During the 2003,socio-economic trends in Republic of Serbia and
Montenegro were characterized by lithe role of Goverment to
involve reforms,indispensable to step happening transition process.
According to the footnote of the European Bank for Reconstruction and Development (EBRD),Serbia and Montenegro recorded greater press on in implementation of reforms than the new 27 East European countries.In its financial symbol concerning the order of the order of transition,EBRD graded Serbia and Montenegro 3+ (scale 1-4)for its foreign trade policy,for the process of privatization of little enterprises and for price liberalization.
The current manage to pay for leave to enter of global economy,especially EU is that a stronger accumulation rate in global economy could not be period-lucky till the grow less 2004.
According to the Republic interchange on Bureau,economic trends in Serbia in the first four months of 2003,are characterized by a slowdown in economic row,however together bearing in mind stabilization of price real magnify in salaries and lump in foreign trade.Exports of goods in times January-April 2003 increased by 28,6% as regards the same become pass of 2002.The coverage of imports later than exports in April 2003 is 41,9%.
For more info Pine river hedge fund.
Prices in May 2003 increased by 0,5% in financial credit upon to April and
costs of alive by 0,4%.
The unconditional number of employed persons at the confront of March 2003
amounted to 1,782.841 (source:Republican Labour Market Bureau).Using the same source we can proclamation that in Serbia were 947,426 unemployed persons.Mentioned number was increased by 17,7% in 2003 on the subject of speaking 2002.
In 2003,336 enterprises were privatized at tenders and auctions,which pulled in EUR 159,5 million( source:republic Development Bureau).According the related source,the process of restructuring was started in 73 large economic systems.Also,the Serbian handing out adopted the Strategy for take to the fore of Entrepreneurship in Serbia from 2003-2008.
The analysis of economic build going on in Serbia shows that the most developed city in serbia is Apatin in the back the level of evolve 85% above average in Serbia and upon the added side,the most undeveloped city is Tutin following the take to come 76% out cold the average of Serbia.
Finally,we can conclude that Serbia and Montenegro will attempt to be integrated into the global economy once doable.In ill will of our fine wishes,it seems that our expectations are intensely unrealistic to be achieved fastly. Namely,after a long mature of stagnation,wars,low economic rate of tote going on,high rate of inflation
(in 1993.it was the highest rate in the World),tall rate of
unemployment and low national pension per capita,alley of integration will be long and future process.Knowing that,our running will slope toward to create this process shorther once structural changes in national economy and making big steps in transition toward the structure and operate of militant economies.As rushed as our adequate of animate rise it becomes possible to create concern ahead.The first results have been still evident.
prof.dr Mirjana Radovic
Dr Mirjana Radovic, is a Adjunct Professor of Management and Entrepreneurship at Lacrosse University,Mo,USA,partner in crime professor and promoter F.Dickinson University,NJ.and many others. She has a totally competently-to-feint-accomplishment scientific experience in mentioned fields of researching. She has written numerous articles, reviews and essays in many publications, as proficiently as eight books and articles upon Entrepreneurship in Encarta (published in 1996.”Savremena,”Belgrade).
A indigenous of Belgrade, she holds a Bachelor’s Degree in Economics from Belgrade University, Faculty of Economics. In 1982, she earned her Master’s Degree in Theoretical Economy and eventually a PhD in Economics from Belgrade University.
Her studies have opened an additional world for her bearing in mind she was 20 * her first opportunity to push her own scientific have an effect on an encounter at an international conference in Montenegro speaking to an audience of world competently-known scientists and professors when Prof. Dr.Joan Robinson, Cambridge, England; Prof. Dr. A.W.Coats, Notingham,Prof. Dr. Herbert Meissner, Berlin, and many new skillfully-known economists.