Economy Modernization Of Serbia And International Economy Flows Cover Image

Економска модернизација Србије и међународни економски токови
Economy Modernization Of Serbia And International Economy Flows

Author(s): Ivana M. Božić Miljković
Subject(s): Economy
Published by: Универзитет у Нишу
Keywords: modernization; economy; investment; Serbia; international economic relations; globalization; regionalization

Summary/Abstract: The transition process in which Serbia is a full twenty years has led to a significant restructuring of its economic system and laid the foundations for the development of market economy. However, this process is also pointed out mistakes in the economic system created by 90's of the twentieth century and made visible the consequences. One of the major problems of the Serbian economy today is the low technological intensity of production and lack of competitiveness of domestic production on foreign markets. This has contributed to the process of de-industrialization that has, as an integral part of the transition began little more than two decades. Since the industrial sector is the backbone of economic development of Serbia, it is necessary to take measures as soon as possible and make efforts towards its revitalization and modernization. The process of joining the European Union includes the construction of a modern and stable economy based on knowledge, high-quality education and improvement of human resources. Contemporary processes of globalization and regionalization even more emphasize the necessity of economic modernization and emphasize the need for turning the new Serbia, export-oriented model of economic growth and development.

  • Issue Year: 2012
  • Issue No: 04
  • Page Range: 1739-1761
  • Page Count: 23
  • Language: Serbian