Instructions for authors



Editorial and ethical policy

Publication ethics

Open access policy




Peer-review policies


Author guidelines


Editorial and ethical policy <go to top>

Economy, Business and Development: An International Journal – Our objective is to provide you with valuable and professional experience during the review and publishing process. When a manuscript is submitted to the journal, it implies that it is an original work. That means it should not have been published before and it is not under consideration for publication elsewhere.

Editorial Board undertakes to ensure objective evaluation of the manuscript, solely on the basis of its academic qualities. The Board is strongly dedicated to provide the anonymous evaluation of the manuscript by the reviewers, as well as preserve the anonymity of reviewers. Members of the Editorial Board including the Editor-in-Chief must hold no conflict of interest with regard to the articles they consider for publication.

The Editor-in-Chief is responsible for deciding which articles submitted to the Journal will be published. The decisions are solely based on the manuscript's evaluation respecting editorial policy and legal provisions relating to copyright infringement and plagiarism.

The Editorial Board is also responsible for processing possibly raised complaints related to unethical misconduct in the published /submitted paper, that are submitted to the Editorial Board of the Economy, Business and Development: An International Journal. It will be also responsible to keep the integrity of the published record by issuing corrections and retractions when needed.

The Authors by submitting their papers to the Editorial Team should confirm that it is their original work, and commit themselves that in their contributions they will discuss the benefits of their research objectively, based on the publishing rules and guidelines of the Editorial Office. Before submitting the manuscript authors declare that:

  • The paper is an outcome of author and if works of other authors have been used, it is explicitly stated in the paper;
  • The paper was not published elsewhere neither is considered for publication elsewhere.
  • The submitted work was not previously pre-published (technical report, working paper, web pages, conference proceedings, ); 
  • Paper is not an extension of some previously published work, and if so, the manuscript contains (on first page) reference(s) to previous paper(s).

Any financial or other considerable conflicts of interest that might impact the outcomes or their interpretation in the paper should be disclosed by all authors. If there are some sources of financial support for the research should be disclosed.


Publication ethics <go to top>

Economy, Business and Development: An International Journal will not publish a paper if it is evident violation of scientific ethics. Any paper which indicate evident plagiarism elements will be promptly withdrawn.

If any unethical activity is suspected and stated, the Editorial Board has an obligation to initiate an investigation. If any scientific misbehavior or plagiarism is proven, the publisher should take all necessary procedures to resolve the situation.

When managing unethical activities, the Editorial Board will predominantly rely on the rules and suggestions given by the Committee on Publication Ethics (COPE


Open access policy <go to top>

Economy, Business and Development: An International Journal is an open access journal and its content is available free of charge. All of the journal articles are free to access immediately from the date of publication. Readers/Authors could search, read, download, copy, and print the full text of articles, without any additional permission by the author or publisher.


Copyright <go to top>

Authors retain copyright of the published papers and grant to the publisher the non-exclusive right to publish the article, to be cited as its original publisher in case of reuse, and to distribute it in all forms and media.

Authors are permitted to deposit publisher's version (PDF) of their work in any repository, personal and institutional websites, but full bibliographic information (authors, titles, volume, issue etc.) about the original publication must be provided.


Disclaimer <go to top>

The perspectives communicated in the published works do not communicate the perspectives on the Editors and the Editorial Staff. The authors take legitimate and moral responsibility regarding the thoughts communicated in the articles. Publisher will have no responsibility of issuance of any requests for damages or any requests for compensation.


Publisher <go to top>

Economy, Business and Development: An International Journal is published by the oldest and most respected educational institution in the Republic of North Macedonia - Faculty of Economics – Skopje, Ss. Cyril and Methodius University in Skopje (


Peer-review policies <go to top>

Initial submission - When you submit your manuscript to our journal, it will be assigned for initial assessment to an Editorial Board member. The manuscript will be further referred to external reviewers only if it is within Journal’s scope and it is assessed as technically and scientifically well founded.

Peer review - The reviewing process in Economy, Business and Development: An International Journal is double blind and lasts from three to six months.

Manuscripts are sent for review once the initial assessment by the Editorial Board is positive, in regards to their structure and scope, having as a main priority the focal point of our Journal. Editor-in-Chief may impose need for additional information if they are essential for the assessment of the paper.

