2012 was a tough year for Serbia because transition was not completed yet and the economy went sharply into reverse. Last year the accession process to the EU slowed down and economic growth shrank by 2% which is much more than expected. Deterioration of macroeconomic fundamentals during the...

These days, the effects of the combined crisis in Serbia have been larger than ever. Serbia was already in a transitional recession when it entered global economic crisis of 2008. The global double dip recession and this domestic recession, caused by structural imbalances before and during the...

Serbia’s economic crisis is not cyclical, but structural. Our starting point is that reindustrialization is the cornerstone of the anti-crisis program and the road map for coordinated response to the crisis. The article incorporates four sections, along with Introduction and Conclusion. The...