Stanko Radmilovic

Financial Revolution, rapid financial development. Would scientific authority mitigate premature praise? Stanko Radmilovic

Scientific Study from the year 2013 in the subject Economics - Macro-economics, general, University of Novi Sad, course: Economics, language: English, comment: Prof. dr Stanka Radmilovic, ex-premier of Serbia Novi Sad - 21108 Sremska Kamenica, Slobodana Baji?a 49 E-mail: stan.radmil.@gmail.com Personal Web site: http://radmilovicstanko.com/ , abstract: There is almost no dispute about that in the past few decades there has been great, "dramatic", "fundamental", "revolutionary" changes in the world of finance, which many authors call the "new" financial "revolution". These changes have led to the modern financial world changed drastically, that is unrecognizably different from the one of the only 30 days - 50 years. Increasingly, we meet the term "financial world". It is used as a synonym for Finance to refer to the fact that they gained greater individuality than they had before, when they been encompassed, too, eith the colloquial notion of "world money". However, the notion "World Money" and "World Finance", althoughi closely, not identical. But neither quite different: the world of money and financial world can be said to have been part of the same, but also that each of them is different (narrower and / or wider) than the other. Compiled term "World Money and Finance" is comprehensive, but it is enough pleonastic and thus not absolutely accurate.