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World financial crisis and behaviour of short-term interest rates – international and domestic aspects

Ðordje Ðukic and Mališa Ðukic
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Ðordje Ðukic: Faculty of Economics, University of Belgrade
Mališa Ðukic: Belgrade Banking Academy, Union University

No 14, SEEMHN papers from National Bank of Serbia

Abstract: The paper offers a general overview of the situation and examines the actual impact of foreign capital on the economy of the Kingdom of Yugoslavia in general, and the Serbian economy in particular, during the entire interwar period. Special attention is paid to the methods in which banks in majority foreign ownership invested their capital in various industrial sectors. The paper also analyses the role of the Kingdom of Yugoslavia’s National Bank during the Great Banking Crisis of the 1930s.

Keywords: World; Financial Crisis; Behaviour; Short-term Interest Rates (search for similar items in EconPapers)
JEL-codes: G21 (search for similar items in EconPapers)
Pages: 14 pages
Date: 2009-03
Note: The paper was presented at the Fourth Annual SEEMHN Conference hosted by the National Bank of Serbia, 27 March 2009 in Belgrade.
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Persistent link: https://EconPapers.repec.org/RePEc:nsb:mhnsee:14

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