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The effects of world financial crisis on the Serbian economy 2009 http://ezaposleni.singidunum.ac.rs/rest/sciNaucniRezultati/oai/record/1/1388 S. Čerović P. Petrović S. Batić World financial crisis has negative effects on the Serbian economy. Monetary and financial markets are unsettled. National currency has permanent decrease in relation to euro and dollar. Bank’s credit activity is turning down contemporaneously with price increases credit and reduction in the volume of cross borders credits. Stock exchanges are becoming weaker and reduce dealing volume simultaneously with the reduction of index value of the most liquid shares among the Serbian enterprises. This paper includes the analysis of the question of foreign direct investment (FDI) in the Serbian economy, export slowdown and economy growth, as well as investment reduction. This situation can lead to social problems and tensions caused by forced slowdown of consumption dynamics. The main effects of the crisis manifest by overflow of the effects of financial crisis to the real sector of the economy. The year 2009 will be the period of stagnation and survival for the citizens of Serbia. The questionnaire, which is a component part of this paper, was carried out among the selected sampler of the citizens and regards the influence of the current financial crisis on life standard. conferenceObject UACS International annual research conference ‘Europe in Crisis,Skopje,29.-30.05.2009