Labus, Miroljub - In: Serbian Association of Economists Journal (2012) 1-2, pp. 33-40
It is reasonable to expect the Serbian economy to decline up to -1% in 2012. A double-dip recession is inevitable. Lessons from the previous recession in 2009 suggest that an expansionary fiscal policy has clear limits, and that any misalignment of economic policies might be highly costly.This...