THE ROLE OF THE NATIONAL BANK IN CREATION OF PUBLIC DEBT OF INDEPENDENT KINGDOM OF SERBIA

The time characterized by a public debt phenomenon in modern Serbia has been attached to the end of the XIX and the beginning of the XX Century, when the battle for independence had caused growth of Serbian foreign debt. It is considered that the state’s contraction of debts at the National Bank4 has been old as well as the National Bank institution by its self. In other words, more before the Serbian National Bank’s counters were opened, there was made the state debt by approving the loan of 304,216 dinars in gold, on backing of the state treasury bills. Therefore was made the initial business transaction of the bank, which was done before its regular business activities.


Variant title:
ULOGA NARODNE BANKE U STVARANJU JAVNOG DUGA NEZAVISNE DRŽAVE SRBIJE
Editor(s):
Cvijanovic, Drago
Issue Date:
2013-01
Publication Type:
Journal Article
DOI and Other Identifiers:
ISSN 0352-3462 UDC 338.43:63 CIP 33:63(497.11) COBISS.SR-ID 27671 (Other)
PURL Identifier:
http://purl.umn.edu/143166
Published in:
Volume 59, Number 4
Economics of Agriculture
Page range:
687-700
Total Pages:
14
JEL Codes:
Н13; Е4
Note:
Review Article
Series Statement:
Economics of Agriculture 4/2012
UDC: 336.717.5:336.27




 Record created 2017-04-01, last modified 2017-08-26

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