Each paper is assigned to be reviewed to at least two independent reviewers. They are previously chosen regarding their expertise in the field. Additional reviewers may be appointed when their decisions are inconsistent to one another or there is an uncertainty about the review quality or objectivity.

The content of papers after anonymous review by assigned reviewers is additionally discussed by the Editorial Board of the journal. The author(s) are informed in written about one of the following decisions:

  • Accept with no changes
  • Request after minor revision
  • Request after major revision
  • Reject

In situations where the reviewers or Editorial Board Member has claimed revision to the original copy, you will be asked to make the necessary changes and improvements. The decision letter will determine a deadline. Once resubmitted, the paper may then be sent back to the first reviewers or to new ones, as Editorial Board decides with a discretion.

Revisions and final acceptance - A modified paper should be submitted and accompanied by specific response to each reviewers’ requirements. Our objective is acknowledged papers to undertake one round of revision before being acknowledged for publication, so please address all issues identified in the first round of revision. The manuscript will be officially accepted for publication at the point when all issues are resolved.


Reviewers <go to top>

Reviewers’ assessments, through the editorial communication with the author, help the writer in improving the paper and also help the editor in making decisions. The reviewer should take special consideration of the genuine contribution of the paper and further evaluates it for the consistence with the journal’s scope, the scientific relevance of the researched topic and applied methods.

Objectivity of reviews is indispensable. It is expected the reviewers to provide constructive suggestions in order to support the improvement of the paper quality. Reviewers should communicate their perspective clearly with supporting arguments.  No personal criticism of the author is acceptable.

Any paper is considered confidential and information or ideas found through paper assessment should not be used for reviewers’ advantage.


Author guidelines <go to top>

Submission of a manuscript is online through platform. In order to proceed with the submission a user account of the author should be created. If there are multiple authors, their names should be listed in order in which they should be added for publishing. In order to ensure the authors’ anonymity and to facilitate the double-blind review process, two separate files should be uploaded:

1) Title page: Title, author(s) name, title, affiliation, address and e-mail address.

 2) Main document: an anonymous file of the manuscript with no author(s) details.

Papers submitted for publication in the Economy, Business and Development: An International Journal must be written in English and although not limited to them, they should include the following components: abstract, introduction, literature review, methodology, results and findings, conclusion and a list of references. Papers should be arranged within the following guidelines:



File type: MS Word
Paper size: A4
Margins: 3.0 cm on top and bottom, and and 2.5 cm on left and right sided

Indentation: Left:0, Right:0, Special:0

Font: Arial, 12 pt.

Text: Single-spaced, justified

Paper length: up to 15 pages




Up to 250 words, describing the research objectives and conclusions (italic, 10 pt)
Up to five keywords (italic, 10 pt)
Up to 6 JEL classification codes (italic, 10 pt)

The available JEL codes may be accessed at:



Headings must be clearly defined
Two empty lines before headings and one empty line after
Headings: bold, Sentence case, 12 pt, aligned left
Subheadings: italic, Sentence case, 11 pt, aligned left.

Paragraphs in the main text


Font size: 10 pt;
Style: normal;
Spacing: Before: 0, After: 0;
Line spacing: single;
One line space between paragraphs.



Tables must be made in Word or Word compatible format (tables should be transferred into Word format), font size: 9 pt.
Tables, graphs etc. should be placed in the text at the appropriate paragraph.They should not be wider than the margins of the paper
Each figure, graph or picture should also be sent in a separate file.
Tables, graphs etc. should be appropriately named and numbered consecutively in Arabic numerals e.g.: Table 1. Title of table; Title: above the table, graph etc.; Font 11 pt, centered;
Source: under the table, graph etc.; Font 9 pt.



Figures, graphs and pictures should be high-quality grayscale graphics



Formulas should be created using Microsoft Equation Editor.

In-text references


Any in-text reference should include the author’s surname and the year of the work. For works with more than three authors use First author’s surname et al.

