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...

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...

Current economic crisis in Serbia was triggered primarily by pre-transitional structural instabilities and stressors influenced by uncompleted transition, both geopolitical and economic.The fact that macroeconomic policies (monetary and fiscal, primarily) did not manage to fix these problems...