European Parliament Library

Republic of Serbia :, Selected Issues Paper

This Selected Issues paper on Serbia’s Article IV Consultation reviews the precrisis growth paradigm and its legacy vulnerabilities. The underlying growth model proved vulnerable to shocks, being associated with a high share of nontradable, low domestic savings, and a fragile external position. Convergence to EU income levels was relatively moderate. Economic growth fell following the onset of the global financial crisis and further slowed the pace of convergence. Serbia’s postcrisis income gap remains larger by comparison to more advanced regional economies. Structural bottlenecks continue to undermine overall competitiveness and constrain growth potential
Table Of Contents
Cover; Contents; IN SEARCH OF AN EFFECTIVE GROWTH MODEL; A. The Pre-Crisis Growth Paradigm and its Legacy Vulnerabilities; B. Policy Recommendations Towards an Effective Growth Model; FIGURE; 1. Business Environment and Growth Constraints; IMPROVING THE LABOR MARKET: CHALLENGES AND OPTIONS; A. Background; FIGURES; 1. Labor Market Indicators, 2004-2012; 2. Wage Indicators, 2009-13; B. What Are the Possible Causes of Meager Labor Market Outcomes?; 3. EBRD Transition Indicators, 2012; 4. Wage and Productivity Indicators, 2012; C. Policy Implications
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (132 p.)
Specific Material Designation
Form Of Item

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