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

• Gashi, H., and Fetai, B.. Determinants of Financing Obstacles of SMEs in Western Balkans. In Management Dynamics in the Knowledge Economy, pp. 331-344. Sciendo, De Gruyter Poland, Warsaw, Poland, 9 / 2021. ISBN 2392-8042. (Download)
  
  
• Shpresa Alija, Besnik Fetai and Abdylmenaf Bexheti. Financial Stability of Pension Systems in Transition Countries. In In Int. J. Public Sector Performance Management, forthcoming, pp. pp.499-509. Inderscience Enterprises Ltd, , Geneva, Switzerland, 5 / 2021. ISBN ISBN ISBN 1741-105X. (Download)
  
  
• Avni Arifi, Besnik Fetai, Stefan Cirici and Selajdin Abduli. 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, forthcoming , pp. pp.450-460. Inderscience Enterprises Ltd, Geneva, Switzerland, 5 / 2021. ISBN ISBN 1741-105X. (Download)
  
  
• Besnik Fetai, Abdylmenaf Bexheti, Liza Alili-Sulejmani and Veland Ramadani. Does fiscal policy accelerate economic growth in transition economies: the case of Republic of North Macedonia?. In Int. J. Public Sector Performance Management, pp. pp. 88-97. Inderscience Enterprises Ltd, Geneva, Switzerland, 1 / 2021. ISBN 1741-105X. (Download)
  
  
• Besnik Fetai, Kestrim Advimetaj, Abdylmenaf Bexheti and Arben Malaj. Threshold effect of public debt on economic growth: An empirical analysis in the European transition countries. In Zbornik radova Ekonomskog fakulteta u Rijeci:časopis za ekonomsku teoriju i praksu / Proceedings of Rijeka Faculty of Economics: Journal of Economics and Business, pp. 381-406. University of Rijeka, Faculty of Economics and Business, Rijeka, Croatia , 12 / 2020. ISBN 1331-8004. (Download)
  
  
• Besnik Fetai and Kestrim Avdimetaj. Public Debt and Economic Growth in the Western Balkan Countries. In Journal of Global Policy and Governance, pp. pp. 45-56. Transition Academia Press, Roma, Italy, 11 / 2020. ISBN 2194-7740. (Download)
  
  
• Bekim Marmullaku, Besnik Fetai and Avni Arifi. Education and Its Impact in Economic Growth in Lower Middle Income Countries. In Journal of Global Policy and Governance, pp. pp.79-91. Transition Academia Press, Roma, Italy, 5 / 2020. ISBN 1614-4007 . (Download)
  
  
• Fetai, B., Abduli, S., Arifi, Avni., and Fetai, Linda., . INEQUALITY AND ITS ECONOMIC DETERMINANTS IN COUNTRIES IN TRANSITION. In 4th International Conference on Business and Information Technologies, pp. 122-132. South East European University, Faculty of Business and Economics, Tetove, RNM, 3 / 2020. ISBN 2671-373X. (Download)
  
  
• Besnik Fetai and Gresa Mjaku. The determinants and efficiency of auditing in the Republic of Kosovo. In Int. J. Public Sector Performance Management, vol. 6, No.1 , pp. 56-67. Inderscience Enterprises Ltd, Geneva, Switzerland, 1 / 2020. ISBN 1741-105X. (Download)
  
  
• Avni Arifi, Besnik Fetai and Stefan Cirici. Youth transition from school-to-work: Empirical evidence from five transition countries. In Journal of Transition Studies Review, pp. 101-112. Transition Academia Press, Roma, Italy, 11 / 2019. ISBN 1614-4015. (Download)
  
  
• Agron Chaushi, Besnik Fetai and Blerta Chaushi. Economic Impact of E-government Development: Panel Data Analysis. In Proceedings of the third International Conference in Business and Economics, pp. 625-636. SEEU, Tetovo, 9 / 2019. ISBN 978-608-248-031-2. (Download)
  
  
• Besnik Fetai and Fisnik Morina. 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. pp 5-15. Tallinn University of Technology, Estonia, Tallinn, Estonia, 6 / 2019. ISBN 1736-9126 . (Download)
  
  
• Besnik Fetai. MACROECONOMICS: THEORY AND POLICIES -Monetary and Fiscal Policy- . SEEU, Tetovo, 10 / 2018. ISBN 978-608-248-017-6. (Download)
  
  
• Besnik Fetai. DOES FINANCIAL DEVELOPMENT ACCELERATE ECONOMIC GROWTH? An empirical analysis of European countries in transition. In Journal of Financial Economic Policy, pp. 426-433. Emeraldinsight, London, England, 3 / 2018. ISBN 1757-6385. (Download)
  
