Republic of Serbia : Selected Issues Paper

Publication Date: July 15, 2013

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Summary: 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.
Series: IMF Staff Country Reports
Subject(s): Economic growth | Labor markets | Export performance | Global competitiveness | Selected issues | Serbia

Publication Date: July 15, 2013
ISBN/ISSN: 9781484301302/1934-7685 Format: Paper
Stock No: 1SRBEA2013002 Pages: 130
US$18.00 (Academic Rate:
US$18.00 )
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