Research interests
macroeconomics, financial crises, economic development, history of economic thought, contemporary economic systems
Biography
Ognjen Radonjić is a Full Professor of Economics at the Faculty of Philosophy, University of Belgrade. He is a member of the Institute for Sociological Research, the World Economics Association (Bristol, United Kingdom), a full member of the Scientific Society of Economists of Serbia, and a member of the Serbian Academy of Economic Sciences. He is a former Head of the Department of Sociology and a former member of the Editorial Board of the journal Sociologija. Currently serves on the editorial board of the academic journal Limes Plus.
He is the author of the books Financial Markets: Risk, Uncertainty and Conditional Stability (2009), Crisis in the Eurozone: The Most Expensive Divorce in the World (2016), and coauthor (with Srđan Kokotović) of The Second Decade of Transition in Emerging Europe: The Age of Capital Inflows, Macroeconomic Imbalances and Financial Fragility (2012), (with Srđan Kokotović) Keynes, Minsky and Financial Crises in Emerging Markets (2014), and (with Ivan Ostojić) The Myth of the Balkan Tiger and 18 More Lessons on the Lost Decade and the Social and Economic Implosion of Serbia.
He has published numerous scholarly articles in the fields of financial markets and economic development. He earned his PhD from the Faculty of Economics, University of Belgrade.
Selected Books:
2025 — The Myth of the Balkan Tiger and 18 More Lessons on the Lost Decade and the Social and Economic Implosion of Serbia, Belgrade: Nedeljnik, first edition 252 pages; second and third editions 285 pages, ISBN 978-86-81700-42-6.
2014 — Keynes, Minsky and Financial Crises in Emerging Markets (coauthor: Srđan Kokotović), Faculty of Philosophy, Belgrade, 267 pages, ISBN 978-86-88803-55-7.
2012 — The Second Decade of Transition in Emerging Europe: The Age of Capital Inflows, Macroeconomic Imbalances and Financial Fragility (coauthor: Srđan Kokotović), Faculty of Philosophy, Belgrade, 192 pages, ISBN 978-86-86563-99-6.
Selected publications
Radonjić, O. 2023. Populist neo-traditionalism and economic neo-feudalism in the case of the Russian conquest of the Serbian oil and natural gas sector, In Dajč, H., and N. Styczynska (eds), Faces of Populism in Central and South-Eastern Europe, Krakow: Jagieillonian University Press, pp. 117–145.
Radonjić, O. & Bobić, M. 2021. Brain Drain Losses – A Case Study of Serbia, International Migration, Vol. 59 (1), pp. 5–20.
Radonjić, O. & Zec, M. 2020. The World After Coronavirus Pandemic: Changing the Development Paradigm or Perpetuating the Crisis, Journal of Contemporary Economics, No.3, pp. 6–22.
Barredo-Zuriarrain, J., Ülgen, F. & Radonjić, O. 2020. Fallacies of market-friendly financial regulation conducted by the Federal Reserve in the 1990s and 2000s, Journal of Post Keynesian Economics, Vol. 43 (4), pp. 540–575.
Radonjić, O. & Zec, M. 2018. A Fresh View Twenty Years On: The Asian Financial Debacle and the Minskyan Lessons Learnt by the International Monetary Fund, Economic Annals, Vol. LXIII, No. 218, pp. 129–156.
Radonjić, O. & Kokotović, S. 2015. Minskyan Liquidity Model Explanation of Financial Crisis in Emerging Europe, In Radošević, D. and V. Cvijanović (eds), Financialisation and Financial Crisis in South-Eastern European Countries, Frankfurt am Main, Berlin, Bern, Bruxelles, New York, Oxford, Wien: Peter Lang, pp. 107–138.
Radonjić, O. & Zec, M. 2010. Subprime Crisis and Instability of Global Financial Markets, Panoeconomicus, Scientific professional journal of Economists’ Association of Vojvodina, Vol. LVII, No. 2, Novi Sad, pp. 209–224.
Selected presentations
2025. Hipoteza finansijske nestabilnosti Hajmana Minskog pola veka kasnije. U Arsić, M., i I. Vujačić (urednici), Finansijski sistem – trenutno stanje i izazovi budućeg razvoja, Naučno društvo ekonomista Srbije sa Srpskom akademijom ekonomskih nauka i Ekonomski fakultet u Beogradu, Beograd, str. 53–66. (19.9.2024).
2014. Pyrrhic Victory: The Great War and its Immediate Consequences for Serbia’s Economy (koautor Miloš Jagodić), U Vujačić, I., and M. Arandarenko (eds)., The Economic Causes and Consequence of the First World War, Faculty of Economics University of Belgrade, 21 and 22 September 2014, str. 219–235.
2010. Potemkin Villages Once Again: Ponzi-style Economic Systems of Eastern Europe. (koautor Srđan Kokotović), Paper presented at the Hyman P. Minsky Summer Conference held in The Levy Economics Institute of Bard College, Annandale-on-Hudson NY, June 27–29, 2010.
