English. Open-market operations are one of the key instruments that Central banks use to realise monetary policy in developed market economies. Considering the conditions of Yugoslavian, or todays, Serbian economy, this instrument havent had, and it still doesn't have adequate meaning, because...

The paper considers MMM, one of the world’s most famous financial pyramids, that worked during the last decade of the 20th century. The author shows that financial pyramids were not the result of the transition process. They have been a regular fenomenon in the most developed economies (The...

Serbian Abstract: Циљ овог истраживања јесте сагледавање улоге Народне банке Србије у очувању монетарне стабилности. Монетарна стабилност подразумева остварење ниске...

Serbian Abstract: Финансијска криза је настала као резултат вођења неодговорне и несавесне пословне политике надлежних државних институција за контролу финансијског...