Advanced Search
MyIDEAS: Login to save this article or follow this journal

Models of Including Financially Inactive Population into the Financial System

Contents:

Author Info

  • Branko Matic
  • Hrvoje Serdarusic

    (Faculty of Economics in Osijek)

Abstract

Raising money and directing it into savings is the most important passive task in banking. Restrictive monetary policy makes it increasingly difficult for banking institutions to take loans, thus they turn to the general population as a money source. Their interest is partly served through inclusion of financially inactive population. As the new legislation will correct the current illogical situation (some deposit institutions have not been under control of the central bank), this will eliminate the unfair competition which is at the moment existing in the banking system. At the same time, the operation of a new form of non-profit deposit institutions, i.e. credit unions, will be regulated. With solidarity and common interest as the basic tenets of their operation they can be attractive to this particular segment of population. The paper explores and proposes some possible models and ways of including the financially inferior population into the financial system.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.efos.hr/repec/osi/journl/PDF/InterdisciplinaryManagementResearchIV/IMR4a18.pdf
Download Restriction: no

Bibliographic Info

Article provided by Faculty of Economics in Osijek, Croatia in its journal Interdisciplinary Management Research.

Volume (Year): 4 (2008)
Issue (Month): (May)
Pages: 296-309

as in new window
Handle: RePEc:osi:journl:v:4:y:2008:p:296-309

Contact details of provider:
Postal: Gajev trg 7, 31000 Osijek
Phone: 031 224 400
Fax: 031 211 604
Web page: http://www.efos.unios.hr
More information through EDIRC

Related research

Keywords: financial system; financially inactive population; money source; solidarity; common interest; credit union.;

Other versions of this item:

Find related papers by JEL classification:

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. Maja Lamza-Maronic & Jerko Glavas & Igor Mavrin, 2010. "Cultural Management In The Republic Of Croatia - Possibilities Of Development," Interdisciplinary Management Research, Faculty of Economics in Osijek, Croatia, vol. 6, pages 133-142.
  2. Matić, Branko & Papac, Nikola, 2010. "Osobine sustava korporativnog upravljanja u bankama u Bosni i Hercegovini
    [Characteristic of the Corporate Bank Governance System in Bosnia and Herzegovina]
    ," MPRA Paper 29757, University Library of Munich, Germany.
  3. Matić, Branko & Vretenar, Maja, 2009. "Gospodarstvo i financijske institucije Brodsko- posavske županije (od sredine 18. do sredine 20. stoljeća)
    [Economy and Financial Institutions of Brod-posavina County (From the Middle of 18th Cen
    ," MPRA Paper 20597, University Library of Munich, Germany.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:osi:journl:v:4:y:2008:p:296-309. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Branko Matic, PhD).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.