During the 2003,socio-economic trends in Republic of Serbia and
Montenegro were characterised by involved duty of Goverment to
implement reforms,necessary to tread up transition route.
According to the gossip of the European Bank for Reconstruction and Development (EBRD),Serbia and Montenegro taped greater advancement in carrying out of reforms than the other 27 East European countries.In its word on transition,EBRD ranked Serbia and Montenegro 3 (scale 1-4)for its external buying policy,for the activity of privatization of miniature enterprises and for asking price alleviation.
The up-to-the-minute list of global economy,especially EU is that a stronger ontogenesis rate in international reduction could not be expectable soil the end 2004.
According to the Republic progress Bureau,economic trends in Serbia in the front four months of 2003,are characterized by a holdup in financial activity,however both next to normalization of terms unadulterated amass in salaries and development in abroad profession.Exports of artifact in fundamental quantity January-April 2003 accrued by 28,6% in part to the one and the same fundamental measure of 2002.The amount of money of imports near exports in April 2003 is 41,9%.
Prices in May 2003 raised by 0,5% in abstraction on to April and
costs of aware by 0,4%.
The complete figure of on the job people at the end of March 2003
amounted to 1,782.841 (source:Republican Labour Market Bureau).Using the aforesaid point we can discern that in Serbia were 947,426 idle individuals.Mentioned figure was accumulated by 17,7% in 2003 in abstraction to 2002.
In 2003,336 enterprises were privatized at tenders and auctions,which force in EUR 159,5 million( source:republic Development Bureau).According the very source,the activity of restructuring was started in 73 large-scale financial systems.Also,the Serbian authorities adoptive the Strategy for advancement of Entrepreneurship in Serbia from 2003-2008.
The analysis of scheme upgrading in Serbia shows that the record modern urban in geographical area is Apatin next to the height of expansion 85% above standard in Serbia and on the other than side,the most undeveloped metropolis is Tutin near the expansion 76% downwards the intermediate of Serbia.
Finally,we can reason out that Serbia and Montenegro will try to be incorporate into the global cutback as in a minute as mathematical.In venom of our righteous wishes,it seems that our expectations are deeply unreasonable to be achieved fastly. Namely,after a weeklong period of stagnation,wars,low economical rate of growth,high charge of inflation
(in 1993.it was the unbeatable rate in the World),high rate of
unemployment and low political unit turnover per capita,path of reconciling will be bimestrial and problem modus operandi.Knowing that,our government will try to receive this function shorther next to noesis changes in political unit cutback and devising big staircase in transition toward the artefact and performing of advanced economies.As accelerating as our pennant of sentient gain it becomes sufficient to product progress.The prototypal grades have been yet obvious.
prof.dr Mirjana Radovic
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