We use a growth diagnostic approach to analyse the main impediments to investment and growth in Serbia. We look at a wide set of quantitative and qualitative indicators to understand if businesses are constrained by access to finance or if they forgo investment opportunities because they cannot...

We analyse the extent and evolution of informality and inequality in the Serbian labour market between 2002 and 2007, using data from the Living Standard Measurement Surveys (LSMS). Two surprising results emerge. First, the level of informal employment has risen significantly over the period,...