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This report looks beyond the current global financial crisis to the restoration of dynamic long-run growth in Serbia …. The answer in this report is that Serbia will need to fundamentally alter its growth model to compete effectively in world … its course in all European countries. Serbia must shift to a greater export orientation so that it can attain the major …
Persistent link: https://www.econbiz.de/10012550619
This report looks beyond the current global financial crisis to the restoration of dynamic long-run growth in Serbia …. The answer in this report is that Serbia will need to fundamentally alter its growth model to compete effectively in world … its course in all European countries. Serbia must shift to a greater export orientation so that it can attain the major …
Persistent link: https://www.econbiz.de/10012550620
Beginning in the late 1990s, Montenegro's economic reform program reached momentum in the early 2000s. Its reform program rested on two broad pillars: macroeconomic stabilization, and market-oriented structural reforms. However, the macroeconomic and structural reforms have yielded modest...
Persistent link: https://www.econbiz.de/10012553515
Upon resumption of its transition to a market economy in late-2000, Serbia made good initial progress across a range of … elements of Serbia's recent performance are not sustainable without further adjustment and sustained reform. This report … analyzes Serbia's recent performance and near-term reform priorities, in five areas which are particularly important for growth …
Persistent link: https://www.econbiz.de/10012559293
Big cities are becoming even bigger and these have been and will be the key drivers of economic growth in Serbia …. Belgrade, Novi Sad, Nis and Kragujevac, Serbia's four largest cities contributed to about 60 percent of the increase of value … market for Serbia. Spatially uneven growth caused differences in living standards. Wages did not play significant role, as …
Persistent link: https://www.econbiz.de/10012557493
Serbia needs to transition to a greener growth model for internal and external reasons. Internally, Serbia's economy is … candidate country for EU membership, Serbia also needs to react to external influences by aligning domestic policies with the EU … resilient growth in Serbia can begin. First, environmental fiscal reforms are needed to incentivize the adoption of more …
Persistent link: https://www.econbiz.de/10013544868
Persistent link: https://www.econbiz.de/10000563269
"The authors develop an endogenous growth model that combines structural change with repeated product improvement. That is, the technologies in one sector of the model become not only increasingly capital-intensive, but also progressively productive over time. Application of the basic model to...
Persistent link: https://www.econbiz.de/10011394199
Persistent link: https://www.econbiz.de/10003171670
Persistent link: https://www.econbiz.de/10003171672