Strong home currency harms exporters

Great article!
This sort of economic related articles are rare in B92. But more rare are the comments on it!

This clearly shows that obviously Serbs have been concentrated in macro-politics for a long time and they don't see the internal problems, reforms, lack of education, war crimes, and economy - welfare of the citizen.

The lack of serbian comments under this article is an index of my arguments.

Yes the strong dinar is a problem that needs to be resolved.

That would be done by directing national bank policy which has been bad in the past. Time to punish the import lobby (who have had it easy for too long) and to increase Serbian exports with the knock on effect of creating new jobs.

ron, actually I don't think most of those people only concerned with grand issues have the slightest clue about the economy. It isn't sexy enough for them and there is no easily identifiable enemy to get their blood going.

Time to step up to the plate Frankenstein. Show us what you can do to solve this problem and prove "us" wrong. We are waiting...

well, i know companies from my country that would invest, but they are on a stand-by because of Serbia's unsure european path. So, i`m not sure if the strong dinar is the main obstacle, or if the political and economical situation is your main problem.

The suggestion that overvalued currency hinders economy is a false cliché. the real problem is that it is the central bank and not the market that determines the value of a currency. Still, the market forces will eventually overcome any central bank´s decisions in the long run. The current state of a USD is a great example. The dollar fell because of imbalance of export-import in the USa and a shortage of liquidity, so the US central bank devalued it even more by supplying more money. I hope the Serbian economy will grow in its export and with that the value of dinar will inevitably rise. I am sure there are other things to export than raspberries. It will only take a little time (ex. Fiat-Zastava deal)

Time to step up to the plate Frankenstein. Show us what you can do to solve this problem and prove "us" wrong. We are waiting...

Great article!
This sort of economic related articles are rare in B92. But more rare are the comments on it!

This clearly shows that obviously Serbs have been concentrated in macro-politics for a long time and they don't see the internal problems, reforms, lack of education, war crimes, and economy - welfare of the citizen.

The lack of serbian comments under this article is an index of my arguments.

Yes the strong dinar is a problem that needs to be resolved.

That would be done by directing national bank policy which has been bad in the past. Time to punish the import lobby (who have had it easy for too long) and to increase Serbian exports with the knock on effect of creating new jobs.

ron, actually I don't think most of those people only concerned with grand issues have the slightest clue about the economy. It isn't sexy enough for them and there is no easily identifiable enemy to get their blood going.

well, i know companies from my country that would invest, but they are on a stand-by because of Serbia's unsure european path. So, i`m not sure if the strong dinar is the main obstacle, or if the political and economical situation is your main problem.

The suggestion that overvalued currency hinders economy is a false cliché. the real problem is that it is the central bank and not the market that determines the value of a currency. Still, the market forces will eventually overcome any central bank´s decisions in the long run. The current state of a USD is a great example. The dollar fell because of imbalance of export-import in the USa and a shortage of liquidity, so the US central bank devalued it even more by supplying more money. I hope the Serbian economy will grow in its export and with that the value of dinar will inevitably rise. I am sure there are other things to export than raspberries. It will only take a little time (ex. Fiat-Zastava deal)