No stable world of finance based on the premises.poor regulation, strong liberalization and high riskiness

Zusatztext

Scientific Study from the year 2012 in the subject Business economics - General, University of Novi Sad, course: Economics, language: English, abstract: Many will recall that we treat this current problem a lot earlier. Let's do it again, because topicality is not reduced. Meanwhile a large number of studies have shown that things are a little different than at the beginning of the global economic crisis thinking: inconsistency of national and incompleteness and inconsistency of the global financial system, was the trigger role in the outbreak of the global economic crisis, but the underlying generetor, the driving force were global imalances and their generators. It seems that it may be useful to emphasize to point out that the former Great Depression predominantly in the U.S. and today's global economic crisis has had a large and important common feature in the financial domain. At least with the current global economic crisis is concerned, it seems that we come to the conclusion that it may be correct causality following formula: the role of the financial system in causing the crisis was important but not primary / fundamental. This also means that it is necessary but not sufficient to establish, a consistent set of financial systems - both national and global. It is necessary to remove the deeper generators disorders not only in financial but also in the real sector of the economy: As we know the Great Depression in the U.S. had a significant impact on the establishment of a repressive, hiperegulated Financial Sector (or as others prefer to tell the Governmentled financial system); Performance of that repressive sector became an obstacle financial development, But when we take account other factors (computer and telecommunication technologies, financial innovation, the general surge of liberalization and the recent breakthroughs in financial theory) has inevitably been apperance a "financial revolution" in the second half of the seventies and eighties years of the last century; Financial revolution is, in fact, had two "arm scissors" jointly participated in the simultaneous realization of twodimensional process of creative destruction: (1) the destruction of the previous system of financial repression, and (2) creating a new, much more developed, far more liberal, etc. and risky World of finance. Financial development/"Financial revolution", viewed as trade of too much libelarism - to much riskiness

Autorenportrait

Curriculum Vitae - kratka biografija Prof. dr Stanka Radmilovica, ex-premiera Srbije PERSONALNI PODACI: Ime i prezime: Stanko (Milana) Radmilovic Adresa: Novi Sad - 21108 Sremska Kamenica, Slobodana Bajica 49 Email: stan.radmil.@gmail.com Datum rodenja: 21. jul 1936. OBRAZOVANJE: Ekonomski fakultet: u Osijeku - industrijski smer Postiploski studije: Ekonomski fakultet u Beogradu, monetarna ekonomija Doktorat: na ekonomskom fakultetu u Beogradu, iz oblasti finansiranja investicija PROFESIONALNA/RADNA AKTIVNOST 1960 1963 u LJevaonici zeljeza, Slav Pozega, na poslovima planiranja, 1963 1967 u DIP "Lipa", Slav. Pozega, finansijski direktor i pomocnik generalnog direktora, 1967 1971 u Beocinu, finansijski direktor BFC, 1971 1973 u Vojvodanskoj banci, sef kraktorocnog kreditaranja, 1973 1976 u Beocinskoj fabrici, direktor Fabrike cementa u izgradnji i istovremeno zamenik generalnog direktora BFC, 1976 1986 u Vojvodanskoj banci Udruzenoj banci, pomocnik generalnog direktora, clan poslovodnog odbora i i direktor Ekonomskog centra za planiranje, razvoj i naucnoistrazivacki rad, 1986 1988 delegat u Skupstini SFR, clan delegacije APU u vecu republika i pokrajina, Od februara do decembra 1988, clan predsednistva SKJ, Decembar 1989 - januar 1991 predsednik Izvrsnog veca Februar juli 1991. samostalni naucni savetnik u Vojvodanskoj banci udruzenoj banci Juli 1991 decembar 1991 v.d. generalnog direktora Naftne industrije Srbije 1992 1994 samostalni naucni savetnik u Vojvodanskoj banci udruzenoj banci 1994 2001 inicijator osnivanja, najveci akcionar i generalni direktor Financing Centra a.d. u Novom sadu 2001 u penziji. UNIVERZITETSKA AKTIVNOST 1980. godine biran u zvanje docenta za predmet Ekonomska politika Jugoslavije na Pravnom fakultetu u Novom Sadu 1992. godine biran u zvanje vanrednog profesora ekonomije na Tehnickom fakultetu "Mihajlo Pupin" u Zrenjanin, Univerziteta u Novom Sadu 1994. godine izabran u zvanje redovnog profesiora za predmet Ekonomija na Univeritetu u Novom Sadu Predavao na redovnim i postiplomskim studijama na Pravnom fakultetu u Novom Sadu, Ekonomskom fakultetu u Subotici, Tehnickom fakultetu u Zrenjaninu, Ekonomskom fakultetu u Zagrebu, Rijeci, Titogradu VOLONTERSKA JANA AKTIVNOST Ucestvovao u izradi Dugorocnog programa ekonomske stabilizacije 1982. godine, prvenstveno Antinflacionog programa, Bio clan Komisije Saveznog izvrsnog veca za reformu privrednog sistema, 1988. godine, Bio clan Komisije za izradu ...

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