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Serbia's New Growth Agenda

World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online

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Format:
Book
Government document
Author/Creator:
World Bank Group.
Series:
Country Economic Memorandum.
World Bank e-Library.
Country Economic Memorandum
Language:
English
Subjects (All):
Economic Growth.
Enterprise Development and Reform.
Fiscal and Monetary Policy.
Labor Markets.
Macroeconomics and Economic Growth.
Private Sector Development.
Skills Development and Labor Force Training.
Social Protections and Labor.
Local Subjects:
Economic Growth.
Enterprise Development and Reform.
Fiscal and Monetary Policy.
Labor Markets.
Macroeconomics and Economic Growth.
Private Sector Development.
Skills Development and Labor Force Training.
Social Protections and Labor.
Place of Publication:
Washington, D.C. : The World Bank, 2019.
System Details:
data file
Summary:
Serbia is not growing as fast it could. Investment and productivity are low and slow growing; and the continuing large role of the state in the economy makes it difficult for the private sector to accelerate economic growth. Serbia is well-positioned to turn itself into a fast-growing, sophisticated modern economy, driven by its private sector. To succeed, Serbia needs a new strategy, a New Growth Agenda (NGA) to speed up growth, enable catch-up with its peers in Central and Eastern Europe and hasten convergence with the EU.

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