DEVELOPMENT STRATEGY AND COMPETITIVENESS IMPROVEMENT OF SERBIAN INDUSTRY Cover Image

СТРАТЕГИЈА РАЗВОЈА И УНАПРЕЂЕЊЕ КОНКУРЕНТНОСТИ ИНДУСТРИЈЕ СРБИЈЕ
DEVELOPMENT STRATEGY AND COMPETITIVENESS IMPROVEMENT OF SERBIAN INDUSTRY

Author(s): Živorad Gligorijević, Gorica Bošković
Subject(s): Economy
Published by: Универзитет у Нишу
Keywords: Import-substitution Strategy; Export-oriented Strategy; Development; Competitiveness; Industry

Summary/Abstract: Development and enhancement of industrial competitive advantage requires existance of a key prerequisite-suitable development strategy. Over the course of time, in the development process of industry, some countries have applied different development strategies of industry(the strategy of traditioanl industrial production, import-substitution strategy, export-oriented strategy of industrial development). At that, the best results, according to empirical researches, have realized the countries which have applied the export-oriented strategy of industrial development.While part of the Former Yugoslavia, Serbia had applied the import-substitution strategy over the long period of time.Until 1965, the strategy gave positive economic effects. However, after that, Serbia hasn't had suitable development strategy of industry which has, besides a number of other factors, caused the fall of Serbian competitive ability. Having that in mind, and beginning with the existing internal and international conditions, Serbia must define its strategy of industrial development which will primarily be based on export expansion.

  • Issue Year: 2007
  • Issue No: 02
  • Page Range: 243-252
  • Page Count: 10
  • Language: Serbian