Discrimination against lesbian, gay, bisexual, transgender, and intersex (LGBTI) people is widespread, and LGBTI exclusion from economic markets, vital services, and political spaces is entrenched. This is not just an individual problem; it is a development challenge; not only because...

A Public Expenditure and Financial accountability (PEFA) repeat assessment was conducted in the Republic of Serbia (RoS) between November 2014 and May 2015 by an independent team of experts, led by the World Bank (WB). The assessment was financed jointly by the Strengthening of Accountability...

Since the global economic and financial crisis of 2008, Serbia has struggled with a weak economy and a deteriorating fiscal position. Until 2008, fiscal deficits were moderate and public debt declined significantly. Since the start of the global economic and financial crisis in 2008, however,...

This disaster risk financing country note for Serbia provides an overview of the way its government currently finances the costs imposed by natural disasters. Meanwhile, poverty deepened after the financial crisis and during the recessions of 2012 and 2014, mainly because of losses in employment...

This report focuses on better understanding the factors that influence women's economic opportunities in particular, an area in which significant inequalities remain. Women's economic opportunity is defined as a set of laws, regulations, and practices that allow women to participate in the...

Reform of the judiciary is a key element of Serbia's European Union (EU) accession process, and in ensuring sustainable economic growth and delivering justice to Serbian citizens and businesses. Reform of the judiciary has been ongoing since the regime change in 2000. However, efforts...

The government's public financial management (PFM) Reform Program 2016-2020 foresees the gradual transition of public sector financial reporting from a cash basis to an accrual basis of accounting and the application of International Public Sector Accounting Standards (IPSAS). This will...

Despite a slight increase in female labor participation between 2012 and 2013, employment rates in Serbia stood at 40.1 percent for women in 2013, almost 15 percentage points below employment rates for men (at 54.9 percent). International evidence shows that support for childcare and eldercare...

Prospects for faster, more sustainable economic growth and higher living standards in Serbia rely on increasing employment opportunities for all. By maintaining the current structure of labor participation, Serbia is not capitalizing on its educated young population, as only 48 percent of...

Discrimination against lesbian, gay, bisexual, transgender and intersex (LGBTI) people is widespread and LGBTI exclusion from economic markets, vital services and political spaces is entrenched. This is not just a personal problem, it is a development challenge; not only because discrimination is...