Serbia’s New Growth Agenda : Forging a New Future
Although current growth rates are improving incomes in Serbia, they are not bringing the country closer to average living standards in the European Union fast enough. To reach European levels of prosperity, Serbia must embrace a new, ambitious agen...
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| Format: | Report |
| Language: | English |
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World Bank, Washington, DC
2020
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| Online Access: | http://documents.worldbank.org/curated/en/864161585632337214/Serbia-s-New-Growth-Agenda-Forging-a-New-Future http://hdl.handle.net/10986/33564 |
| Summary: | Although current growth rates are
improving incomes in Serbia, they are not bringing the
country closer to average living standards in the European
Union fast enough. To reach European levels of prosperity,
Serbia must embrace a new, ambitious agenda for growth.
Serbia can become a fast-growing, sophisticated modern
economy, driven by its private sector, if it maintains the
hard-won gains of macroeconomic stability and advances the
transformation in the following seven areas: boosting
investment, financing growing firms, skilling workers,
raising productivity, expanding exports, enabling business,
and unleashing competition. Reforms will at once promote
growth and build needed resilience for the coming period and
beyond. The challenge is not only economic. It requires
courageous, decisive, and bold political commitment as well
as strengthening government effectiveness and accountabil |
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