- citati u SCIndeksu: 0
- citati u CrossRef-u:0
- citati u Google Scholaru:[
]
- posete u poslednjih 30 dana:2
- preuzimanja u poslednjih 30 dana:0
|
|
2007, vol. 54, br. 4, str. 461-483
|
Analiza mogućnosti uvođenja robnih fjučersa u domaći finansijski sistem
The analysis for possibilities of commodity futures introduction in national financial system
Projekat: Projekat Ministarstva nauke Republike Srbije, br. 149007: "Multi-funkcionalna poljoprivreda i ruralni razvoj u funkciji uključivanja RepublikeSrbije u Evropsku Uniju"
Sažetak
Cilj ovoga članka je da se na bazi kratke analize osnovnih karakteristika fjučersa kao robnih i finansijskih instrumenata, kao i aktuelnog trenutka razvoja domaćeg robnog i finansijskog tržišta sagledaju mogućnosti za uvođenje robnih fjučersa u domaću praksu. Godina u kojoj se nalazimo pokazala je kako neočekivane prirodne okolnosti, konkretno suša, mogu dovesti do slabijeg roda u oblasti poljoprivredne proizvodnje, što sa svoje strane ima niz negativnih posledicu, od slabije snabdevenosti tržišta, preko porasta cena i potencijalnog inflatornog udara, do drugih tržišnih poremećaja sa mnogim negativnih efektima na opštu privrednu stabilnost. U poslednjem delu rada analizirane su realne mogućnosti za uvođenje robnih fjučersa u Republici Srbiji, posebno u domenu njihove primene u oblasti agrobiznisa, kao i ukazivanje na neophodne korake koje treba preduzeti da bi do njihovog razvoja i primene zaista i došlo.
Abstract
The main goal of this Article is to, based on short analysis of basic futures characteristics as commodity and financial instruments, as well as contemporary situation of national commodity and financial market development, study the possibilities for commodity futures introduction in national financial system. The current year proved that unexpected natural circumstances, such as draught, could provoke the weaker harvest in agricultural production, having, on the other hand, many negative consequences, from poor market supply, through higher prices and potential inflation impact, to other market disturbances with many negative effects on general economic stability. The final part of the paper indicates the real possibilities for commodity futures introduction in Serbia, particularly in domain of their application in agribusiness and necessary steps which should be taken in order to realize its development and application.
|
|
|
Reference
|
|
Alexander, G.J., Sharpe, W.F. (1990) Investments. Englewood Cliffs, NJ, itd: Prentice Hall
|
2
|
Copeland, T.E., Weston, F.J. (1988) Financial theory and corporate policy. Reading, MA, itd: Addison-Wesley
|
|
Cox, J.C., Ingersoll, J.E., Ross, S.A. (1981) The relation between forward prices and futures prices. Journal of Financial Economics, br. 9
|
1
|
Danthine, J.P. (1978) Information, futures prices, and stabilizing speculation. Journal of Economic Theory, vol. 17, str. 79-98
|
13
|
Erić, D.D. (2003) Finansijska tržišta i instrumenti. Beograd: Čigoja štampa, glava VIII
|
10
|
Haugen, R.A. (1990) Modern investment theory. Englewood Cliffs, NJ, itd: Prentice Hall
|
|
Lofton, T. (1997) Getting started in futures. New York, itd: Wiley, str. 11
|
1
|
Robert, A., Jarrow, S., George, S. (1981) Oilfield: Forward and futures contracts. Journal of Financial Economics, 9, str.373
|
10
|
Ross, S.A., Westerfield, R.W., Jaffe, J.F. (1990) Corporate finance. Homewood, IL, itd: Irwin
|
|
Stuart, V.R. (2001) Stocks, bonds, options, futures. New York: New York Institute of Finance, str. 210-211
|
|
|
|