<abstract xmlns="http://www.w3.org/1999/xhtml"><p>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.</p></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.

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

Univesity Union, Belgrade Banking Academy, Faculty for Banking, Insurance and Finance

Economic Themes

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

The global economic crisis has affected the whole world, including Serbia. Countries with different degrees of development reacted with different measures of...

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

Published Online: Apr 15, 2016

Page range: 51 - 62

Received: Oct 30, 2014

Accepted: Mar 27, 2015

DOI: https://doi.org/10.1515/ethemes-2015-0004

Keywords
Monetary policy, fiscal policy, Mundell-Fleming model

© 2016

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

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

Published Online: Apr 15, 2016

Page range: 51 - 62

Received: Oct 30, 2014

Accepted: Mar 27, 2015

DOI: https://doi.org/10.1515/ethemes-2015-0004

KeywordsMonetary policy, fiscal policy, Mundell-Fleming model

© 2016

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

Keywords
Monetary policy, fiscal policy, Mundell-Fleming model