  
• Besnik Fetai Nora Sadiku-Nushi. MEASURING THE IMPACT OF EXTRINSIC CUES ON CONSUMERS’ PURCHASING DECISION FOR FOOD PRODUCTS . In VOLUME 62, ISSUE 3, 2017, pp. 33-46 , pp. 33-46. De Gruyter, Berlin Germany, 12 / 2017. ISBN 2065-9644. (Download)
  
  
• Besnik Fetai, Besime Mustafi and Ariana Fetai. AN EMPIRICAL ANALYSIS OF THE DETERMINANTS OF ECONOMIC GROWTH IN THE WESTERN BALKANS. In Scientific Annals of Economics and Business, 64 (2), pp. 245-254. DE GRUYTER OPEN, Warsaw, Poland, 7 / 2017. ISBN 2501-3165. (Download)
  
  
• Besnik Fetai. The effects of fiscal policy during the financial crises in transition and emerging countries: does fiscal policy matter?. In Economic Research-Ekonomska Istraživanja, v.13 , pp. 1-14. Routledge Taylor & Francis Group, London, UK, 6 / 2017. ISBN 1331-677X. (Download)
  
  
• Besnik Fetai and Liza Alili Sulejmani. Does Fiscal Policy Metter for Economic Growth in Republic of Macedonia ?. In Proceedings of the Ith International Conference, pp. 100-106. South East European University, Tetovo, Republic of Macedonia, 5 / 2017. ISBN 978-608-248-017-6. (Download)
  
  
• P. Sergius Koku, Besnik Fetai, Fitim Deari and Izet Zeqiri . DO PRESS RELEASES PROVIDE NEW INFORMATION? THE CASE OF BRITISH PETROLEUM‘S DEEPWATER HORIZON OIL SPILL. In 2ND INTERNATIONAL CONFERENCE on Applied Economics and Finance (ICOAEF 2016), pp. 275-278. Anglo-American Publications LLC 3422 Old Capitol Trail, Suite 700, Wilmington, Girne, North Cyprus , 12 / 2016. ISBN 978-1-946782-01-4. (Download)
  
  
• Besnik Fetai. Financial Integartion and Financial Development: Does Financial Integration Metter in the Transition Economies?. In Volume XVIII, Issue (2), pp. 97-106. Journal of European Research Studies, University of Piraeus, Greece, 9 / 2015. ISBN 1108-2976. (Download)
  
  
• Besnik Fetai, Selajdin Abduli and Stefan Qirici. An Oreder Probit Model of Job Satsfaction in the Former Yugoslav Republic of Macedonia. In Procedia Economics and Finance, Vol.33, pp. 350 – 357. Procedia Economics and Finance, USA, 8 / 2015. ISBN 2212-5671. (Download)
  
  
• Besnik Fetai, Paul Sergius Koku, Agron Caushi and Ariana Fetai. THE RELATIONSHIP BETWEEN EXCHANGE RATE AND INFLATION: THE CASE OF WESTERN BALKANS COUNTRIES. In Journal of Business, Economics and Finance, vol. 5, issue: 4, pp. 359-364. PressAcademia, Istanbul, Turkey, 12 / 2014. ISBN 2146 - 7943. (Download)
  
  
• Besnik Fetai and Selajdin Abduli. MACROECONOMICS EFFECT OF FISCAL POLICY IN TRANSITION ECONOMIES: THE CASE REPUBLIC OF MACEDONIA. In Journal of International Scientific Publications: Economy & Business, volume 8, pp. 1035-1047. Info Invest Ltd, Burgas, Bulgaria, 8 / 2014. ISBN 1313-2555. (Download)
  
  
• Besnik Fetai. The Effect of Financial Integration and Financial Development on Economic Growth during the Financial Crisis . In The Empirical Economics Letters, volume 13, Nr.3, pp. 254-259. University of Rajhashi , Rajhashi, 3 / 2014. ISBN 1313-2555. (Download)
  
  
• Besnik Fetai. The Effectiveness of Fiscal and Monetary Policy during the Financial Crisis. In East-West Journal of Economics and Business , pp. 59-72. University of Picardie, University of Thessaloniki, Greece, or CRIISEA and University of Picardie, France, 12 / 2013. ISBN 1108-2992. (Download)
  
  
• Besnik Fetai & Rufi Osmani. The Role of Exchange Rate in Small Open Transition Economies: The Case Republic of Macedonia. In Rethinking Europe after the Economic Crisis – Lessons for the European Core and Periphery, chapter book, pp. 83-99. Faculty of Economics, University of Nis, Nis, Srbia, 12 / 2013. ISBN 978-86-6139-084-5. (Download)
  
