THE IDEA:

To create a network of economists and managers of different generations and different areas from Montenegro and other foreign countries and increase their mutual communication. The expected result is to improve economic practice and economic theory, increase competitiveness in the global market and promote the ideas of economic freedom, entrepreneurship and innovations through creative friction in such a network.

BACKGROUND TO THE IDEA:

The Association of Economics and Managers is a creative continuation of a institution inheriting its tradition. The Association of Economics and Managers continues the tradition of the Association of Economists of Montenegro founded in 1954 in the Socialist Federal Republic of Yugoslavia (SFRY). After the breakup of Yugoslavia in 1999, the Association was pre-registered and in 2003, under The Belvedere agreement, it evolved into the non-governmental organization „Association of Economists of Montenegro” with 15 sections. Why changing the name? First of all, it is showed that previous organization was too rigid (it was an alliance of associations at the municipal level, i.e. alliance of institutions established at lower levels). It corresponded to the previous system in which those institutions were in a function of primarily the state and the planned economic system. Nowadays, such professional associations in the open market economy have to be more flexible and membership in it has to be motivated by desire and interests of each individual member. New communication technologies enable easier and faster communication between members, and what is of particular importance, freedom in providing new initiatives and proposals at every moment and not only at official sessions as it was earlier the case. Likewise, a concept of organization based on the principles of an association enables easier participation of members outside Montenegro, which was also the reason of the change of organizational structure. The Association, in addition to economists, also included managers in order to enhance the practical side of economic knowledge and to initiate a stronger connection of economic theory and economic practice. Likewise, the Association is also open to non-economists, which emphasizes the importance of the principle "Economics cannot be explained only by the economics!“.

THE OBJECTIVE OF THE ASSOCIATION:

Development of Montenegrin economic thought based on the concept of planetary market economy - which includes transfer of modern worldwide theoretical and practical knowledge through our contribution to economic thought and consideration of local conditions in their application.

Central yearly activity of the Association is regional Milocer Development forum, which we organize since 1993. every September.