European Parliament Library

Republic of Serbia :, 2013 Article IV Consultation

This staff report on the Republic of Serbia’s Article IV Consultation highlights economic background and policies. The global financial crisis exposed Serbia’s unsustainable growth model and its key vulnerabilities. Robust growth has not taken off, and economic activity is below precrisis levels amid widespread structural rigidities. Serbia’s economy is recovering from recession but faces multiple challenges. The successful launch of Fiat production in 2012 is contributing to growth this year, and inflation is declining. Potential growth is constrained by multiple structural hurdles resulting from unfinished structural reforms. Rebalancing the policy mix and launching a comprehensive package of structural reforms are critical to unlocking Serbia’s growth potential
Table Of Contents
Cover; CONTENTS; CONTEXT; BOXES; 1. Implementation of Past Fund Advice; RECENT ECONOMIC DEVELOPMENTS; OUTLOOK AND RISKS; POLICY DISCUSSIONS: ACHIEVING MACROECONOMIC STABILITY AND SUSTAINED GROWTH; A. Fiscal Policy: Restoring Public Debt Sustainability; B. Monetary and Exchange Rate Policy: Keeping Inflation Under Control; C. Financial Sector: Preserving Stability and Reviving Credit Growth; D. Structural Reform: Strengthening Competitiveness and Growth; STAFF APPRAISAL; 2. Structural Fiscal Challenges; 3. External Sustainability Assessment; 4. Experience with Containing the Public Wage Bill
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (72 p.)
Specific Material Designation
Form Of Item

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