Stojanoviæ, Biljana - In: Analele Stiintifice ale Universitatii "Alexandru Ioan … 57 (2010) november, pp. 275-288
The aim of this paper is to analyse the first two systemic banking crises in Serbia occurred in 1908 and 1912 – their causes, mechanics and consequences. The analysis shows that the crises were caused by decreased confidence in banks in times of political turmoils and wars but were not long...