Session
Management, Business and Economics
Description
In order to became a new European Union (EU) member, many countries have subordinated own monetary policy and accepted main objectives of EU monetary policy. Although it is quite clear that the defined goals and instruments of EU monetary policy can not equally match to the national objectives of the member countries, there is a common view that unique monetary policy has more advantages than disadvantages. For those countries that are in negotiation process is very important the time period of harmonization of monetary policy and realization of the set goals. That dynamic is more important than formal time of accession to EU. This paper explore monetary policy in Serbia, with reference to the main macroeconomic indicators, in order to determine the optimal moment of Serbia’s accession to the EU from the economic aspect, i.e. reaching the numerical values of key macroeconomic data that were singled out as the most important indicators in this process.
Keywords:
European Union, monetary policy, macroeconomic indicators, Republic of Serbia
Session Chair
Hasan Metin
Session Co-Chair
Bejtush Ademi
Proceedings Editor
Edmond Hajrizi
ISBN
978-9951-437-59-2
First Page
53
Last Page
58
Location
Durres, Albania
Start Date
27-10-2017 3:00 PM
End Date
27-10-2017 4:30 PM
DOI
10.33107/ubt-ic.2017.241
Recommended Citation
Šabotić, Zenaida, "Importance of adequate monetary policy in time dynamic of being a new member of European Union - case of Republic of Serbia" (2017). UBT International Conference. 241.
https://knowledgecenter.ubt-uni.net/conference/2017/all-events/241
Included in
Importance of adequate monetary policy in time dynamic of being a new member of European Union - case of Republic of Serbia
Durres, Albania
In order to became a new European Union (EU) member, many countries have subordinated own monetary policy and accepted main objectives of EU monetary policy. Although it is quite clear that the defined goals and instruments of EU monetary policy can not equally match to the national objectives of the member countries, there is a common view that unique monetary policy has more advantages than disadvantages. For those countries that are in negotiation process is very important the time period of harmonization of monetary policy and realization of the set goals. That dynamic is more important than formal time of accession to EU. This paper explore monetary policy in Serbia, with reference to the main macroeconomic indicators, in order to determine the optimal moment of Serbia’s accession to the EU from the economic aspect, i.e. reaching the numerical values of key macroeconomic data that were singled out as the most important indicators in this process.