Global trends – effects of the crisis one year and a half after its escalation

The aim of this paper is to point out the effects of global economic crises worldwide and specially to emphasize its effects on Serbian economy. This paper is organized as follows. The first chapter provides a picture of global macroeconomic overview a year and a half after financial crisis escalation. The second chapter gives insight into the trend of commodity prices and its implications on world trade and output. The third chapter analyzed FDI trends by forms, sector and regional structure. The fourth chapter provides brief impact of the global economic crisis on Serbian economy. Finally, the last section summarize key message and indicates main conclusion of global trends and its consequences.