Th rough offi cial unilateral dollarization, the economic system of Montenegro faced the records of real costs and benefi ts, which fi nally resulted in economic indicators. Th e absence of sovereignty, i.e. independence of monetary policy and exchange rate policy, decreases monetary factors' eff ects which are measured by realized macroeconomic performances. Because offi cial dollarization should promote credibility, macroeconomic stability and sustainable growth, it is necessary to make a distinction between monetary regime calculus in Montenegro before initiating crisis structural disorder from the period of the eff ectuation of adverse trends, for the purpose of providing fi nal evaluation of the functioning of dollarized economy. Empirical research conducted to show the eff ects of the offi cial dollarization in Montenegro explicitly emphasized the specifi c weight of costs and benefi ts, suggesting that achieved macroeconomic performances are not exclusively the result of monetary regime functioning.
The paper starts from the assumption that the significant reduction of the inflation problem is a result of the long-term dynamics of economic growth in countries with developing markets and, as a result, operational inability of multinational companies to increase accumulation through the policy of raising prices by creating space for their full expansion. We believe that in such circumstances civil theories on the causes of inflation are dominantly of class character. We check negative repercussions of low inflation on the examples of the countries of South-East Europe, in the regimes with fixed and flexible exchange rates, and with different strategies of monetary policy. We conclude that destructive implications of the financial crisis and psychological factors have a negative impact on a sustainable low-inflation environment, regardless of the monetary-exchange regime. We propose that low and stable inflation rates can be followed by a series of negative implications for the overall economic system, which our analysis of the observed countries proves.
Background: With the occurrence of the crisis in 2007, which caused the largest economic contraction since the Great Depression in the thirties, it has become evident that the previous understanding of strategies, effects and roles of monetary and fiscal policy should be redefined. Objectives: The aim of this paper is to illustrate a possible expected change in monetary and fiscal policy in developed market economies that could occur as a consequence of the Great Recession. Methods/Approach: The paper provides a comparative analysis of various primary economic variables related to the developed OECD countries, as well as the empirical testing of the selected theoretical assumptions. Results: The changes in monetary policy refer to the question of raising target inflation, considering a possible use of aggregate price level targeting and paying attention to the role of central banks in suppressing the formation of an asset bubble. The success of fiscal policy in attaining stabilization depends on the size of possible fiscal measures and creation of automatic stabilizers. Conclusions: For the most part, monetary and fiscal policies will still stay unchanged, although some segments of these policies need to be improved.
With this paper are examines the main characteristics of Albanian business and their readiness to support this new way of management. Efforts were made to give answer to the question: "Can IT be used by businesses in Albania? Are businesses in Albania ready and convenient for the advantages of IT use? In order to examine the IT and importance to use it not only like hardware but and with information systems we try to present this between an Albanian information system as personal experience. We try to demonstrate that IT is so necessary and can create advantages for businesses. A recent survey of the Approved Accountants Association showed that a very large number of businesses in Albania hesitate to use computer technology. Most believe it's either a non-necessary expense or it's too early to start using it. The following arguments should give business owners and managers some insight on what Information Technology could do for them. The conclusion is that the trend of the Albanian business is to get all benefits out of IT.
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