An Analysis of the Effects of the Economic Policy in Serbia by the Mundell-Fleming Model

Grubišić Zoran () and Kamenković Sandra ()
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Grubišić Zoran: Univesity Union, Belgrade Banking Academy, Faculty for Banking, Insurance and Finance
Kamenković Sandra: Univesity Union, Belgrade Banking Academy, Faculty for Banking, Insurance and Finance

Economic Themes, 2015, vol. 53, issue 1, 51-62

Abstract: The global economic crisis has affected the whole world, including Serbia. Countries with different degrees of development reacted with different measures of economic policy, both monetary as well as fiscal. Economic authorities in Serbia have encountered certain limiting factors in the selection of measures, first of all taking into account the unfinished transition process. This paper will examine whether the applied monetary and fiscal policy in Serbia is adequate according to the position which Serbia occupies by the Mundell-Fleming model, as well as to identify the starting position for future economic policy measures.

Keywords: Monetary policy; fiscal policy; Mundell-Fleming model (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:ecothe:v:53:y:2015:i:1:p:51-62:n:4

DOI: 10.1515/ethemes-2015-0004

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