  
• Besnik Fetai. Exchange Rate Pass-Through in Transition Economies: The Case Republic of Macedonia. In Transition Study Review, Vol. 20, issue 3, , pp. 309-324. Springer Berlin Heidelberg , Vienna, Austria, 11 / 2013. ISBN 1614-4007. (Download)
  
  
• Besnik Fetai. The Impact of Financial Integration and Financial Development during the Financial Crisis. In Preceedings of the 6th International conference” The Changes Economic Landscape: Issues, Implications and Policy Options, Forthcoming, pp. 15-22. University of Pula, Faculty of Economics and Turisam, Pula, Croatia, 11 / 2013. ISBN 978-953-7498-84-9. (Download)
  
  
• Besnik Fetai & Selajdin Abduli. Fiscal Policy and Real Economic Activity in a Small Open Transition Economy (The Republic of Macedonia): Cointegration Model. In International Journal of Scientific Publications: Economics & Business, Vol.7, issue 1, pp. 136-144. Info Invest Ltd, Sofia, Bulgaria, 9 / 2013. ISBN 1313-2555. (Download)
  
  
• Besnik Fetai. Monetary and Fiscal Responses during the Financial Crisis in the Developing and Emerging Economies. In International journal of Economics and Finance, Vol.5, issue 9, pp. 110-116. Canadian Center of Science and Education, Toronto, Canada, 8 / 2013. ISBN 1916-971X. (Download)
  
  
• Besnik Fetai. Assessing Monetary and Fiscal Policy Interaction in a Small Open Economy: the Case Republic of Macedonia. In Transition Study Review, Vol. 20, issue 1, pp. 89-104. Springer Berlin Heidelberg, Vienna, Austria, 4 / 2013. ISBN 1614-4007. (Download)
  
  
• Besnik Fetai. Macroeconomic Policy in Transition Economies. LAP LAMBERT Academic Publishing AG & Co. KG, US & UK, 1 / 2013. ISBN 978-3659-33444-3. (Download)
  
  
• Besnik Fetai & Izet Zeqiri. Assessing the Effectiveness of Monetary and Fiscal Policy during the Financial Crisis in the Developing Countries. In 4th International Conference “The Economies of Balkan and Eastern Europe Countries in the Changed World, pp. 120-127. Kavala Institute of Technology, Department of Accountancy, Thesaloniki, Greece, 4 / 2012. ISBN 1792 - 4383. (Download)
  
  
• Besnik Fetai & Izet Zeqiri. Macroeconomics Tools to be used in Assessment of the Financial Crisis upon SEE Economies. In Proceedings of the Seventh ECPD International Conference Reconciliation Tolerance and Human Security in the Balkans ”New Balkans and European Union Enlargment" , pp. 74-82. ECPD and University for Peace, Belgrad, Srbia, 10 / 2011. ISBN 978-86-7236-070-7. (Download)
  
  
• Besnik Fetai. Exchange Rate Pass-Through in Transition Economies: The Case of the Republic of Macedonia. In THE WILLIAM DAVIDSON INSTITUTE AT THE UNIVERSITY OF MICHIGAN, pp. 1-37. THE WILLIAM DAVIDSON INSTITUTE AT THE UNIVERSITY OF MICHIGAN, US, 4 / 2011. ISBN SSRN: 191-2042. (Download)
  
  
• Besnik Fetai & Izet Zeqiri. The Impact of Monetary Policy and Exchange Rate Regime on real GDP and Prices. In Economic and Business Review, Vol. 12, issue 4, pp. 263-284. University of Ljubljana, Faculty of Economics, Ljubljana, Slovenia, 12 / 2010. ISBN 2335-4216. (Download)
  
  
• Besnik Fetai. Optimal Strategy of Monetary and Fiscal Policy in Macedonia: An economometric analysis of different strategies for achieving macroeconomic stability in the Republic of Macedonia. LAP Lambert Academic Publishing AG & Co. KG, US & UK, 7 / 2010. ISBN 978-3-8383-8436-8. (Download)
  
  
• Besnik Fetai . The Impact of Global Crises on the Economies of the South East European Countries. In Proceedings, of the Fifth ECPD International Conference National and inter-Ethnic Reconciliation, Religious Tolernace and Human Security in the Balkans, pp. 31-44. ECPD and University for Peace , Belgrad, Srbia, 10 / 2009. ISBN 978-86-7236-062-2. (Download)
  
  

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 2017 - Present : 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
  
  
• 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 low for fiscal decentralization.
  
  
• 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.
  
  
• 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
  
  
• 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.
  
  
• 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.