Režimi deviznog kursa u službi privrednog razvoja primer Srbije, Crne Gore i Bosne i Hercegovine
Exchange rate regime as economic development indicator - example of Serbia, Montenegro, and Bosnia and Herzegovina
Šabotić, Zenaida
Osnovni cilj ekonomske politike svih zemalja jeste simultano ostvarenje unutrašnje i spoljašnje ravnoteže, uz davanje primata jednom od iljeva u zavisnosti od trenutni okolnosti privrednog razvoja eriodi visoki stopa in la ije u većini zemalja u razvoju imali su za rezultat postavljanje stabilnosti ena kao primarnog dugoročnog ilja monetarne politike. Iako je za postizanje ciljeva ekonomske politike neophodna koordinacija monetarne i fiskalne politike, poslednjih decenija je postignuta saglasnost, ekonomista i političara, o značajnijoj ulozi monetarne politike u postizanju ciljeva. Cilj ovog rada jeste komparativna analiza efiksnosti različiti režima deviznog kursa u zemljama bivše Jugoslavije – Srbiji, Crnoj Gori i Bosni i Hercegovini, kroz povezivanje monetarnih i realnih makroekonomskih indikatora. Nakon predstavljanja teorijski osnova režima deviznog kursa koji se primenjuju u ovim zemljama, statističkom obradom odabrani makroekonomski indikatora biće izvršena komparativna analiza nji ove efikasnosti.
Abstract: The main objective of the economic policy of all countries is to simultaneously achieve internal and external balance, while giving priority to one of the objectives, depending on the current circumstances of economic development. High inflation rates in most developing countries have resulted in the establishment of price stability as the primary long-term goal of monetary policy. Although coordination of monetary and fiscal policy is necessary in order to achieve the goals of economic policy, the consensus between economists and politicians about the significant role of monetary policy in achieving goals has been reached. The aim of this paper is a comparative analysis of the efficiency of various exchange rate regimes in the countries of former Yugoslavia - Serbia, Montenegro and Bosnia and Herzegovina through the integration of monetary and real macroeconomic indicators. After presenting the theoretical foundations of the exchange rate regime applied in these countries, statistical analysis of selected macroeconomic indicators will lead to a comparative analysis of their efficiency.
srpski
2019
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Keywords: dollarization, currency union, managed-floating exchange rate
Ključne reči: dolarizacija, valutna unija, kontrolisano- fluktuirajući devizni kurs.