Challenges of industrial development of Serbia

Built upon education ideologies of the previous century, development of Serbian industry is not able to meet global demands of the modern, 21st century market. Innovative ongoing processes in technology and all industrial branches are global and ever more rapid, and they are circumventing the SEE re...

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Main Authors: Jakopin Edvard, Bajec Jurij
Format: Article
Language:English
Published: Economists' Association of Vojvodina 2009-01-01
Series:Panoeconomicus
Subjects:
Online Access:http://www.doiserbia.nb.rs/img/doi/1452-595X/2009/1452-595X0904507J.pdf
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author Jakopin Edvard
Bajec Jurij
author_facet Jakopin Edvard
Bajec Jurij
author_sort Jakopin Edvard
collection DOAJ
description Built upon education ideologies of the previous century, development of Serbian industry is not able to meet global demands of the modern, 21st century market. Innovative ongoing processes in technology and all industrial branches are global and ever more rapid, and they are circumventing the SEE region. The economic structure of Serbian industry at the beginning of transition was two decades old. At the beginning of 2009, after eight transition years, a short economic transition summary is as follows: the trailing caused by the events of the 1990s is very hard to cope with and we are only half through with this task; on the other hand, we are lagging behind EU-15 and EU-10 more and more. Apart from the analysis of structural non-adjustment of the industrial system and its impact on the macroeconomic balance, the paper underlines a significant role of the state in the formulation of industrial policy.
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spelling doaj.art-b62b1533ad424311a37fc6b89a0cb0bc2022-12-21T19:43:06ZengEconomists' Association of VojvodinaPanoeconomicus1452-595X2009-01-0156450752510.2298/PAN0904507JChallenges of industrial development of SerbiaJakopin EdvardBajec JurijBuilt upon education ideologies of the previous century, development of Serbian industry is not able to meet global demands of the modern, 21st century market. Innovative ongoing processes in technology and all industrial branches are global and ever more rapid, and they are circumventing the SEE region. The economic structure of Serbian industry at the beginning of transition was two decades old. At the beginning of 2009, after eight transition years, a short economic transition summary is as follows: the trailing caused by the events of the 1990s is very hard to cope with and we are only half through with this task; on the other hand, we are lagging behind EU-15 and EU-10 more and more. Apart from the analysis of structural non-adjustment of the industrial system and its impact on the macroeconomic balance, the paper underlines a significant role of the state in the formulation of industrial policy.http://www.doiserbia.nb.rs/img/doi/1452-595X/2009/1452-595X0904507J.pdfindustrial challengesmacroeconomic effectsstructural changescompetitivenessindustrial policy
spellingShingle Jakopin Edvard
Bajec Jurij
Challenges of industrial development of Serbia
Panoeconomicus
industrial challenges
macroeconomic effects
structural changes
competitiveness
industrial policy
title Challenges of industrial development of Serbia
title_full Challenges of industrial development of Serbia
title_fullStr Challenges of industrial development of Serbia
title_full_unstemmed Challenges of industrial development of Serbia
title_short Challenges of industrial development of Serbia
title_sort challenges of industrial development of serbia
topic industrial challenges
macroeconomic effects
structural changes
competitiveness
industrial policy
url http://www.doiserbia.nb.rs/img/doi/1452-595X/2009/1452-595X0904507J.pdf
work_keys_str_mv AT jakopinedvard challengesofindustrialdevelopmentofserbia
AT bajecjurij challengesofindustrialdevelopmentofserbia