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  Digitalization in customs: economic and institutional impacts

  Customs administrations are experiencing a significant transformation propelled by the swift growth of international trade and the rising complexity of global supply chains. Digitalization has become a crucial element in this evolution, enhancing efficiency, transparency, and risk management within customs operations. This paper examines the ... Customs administrations are experiencing a significant transformation propelled by the swift growth of international trade and the rising complexity of global supply chains. Digitalization has become a crucial element in this evolution, enhancing efficiency, transparency, and risk management within customs operations. This paper examines the economic and institutional ramifications of digitalization in contemporary customs administration through qualitative document analysis of institutional reports and scholarly literature. The results demonstrate that electronic customs systems can lead to a reduction in clearance times by 30�70% and a decrease in global trade costs by roughly 14.3%. The application of advanced technologies such as artificial intelligence, blockchain, and the Internet of Things further boosts operational efficiency, risk-based management, and visibility within the supply chain. However, the study also indicates that the advantages of digitalization are distributed unevenly, attributed to gaps in infrastructure, differences in regulatory frameworks, and the global digital divide. This emphasizes the importance of coordinated international policies and institutional collaboration.

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  Career support for young people in the Danube region and international people management

  This paper examines the role of Life Path Support Services (LPSS) in supporting the career development of young people in the Danube Region and links this issue to international people management. The analysis combines a comparative reading of national and transnational strategy documents with a review of European and international literature on ... This paper examines the role of Life Path Support Services (LPSS) in supporting the career development of young people in the Danube Region and links this issue to international people management. The analysis combines a comparative reading of national and transnational strategy documents with a review of European and international literature on lifelong guidance, skills policy and school-to-work transitions. The findings show that the countries in the region share similar structural weaknesses, including fragmented governance, territorial inequalities, shortage of counsellors and weak links between education and labour market demand. At the same time, they already possess institutional foundations that can be integrated and modernised. The paper argues that LPSS can function as an early-stage mechanism of human capital formation when it is supported by coordination, evidence, employer engagement and sustainable financing.

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  Challenges to international diversification: analysis through the global synchronized loss index

  This article examines the problem of the decreasing efficiency of international investing during financial crises. Traditionally, it is believed that if you invest in different countries, you reduce risk. However, new research shows that when there is great market stress, all markets start to fall simultaneously. This scientific article examines ... This article examines the problem of the decreasing efficiency of international investing during financial crises. Traditionally, it is believed that if you invest in different countries, you reduce risk. However, new research shows that when there is great market stress, all markets start to fall simultaneously. This scientific article examines the �Global Synchronized Loss Index� (GSLI), which helps the average investor calculate how much of his �protection� has actually disappeared.