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2021 - Volume 4 - Number 1

Index of the Cycle of Money: The Case of Serbia

Constantinos Challoumis * challoumis_constantinos@yahoo.com * ORCID: 0000-0002-7436-0506
National and Kapodistrian University of Athens, School of Economics and Political Sciences, GREECE

Open Journal for Research in Economics, 2021, 4(1), 1-8 * https://doi.org/10.32591/coas.ojre.0401.01001c
Received: 1 December 2020 ▪ Accepted: 28 March 2021 ▪ Published Online: 1 May 2021

LICENCE: Creative Commons Attribution 4.0 International License.

ARTICLE (Full Text - PDF)

ABSTRACT:
This paper sought to make clear how the concept of the cycle of money works in an actual case scenario like this of the economic system of Serbia. The index of the cycle of money suggests how an economic system ought to counteract an economic crisis and studies how well-structured is a country’s economy. The estimations of the index of the cycle of money of Serbia are compared with the global average index of the cycle of money. The estimations reveal that Serbia belongs to medium rate according to the average global value. Serbia results reveal that it is a fine structured economy and can face an economic crisis, with a moderate dynamic. The applied methodology based on the analysis of theory, mathematical, statistical, and econometrical results. Moreover, this is first published work for Serbia according to this theory and is part of a project that examines the cycle of money of multiple countries.

KEY WORDS: Serbia, cycle of money, index of the cycle of money.

CORRESPONDING AUTHOR:
Constantinos Challoumis, Xenarhou 2, Athens, GREECE. E-mail: challoumis_constantinos@yahoo.com.

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