ROLE OF REGULATORY FACTOR IN ECONOMIC DEVELOPMENT
The developed countries of Europe and the newly industrialized countries achieved their economic development due to the significant role of the country that with the economic policy measures removed deficiencies of the market, such as monopoly position, the changes of the exchange rate, the rigidity...
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Editura Universităţii din Oradea
2014-11-01
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Online Access: | http://imtuoradea.ro/auo.fmte/files-2014-v3/Jugoslav ANICIC, Dragan DUKIC, Miloje JELIC, Jasminka M. DUROVIC, Srecko RADOJICIC-ROLE OF REGULATORY FACTOR IN ECONOMIC DEVELOPMENT.pdf |
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doaj-9df4ce6d873649b7b6928467b23cad982020-11-24T23:29:21ZengEditura Universităţii din OradeaAnnals of the Oradea University: Fascicle Management and Technological Engineering1583-06911583-06912014-11-01XXIII (XIII)10.AUOFMTE.2014-3.30563056ROLE OF REGULATORY FACTOR IN ECONOMIC DEVELOPMENTANICIC JugoslavDUKIC DraganJELIC MilojeDUROVIC Jasminka M.RADOJICIC SreckoThe developed countries of Europe and the newly industrialized countries achieved their economic development due to the significant role of the country that with the economic policy measures removed deficiencies of the market, such as monopoly position, the changes of the exchange rate, the rigidity of the labor market and others. On the other hand, a large number of developing countries, including Serbia, accepted the so called neo-liberal concept of economic development that excludes the country from market developments. This model gave a very negative results in Serbia, where the economy has reached a state of general insolvency and high debt, with the established monopoly structures and bank-centric financial system that do not have the function in the development of the economy and improving the competitiveness of enterprises. Measures adopted by the Serbia at the end of 2012. in the field of introducing financial disciplines in respect of payment deadlines in commercial transactions, is a positive signal for the elimination of absolute asymmetry of power between participants in the Serbian market. It is good if these regulatory measures represent deflection from earlier irresponsible economic policies and represent a systematic approach to solving the accumulated economic problems.http://imtuoradea.ro/auo.fmte/files-2014-v3/Jugoslav ANICIC, Dragan DUKIC, Miloje JELIC, Jasminka M. DUROVIC, Srecko RADOJICIC-ROLE OF REGULATORY FACTOR IN ECONOMIC DEVELOPMENT.pdfKeyword:insolvencyregulatorymeasuresfinancialmarketcompetitiondebt |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
ANICIC Jugoslav DUKIC Dragan JELIC Miloje DUROVIC Jasminka M. RADOJICIC Srecko |
spellingShingle |
ANICIC Jugoslav DUKIC Dragan JELIC Miloje DUROVIC Jasminka M. RADOJICIC Srecko ROLE OF REGULATORY FACTOR IN ECONOMIC DEVELOPMENT Annals of the Oradea University: Fascicle Management and Technological Engineering Keyword:insolvency regulatorymeasures financialmarket competition debt |
author_facet |
ANICIC Jugoslav DUKIC Dragan JELIC Miloje DUROVIC Jasminka M. RADOJICIC Srecko |
author_sort |
ANICIC Jugoslav |
title |
ROLE OF REGULATORY FACTOR IN ECONOMIC DEVELOPMENT |
title_short |
ROLE OF REGULATORY FACTOR IN ECONOMIC DEVELOPMENT |
title_full |
ROLE OF REGULATORY FACTOR IN ECONOMIC DEVELOPMENT |
title_fullStr |
ROLE OF REGULATORY FACTOR IN ECONOMIC DEVELOPMENT |
title_full_unstemmed |
ROLE OF REGULATORY FACTOR IN ECONOMIC DEVELOPMENT |
title_sort |
role of regulatory factor in economic development |
publisher |
Editura Universităţii din Oradea |
series |
Annals of the Oradea University: Fascicle Management and Technological Engineering |
issn |
1583-0691 1583-0691 |
publishDate |
2014-11-01 |
description |
The developed countries of Europe and the
newly industrialized countries achieved their economic
development due to the significant role of the country that with
the economic policy measures removed deficiencies of the
market, such as monopoly position, the changes of the
exchange rate, the rigidity of the labor market and others. On
the other hand, a large number of developing countries,
including Serbia, accepted the so called neo-liberal concept of
economic development that excludes the country from market
developments. This model gave a very negative results in
Serbia, where the economy has reached a state of general
insolvency and high debt, with the established monopoly
structures and bank-centric financial system that do not have
the function in the development of the economy and improving
the competitiveness of enterprises. Measures adopted by the
Serbia at the end of 2012. in the field of introducing financial
disciplines in respect of payment deadlines in commercial
transactions, is a positive signal for the elimination of absolute
asymmetry of power between participants in the Serbian
market. It is good if these regulatory measures represent
deflection from earlier irresponsible economic policies and
represent a systematic approach to solving the accumulated
economic problems. |
topic |
Keyword:insolvency regulatorymeasures financialmarket competition debt |
url |
http://imtuoradea.ro/auo.fmte/files-2014-v3/Jugoslav ANICIC, Dragan DUKIC, Miloje JELIC, Jasminka M. DUROVIC, Srecko RADOJICIC-ROLE OF REGULATORY FACTOR IN ECONOMIC DEVELOPMENT.pdf |
work_keys_str_mv |
AT anicicjugoslav roleofregulatoryfactorineconomicdevelopment AT dukicdragan roleofregulatoryfactorineconomicdevelopment AT jelicmiloje roleofregulatoryfactorineconomicdevelopment AT durovicjasminkam roleofregulatoryfactorineconomicdevelopment AT radojicicsrecko roleofregulatoryfactorineconomicdevelopment |
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