Limitation for sustainable development of the Republic of Serbia
In the first part of the paper we analyze core limiting factor for sustainable development in Serbia - delay of transition process, and unused experience of countries that had been in transition. Even one decade later, Serbia is not acknowledged post-Washington consensus recommendations based on the...
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Format: | Article |
Language: | English |
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University of Pristina in Kosovska Mitrovica, Faculty of Economics
2015-01-01
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Series: | Ekonomski Pogledi |
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Online Access: | https://scindeks-clanci.ceon.rs/data/pdf/1450-7951/2015/1450-79511501013M.pdf |
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author | Milenković Dragana Milenković Ivan |
author_facet | Milenković Dragana Milenković Ivan |
author_sort | Milenković Dragana |
collection | DOAJ |
description | In the first part of the paper we analyze core limiting factor for sustainable development in Serbia - delay of transition process, and unused experience of countries that had been in transition. Even one decade later, Serbia is not acknowledged post-Washington consensus recommendations based on the experiences of some countries in Central and Eastern Europe. If sustainable development is understood as a country's ability to function in the given capacity, it is clear why in that second part of the paper we analyze the external imbalance of the Serbian economy. In the third part of the paper we analyze the recommendations for a new strategy of sustainable development. The economic development today is based on three sectors: financial intermediation, retail and wholesale trade, transportation, and telecommunications - that belong to non-exchangeable sector of the economy. Serbia needs to strengthen exchangeable sector in order to have export-stimulated growth instead of demand-stimulated growth. |
first_indexed | 2024-04-24T13:57:32Z |
format | Article |
id | doaj.art-176b1dd9060043bf938640177c04f510 |
institution | Directory Open Access Journal |
issn | 1450-7951 2334-7570 |
language | English |
last_indexed | 2024-04-24T13:57:32Z |
publishDate | 2015-01-01 |
publisher | University of Pristina in Kosovska Mitrovica, Faculty of Economics |
record_format | Article |
series | Ekonomski Pogledi |
spelling | doaj.art-176b1dd9060043bf938640177c04f5102024-04-03T16:28:32ZengUniversity of Pristina in Kosovska Mitrovica, Faculty of EconomicsEkonomski Pogledi1450-79512334-75702015-01-01171132410.5937/EkoPog1501013M1450-79511501013MLimitation for sustainable development of the Republic of SerbiaMilenković Dragana0https://orcid.org/0000-0002-3098-7630Milenković Ivan1https://orcid.org/0000-0002-2947-8118University of Priština, Faculty of Economics Kosovska Mitrovica, SerbiaUniversity of Novi Sad, Faculty of Economics, Subotica, SerbiaIn the first part of the paper we analyze core limiting factor for sustainable development in Serbia - delay of transition process, and unused experience of countries that had been in transition. Even one decade later, Serbia is not acknowledged post-Washington consensus recommendations based on the experiences of some countries in Central and Eastern Europe. If sustainable development is understood as a country's ability to function in the given capacity, it is clear why in that second part of the paper we analyze the external imbalance of the Serbian economy. In the third part of the paper we analyze the recommendations for a new strategy of sustainable development. The economic development today is based on three sectors: financial intermediation, retail and wholesale trade, transportation, and telecommunications - that belong to non-exchangeable sector of the economy. Serbia needs to strengthen exchangeable sector in order to have export-stimulated growth instead of demand-stimulated growth.https://scindeks-clanci.ceon.rs/data/pdf/1450-7951/2015/1450-79511501013M.pdfcorporate managingprivatizationexport structuresector of exchangable and non-exchangable goodsforeign debt |
spellingShingle | Milenković Dragana Milenković Ivan Limitation for sustainable development of the Republic of Serbia Ekonomski Pogledi corporate managing privatization export structure sector of exchangable and non-exchangable goods foreign debt |
title | Limitation for sustainable development of the Republic of Serbia |
title_full | Limitation for sustainable development of the Republic of Serbia |
title_fullStr | Limitation for sustainable development of the Republic of Serbia |
title_full_unstemmed | Limitation for sustainable development of the Republic of Serbia |
title_short | Limitation for sustainable development of the Republic of Serbia |
title_sort | limitation for sustainable development of the republic of serbia |
topic | corporate managing privatization export structure sector of exchangable and non-exchangable goods foreign debt |
url | https://scindeks-clanci.ceon.rs/data/pdf/1450-7951/2015/1450-79511501013M.pdf |
work_keys_str_mv | AT milenkovicdragana limitationforsustainabledevelopmentoftherepublicofserbia AT milenkovicivan limitationforsustainabledevelopmentoftherepublicofserbia |