Growth and real convergence in Portugal are usually analyzed after EU accession on January 1st 1986 based on real GDP per capita. There is however a lack of literature approaching the subject from a European distribution of income perspective and for a longer time period. We fill this gap by...

This chapter is focused on numerous issues with respect to establishment, operation and sustainable development of an industrial park. The reason for choosing this topic lies within a realistic assumption that light industrial development may be a generator of economic development in Serbia. On...

The aim of this chapter was to analyse the potential for innovation and competitiveness of small and medium enterprises in Serbia. Presenting the strategy and the project which are determining the innovation of small and medium enterprise, it is necessary to know their significance for the...

Radical changes in business environment, especially those that are generated by global economic/financial crisis, highlight the importance of applying modern marketing management concepts. The concept of crisis management concept provides rational analytical framework for performing necessary...

One of the primary responsibilities of economics is to build a good indicator of the magnitude of short term disequilibrium. Knowledge of the magnitude of the excess demand in the economy is essential for conducting fiscal and monetary policy. In a period of contraction when monetary policy is...

The context of competitiveness can be defined as a set of institutions, policies and factors which, in a particular economy, determine the volume of national productivity and the level of economic well-being of the population. In brief, competition reflects the capacity of a national economy to...

Ageing of population in Serbia will lead to considerable decrease in labour force in the next fifty years. Such demographic transition will cause certain economic effects. The shift in working age population structure will lead to reduced activity rates and increased dependency ratios....

The main purpose of this chapter is to analyse the pace of structural changes in the Serbian economy predominantly through comparative analysis with other countries of Western Balkans i.e. to identify the progress made in implementation these changes, main challenges and to perceive whether and...

Taking in account the role and the importance of the FDI, as well as the measures for stimulating the FDI inflows, the overall objective of this paper is to investigate attractiveness of Serbia for inwards FDI, particularly within the South-East European region. The focal point of this paper has...

The area of agricultural production is in many ways an important area of the Serbian economy. Agriculture in Serbia has extremely strong economic power, it is the basis for economy and engine for development of rural areas. Agriculture is also the only sector in Serbia with a positive foreign...