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Journal of Central Banking Theory and Practice

Print edition ISSN 1800-9581
Web edition ISSN 2336-9205

About this Journal

The Journal of Central Banking Theory and Practice is a scientific and professional journal that the Central Bank of Montenegro publishes thrice a year. The journal has been published since 2012. The most stringent international standards are followed in the publication of papers and reviews which imply “double-blind” review.

This is an open access journal which means that all content is freely available without charge to the user or his/her institution. Users are allowed to read, download, copy, distribute, print, search, or link to the full texts of the articles in this journal without asking prior permission from the publisher or the author. This is in accordance with the BOAI definition of open access. 

In order to ensure high ethical standards, the Journal of Central Banking Theory and Practice adheres to the basic ethical requirements for scientific publications established by the Committee on Publication Ethics (COPE). Authors and Reviewers are expected to observe the principles and guidelines of ethical conduct of the Committee on Publication Ethics.
All potential authors are invited to submit their papers in line with the Guideline for Authors. The deadline for paper submission for the next issue is 15 April 2015.

    About this Journal


    Author Guidelines


    Editorial Board


    Current issue




Starting from the Volume 3, Number 1, electronic publishing is provided by the De Gruyter Open

Current issue
Volume 3, Number 3

Snežana Radukić, Milica Radović
Long Term Trend Analysis in the Capital Market – The Case of Serbia

Ana Vlahović
Challenges to the Implementation of a New Framework for Safeguarding Financial Stability

Shkendije Himaj
Corporate Governance in Banks and its Impact on Risk and Performance: Review of Literature on the Selected Governance Mechanisms

Borivoje D. Krušković, Tina Maričić
Empirical Analysis of the Impact of Inflation Targeting on the Risk Premium

Ristan Stijepović
Recovery and Reduction of Non-Performing Loans – Podgorica Approach

Igor Pejović
Book review “The Art of Money Management” by Radoica Luburić and Nikola Fabris







































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