*  *  *  By facilitating the allocation of the world’s savings to the most productive uses, the free flow of capital across national borders confers substantial economic benefits, including the promotion of economic growth. That said, we have seen a number of episodes in which international capital flows have brought with them challenges for macroeconomic adjustment, financial stability, or both.
Though generally we cannot boast any major results, what makes a difference is the perseverance and dedication of key market players to design and take all available measures to further upgrade the financial market in these turbulent times. The National Bank of Serbia is aware of its role of one of the key stakeholders, along with the Government, banks and other financial institutions.