The effects of financial instruments in conditions of crisis in Serbia

This paper discusses the influence of the application of financial instruments in the Republic of Serbia. The global economic crisis, the effects of which will last for a long time, has left a significant impression on our country and its development. Our government has taken as its objective, and is developing guidelines for, a more efficient development process. Thus our interest is in this subject. The work is oriented more like an essay, but includes much data from scientific research. The aim of this project is to create strategic plans to raise confidence in financial instruments. This should begin to move the country out of the current state of crisis. A financial instrument is a contractual relationship that creates a right to the funds of counterparty and a financial liability for the other party or where there is an increase in capital of the other. Instruments that appear in our paper: shares (shares, stock), bonds (bonds and notes), and warrants (warrants). This paper consists of four chapters and concluding remarks. The first part presents the genesis of financial instruments, while the second chapter explains their types and functions. The third part covers strategic planning, while the fourth part is devoted to the current state of the economy in the Republic of Serbia. The concluding discussion summarizes the proposed strategic development goals and outlines possibilities for overcoming the crisis. Keywords: economic crisis, financial instruments, monetary refor