Reference list


Depending on the nature of the sentence/paragraph, references to sources may be cited in the following manners:

Author (year) or (Author, year)
When a direct quote is used: “Quotation” (Author, year, page number)



EBD uses Harvard referencing style. References should be arranged in alphabetic order of authors’ surname and chronologically for multiple works by the same author. References should not be numbered or bulleted. Please follow the following guidelines for referencing:

For books


Surname, initials (year), title of book, publisher, place of publication.

e.g. Harrow, R. (2005), No Place to Hide, Simon & Schuster, New York, NY.

For book chapters


Surname, initials (year), "chapter title", editor's surname, initials (Ed.), title of book, publisher, place of publication, page numbers.

e.g. Calabrese, F.A. (2005), "The early pathways: theory to practice – a continuum", Stankosky, M. (Ed.), Creating the Discipline of Knowledge Management, Elsevier, New York, NY, pp.15-20.

For journals


Surname, initials (year), "title of article", journal name, volume issue, page numbers.

e.g. Capizzi, M.T. and Ferguson, R. (2005), "Loyalty trends for the twenty-first century", Journal of Consumer Marketing, Vol. 22 No. 2, pp.72-80.

For published conference proceedings


Surname, initials (year of publication), "title of paper", in editor’s surname, initials (Ed.), title of published proceeding which may include place and date(s) held, publisher, place of publication, page numbers.

e.g. Wilde, S. and Cox, C. (2008), “Principal factors contributing to the competitiveness of tourism destinations at varying stages of development”, in Richardson, S., Fredline, L., Patiar A., & Ternel, M. (Ed.s), CAUTHE 2008: Where the 'bloody hell' are we?, Griffith University, Gold Coast, Qld, pp.115-118.

For unpublished conference proceedings


Surname, initials (year), "title of paper", paper presented at [name of conference], [date of conference], [place of conference], available at: URL if freely available on the internet (accessed date).

e.g. Aumueller, D. (2005), "Semantic authoring and retrieval within a wiki", paper presented at the European Semantic Web Conference (ESWC), 29 May-1 June, Heraklion, Crete, available at: (accessed 20 February 2007).

For working papers


Surname, initials (year), "title of article", working paper [number if available], institution or organization, place of organization, date.

e.g. Moizer, P. (2003), "How published academic research can inform policy decisions: the case of mandatory rotation of audit appointments", working paper, Leeds University Business School, University of Leeds, Leeds, 28 March.

For encyclopedia entries (with no author or editor)


Title of encyclopaedia (year), "title of entry", volume, edition, title of encyclopaedia, publisher, place of publication, page numbers.

e.g. Encyclopaedia Britannica (1926), "Psychology of culture contact", Vol. 1, 13th ed., Encyclopaedia Britannica, London and New York, NY, pp.765-771.

(for authored entries, please refer to book chapter guidelines above)

For newspaper articles (authored)


Surname, initials (year), "article title", newspaper, date, page numbers.

e.g. Smith, A. (2008), "Money for old rope", Daily News, 21 January, pp.1, 3-4.

For newspaper articles (non-authored)


Newspaper (year), "article title", date, page numbers.

e.g. Daily News (2008), "Small change", 2 February, p.7.

For archival or other unpublished sources


Surname, initials (year), "title of document", unpublished manuscript, collection name, inventory record, name of archive, location of archive.

e.g. Litman, S. (1902), "Mechanism & Technique of Commerce", unpublished manuscript, Simon Litman Papers, Record series 9/5/29 Box 3, University of Illinois Archives, Urbana-Champaign, IL.

For electronic sources


If available online, the full URL should be supplied at the end of the reference, as well as the date that the resource was accessed.

Surname, initials (year), “title of electronic source”, available at: persistent URL (accessed date month year).

e.g. Weida, S. and Stolley, K. (2013), “Developing strong thesis statements”, available at: (accessed 20 June 2020)

Standalone URLs, i.e. those without an author or date, should be included either inside parentheses within the main text, or preferably set as a note (roman numeral within square brackets within text followed by the full URL address at the end of the paper).

For data


Surname, initials (year), title of dataset, name of data repository, available at: persistent URL, (accessed date month year).

e.g. Campbell, A. and Kahn, R.L. (2015), American National Election Study, 1948, ICPSR07218-v4, Inter-university Consortium for Political and Social Research (distributor), Ann Arbor, MI, available at: (accessed 20 June 2020)