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

Author

Listed:
  • Ðorðe Ðukiæ

    (Faculty of Economics, University of Belgrade)

  • Mališa Ðukiæ

    (Belgrade Banking Academy, Union University)

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.

Suggested Citation

  • Ðorðe Ðukiæ & Mališa Ðukiæ, 2009. "World financial crisis and behaviour of short-term interest rates – international and domestic aspects," SEEMHN papers 14, National Bank of Serbia.
    • Handle: RePEc:nsb:seemhn:14
    Note: The paper was presented at the Fourth Annual SEEMHN Conference hosted by the National Bank of Serbia, 27 March 2009 in Belgrade.
    as

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    File URL: https://www.nbs.rs/internet/latinica/90/seemhn/seemhn_conf/SEEMHN_6_Djordje_Djukic.pdf
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    More about this item

    Keywords

    World; Financial Crisis; Behaviour; Short-term Interest Rates;
    All these keywords.

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages

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