Monetary Policy Analysis in Serbia

Artikel

The paper focuses on analysing monetary policy in Serbia. The National Bank of Serbia chose inflation targeting, which sets price stability as the main objective of monetary policy. To achieve this goal, the central bank uses different monetary policy instruments which analysis can provide us with the understanding of the main directions of their actions but also of the limitations of its application. Only through improvement of both instruments and monetary policy the central bank will create a better foundation for achieving monetary stability. In addition, the implementation of exchange rate policy is entrusted to the National Bank of Serbia, as the main regulator of the financial system. A mere use of managed floating exchange rate, as the chosen exchange rate regime, is an appropriate solution in the current economic circumstances and in accordance with the desired objective of monetary policy.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Journal: Journal of Central Banking Theory and Practice ; ISSN: 2336-9205 ; Volume: 4 ; Year: 2015 ; Issue: 3 ; Pages: 147-180 ; Warsaw: De Gruyter Open

Classification and Topics

• Classification: Wirtschaft
• Subject: monetary policy and its instruments ; price stability ; dinarisation ; foreign exchange market ; the exchange rate policy

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Martin, Vesna
• Event: Veröffentlichung
• (who): De Gruyter Open
• (where): Warsaw
• (when): 2015

Further information

• DOI: doi:10.1515/jcbtp-2015-0016
• Handle: http://hdl.handle.net/10419/217582
• Last update: 10.03.2025, 11:41 AM CET