Beyond Remittances: The Role of Diaspora in Poverty Reduction in their Countries of Origin

Certain attempts to undertake reforms in the socialist economy led to reactiva- tion of the Belgrade Stock Exchange (BSE) in 1989, and it has functioned without interruption since then. The stock exchange conducts activities related to organiza- tion of trade with securities and financial derivatives. The position and activities of the stock exchange are stipulated by the Law on Securities and Other Financial Instruments’ Market, as the most important act in this area, which will be discussed in some detail below. Certain regulations of importance for the stock exchange are also contained in the Law on Corporate Societies, especially regarding issues related to the organization of the stock.

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