition Studies Review, pp. 101-112. 2019. (Link)
  
  
• Fetai, Besnik; Macroeconomics: Theories and Policies -Monetary and Fiscal Policy-. SEEU, Tetovo, 2018. (Link)
  
  
• Fetai, Besnik; Does financial development accelerate economic growth? An empirical analysis of European countries in transition. In Journal of Financial Economic Policy, pp. 426-435. 2018. (Link)
  
  
• Fetai, B. Alili Sulajmani, Liza; Does Fiscal Policy Metter for Economic Growth in Republic of Macedonia ?. SEEU, Tetovo, 2017. (Link)
  
  
• Fetai, Besnik; The effects of fiscal policy during the financial crises in transition and emerging countries: does fiscal policy matter?. 2017. (Link)
  
  
• Besnik Fetai, Besime Mustafi and Ariana Fetai FetaiBesnik; AN EMPIRICAL ANALYSIS OF THE DETERMINANTS OF ECONOMIC GROWTH IN THE WESTERN BALKANS. 2017. (Link)
  
  
• Fetai B, Sadiku N, Fetai, Besnik; MEASURING THE IMPACT OF EXTRINSIC CUES ON CONSUMERS’ PURCHASING DECISION FOR FOOD PRODUCTS. 2017. (Link)
  
  
• P. Sergius Koku, Besnik Fetai, Fitim Deari and Izet Zeqiri, Koku, Paul; Koku, Paul; DO PRESS RELEASES PROVIDE NEW INFORMATION? THE CASE OF BRITISH PETROLEUM‘S DEEPWATER HORIZON OIL SPILL. Anglo-American Publications LLC 3422 Old Capitol Trail, Suite 700, Wilmington, Girne, North Cyprus , 2016. (Link)
  
  

Work Experience

• Jan 2004 - Present : Teacher
  South East European University, Tetovo, Macedonia
  Type of business or sector: Education and Research
  Main responsibilities: Teacher and researcher
  
  
• Sep 2022 - Sep 2023: Rector's consultant for financial issue
  South East European University, Tetovo
  Type of business or sector: Budget
  Main responsibilities: Budget Planing
  
  
• Sep 2017 - Sep 2022: Pro rector for Planning and Entrepreneurship
  South East European University, Tetovo, Macedonia
  Type of business or sector: Budget and economic activities
  Main responsibilities: Budget planning and commercial activities in the University.
  
  
• Mar 2017 - Feb 2018: Project manager
  University of Paderborn, Germany, Paderborn, Germany
  Type of business or sector: International project " Mentoring-based Inclusion in business and economics in Western Balkans"
  Main responsibilities: Mentoring-based Inclusion in business and economics study programs with regional focus on Western Balkans - MinkluWB .
  
  
• Jan 2017 - Dec 2017: Financial adviser
  CEA construction, Tetovo
  Type of business or sector: Building company
  Main responsibilities: Financial Adviser
  
  
• Sep 2013 - Jul 2017: Visiting Professor
  Faculty of Integrated Study with Practice, University of Aleksandar Moisiu , Durres, Albania
  Type of business or sector: Education and Research
  Main responsibilities: Teacher
  
  
• Jan 2014 - Sep 2016: Coordinator for business and bank management in the department of Integrated Studies
  South East European University, Tetovo, Macedonia
  Type of business or sector: Education and Research
  Main responsibilities: Providing the business and banks with various consultancy.
  
  
• Sep 2014 - Sep 2016: Internationalization of Faculty of Business and Economics
  South East European University, Tetovo, Macedonia
  Type of business or sector: Coordinator for internationalization of the Faculty of Business and Economics
  Main responsibilities: An increase of the cooperation between Faculty of Business and Economics with regional and international Universities.
  
  
• Nov 2014 - Mar 2016: Visiting Professor
  Faculty of Business, University of Haxhi Zeka, Peje, Kosovo, Peje
  Type of business or sector: Education and Research
  Main responsibilities: Teacher
  
  
• Apr 2015 - Apr 2015: Guest Lecturer
  Departmant of Business Adminstartion at the South Westphalia Univiersity of Applied Sciences, Meschede, Germany
  Type of business or sector: Education and Research
  Main responsibilities: Teacher
  
  
• Aug 2014 - Aug 2014: Trainer
  GIZ, Tetovo, Macedonia
  Type of business or sector: Lecturer for financial management
  Main responsibilities: Training the managers how optimally to manage their finance, particularly in the small and median enterprise.
  
  
• Jun 2009 - Dec 2011: Visiting Professor
  University of Dardania, Prishtina, Kosovo
  Type of business or sector: Education and Research
  Main responsibilities: Teacher
  
  
• Sep 2003 - Nov 2004: Short-term expert for economic issues
  European Commission, European Center for Minority Issues, , Skopje, Macedonia
  Type of business or sector: Economic project for Republic of Macedonia
  Main responsibilities: Preparing chapter in the project: Monetary and Exchange Rate Policy.
  
  
• Aug 2004 - Nov 2004: Member of Parliamentary Committee for Fiscal Decentralization
  Parliament of the Republic of Macedonia, Skopje, Macedonia
  Type of business or sector: Fiscal decentralization
  Main responsibilities: Preparing the LAW for fiscal decentralization.
  
  
• Jan 2000 - Nov 2002: Minister of Economy
  Government of Reoublic of Macedonia, Skopje, Macedonia
  Type of business or sector: Ministry of economy
  Main responsibilities: Chief negotiator of accessing Republic of Macedona in the World Trade Organization.
  
  
• Nov 2000 - Nov 2002: Minister of Economy
  Government of the Republic of Macedonia, Skopje, Macedonia
  Type of business or sector: Ministry of Economy
  Main responsibilities: Minister of Economy
  
  
• Dec 1998 - Nov 2000: General manager
  Bank Rehabilitation Agency , Skopje, Macedonia
  Type of business or sector: Rehabilitation of the banking system in the Republic of Macedonia
  Main responsibilities: Rehabilitation of banking system in the Republic of Macedonia.
  
  
• Aug 1996 - Nov 1998: Mayor's financial consultant
  Municipality, Tetovo, Macedonia
  Type of business or sector: Local government
  Main responsibilities: Managing with local finance
  
  
• Jan 1991 - Aug 1996: Financial Consultant
  Albulena, Tetovo, Macedonia
  Type of business or sector: Private Company
  Main responsibilities: Financial consultant in many companies.