Consumption and saving decisions are at the heart of both short- and long-term macroeconomic analyses. Since the global crisis outbreak, one of the main issues for indebted countries has been whether to pursue a policy which promotes saving or to try to induce economic growth by increasing...

After the first wave of the global crisis, in 2010 and 2011, the Serbian banking sector remained stable, largely owing to the preserved vitality of the real sector of the economy due to a moderate recovery of FDI inflow, as well as the Government's program for mitigating the adverse effects of...