CIRCULATION OF SILVER BANKNOTES IN THE KINGDOM OF SERBIA UNTIL I WORLD WAR
Keywords:
money circulation, state interventionism, moneyAbstract
State interventionism, which was present in the economic policy of the Kingdom of Serbia at the end of the 19th and the beginning of the 20th century, significantly threatened the realization of the basic tasks of the Serbian central issuing institution, to develop the economy of Serbia with cheap loans. State intervention measures introduced in 1894 limited the circulation of silver banknotes. A direct consequence of the restrictions on the circulation of money in the late eighties and early nineties of the 19th century was the appearance of the agia phenomenon. After the apparent contradictions in the positions of the royal government and the National Bank on the issue of currency, the state limited the amount of circulation of silver banknotes by law. The aim of this work is to point out the consequences of state interventionism in the operations of the National Bank, as well as the impact that this had on economic activity and macroeconomic balance.Downloads
References
[1] Vučković, M., Vuksanović, V.: Narodna banka 1884-1934, Zavod za izradu novčanica, Topčider, 1934.
[2] Ekonomska enciklopedija, I tom, Savremena administracija, Beograd, 1986,
[3] Ekonomska enciklopedija II tom, Savremena administracija, Beograd, 1986.
[4] Privilegovana Narodna banka Kralјevine Srbije 1884-1909, Štamparija „Davidović“, Beograd, 1909.,
[5] Hadži Pešić, J.: Novac Srbije 1868-1918, Zavod za izradu novčanica, Beograd, 1995., str.93
[6] Dugalić, V.: Narodna banka 1884-1941, Jugoslovenski pregled, Beograd, 2004., str. 54
[7] Dugalić V., Mitrović A., Gnjatović D., Hofman G.. Kovačević I.: „Narodna banka u Kralјevini Srbiji 1884-1914.“, Jugoslovenski pregled, Beograd, 2004;
[8] Stojanović, Ž..: Novčanice Narodne banke 1884-2004, Jugoslovenski pregled, Beograd, 2004.
[9] Gnjatović, D., Dugalić, V., Stojanović, B.: Istorija nacionalnog novca, Sineks, Beograd, 2003.
[10] Godišnji izveštaji Narodne banke, od 1884. do 1914. godine.
[11] Plavšić, D.: Država i Narodna banka, Tisak jugoslovenske štampe, Zagreb,1930.
[12] Radovanović, B.: 110 godina Narodne banke 1884-1994, Zavod za izradu novčanica, Beograd, 1994.
Downloads
Published
Issue
Section
License
Copyright (c) 2026 Snežana Krstić (Author)
This work is licensed under a Creative Commons Attribution 4.0 International License.
