Курс као механизам у функцији економске политике Cрбије
Exchange Rate as a Mechanism in the Function of Serbian Economic Policy

Summary/Abstract: The idea of the hereby given analysis of the exchange rate as a parameter function of the economic policy is that the primary problem in Serbia today is the fact that the anti-inflationary policy cannot be run apart from the developmental policy. No stabilization concept can succeed unless it is directed towards the incentive of production activities, production growth and widening of the investment base. In the very short run the government can do very little in the exchange rate plan, but it can in the long run by the change of its economic policy. In the short run, the Central bank can do a lot on the exchange rate although the exchange rate is not its priority. Inflation is the top priority for the Central bank.

• Details
• Contents