Analiza zlata kao monetarne i međunarodne pričuve

master's thesis

• Title (english): The analysis of gold as a monetary an international reserve
• Author: Paulina Gaši
• Mentor: Marijana Ivanov (mentor)
• Committee member: Gordana Kordić (član povjerenstva)
• Committee member: Martina Solenički (član povjerenstva)
• Granter: University of Zagreb; Faculty of Economics and Business; (Department of Finance); Zagreb
• Defense date and country: 2024-10-24, Croatia
• Scientific / art field, discipline and subdiscipline: SOCIAL SCIENCES; Economics; Finance

Abstract

Tijekom povijesti zlato je uvijek zauzimalo bitnu ulogu u ljudskim životima. Zbog svojih svojstava i karakteristika oduvijek je na glasu kao nešto jako vrijedno. Osim što se koristilo za izradu nakita, u industriji te u umjetnosti, zlato se koristilo i kao sredstvo plaćanja. U početcima se od njega kovao novac, zatim je služilo kao podloga papirnatom novcu, nakon toga dolazi do demonetizacije zlata te uvođenja fiducijarnog novca. Fiducijarni novac nema materijalnu podlogu za svoju vrijednost već se ona temelji na povjerenju stanovništva u vladu i njezinu monetarnu politiku. Jedan od načina na koji države održavaju razinu povjerenja u svoj monetarni sustav je držanje monetarnih pričuva. Između ostalog, u strukturi monetarnih pričuva nalazi se i zlato. Razlozi iz kojih države drže zlato u svojim rezervama razlikuju se kod zemalja u razvoju i zemalja s razvijenim ekonomijama. Temeljna je razlika u tome što zemlje u razvoju drže zlato kao osiguranje od neizvjesnosti ekonomske politike, a zemlje koje imaju razvijenu ekonomiju drže ih kao osiguranje od geopolitičkih rizika. Kada se govori o cijenama zlata, poznato je da ona raste za vrijeme globalnih kriza.

Abstract (english)

Throughout history, gold has always played an important role in human life. Due to its properties and characteristics, gold is reputed to be something very valuable. In addition to being used to make jewelry, in industry and in art, gold was also used as money. In the beginning, money was minted from it, then it served as a base for paper money, after that came the demonetization of gold and the introduction of fiduciary money. Fiduciary money has no material basis for its value, but it is based on the trust of the population in the government and its monetary policy. One of the ways in which countries maintain a level of confidence in their monetary system is by holding monetary reserves. Among other things, the structure of monetary reserves includes gold. The reasons for which countries keep gold in their reserves differ between developing countries and countries with developed economies. The fundamental difference is that developing countries hold gold as insurance against the uncertainty of economic policy, and countries with developed economies hold it as insurance against geopolitical risks. When talking about gold prices, it is known to rise during global crises.

• Keywords: zlato; zlatni standard; fiducijarni novac; monetarne pričuve; monetarno zlato
• Keywords (english): gold; gold standard; fiduciary money; monetary reserves; monetary gold
• Language: croatian
• URN:NBN: urn:nbn:hr:148:519756
• Study programme: Title: Business economics; Study programme type: university; Study level: integrated undergraduate and graduate; Academic / professional title: sveučilišni magistar ekonomije/sveučilišna magistra ekonomije (sveučilišni magistar ekonomije/sveučilišna magistra ekonomije)
• Type of resource: Text
• File origin: Born digital
• Access conditions: Access restricted to students and staff of home institution
• Created on: 2024-10-29 18:32:14