2009
DOI: 10.2298/pan0904507j
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Challenges of industrial development of Serbia

Abstract: Built upon education ideologies of the previous century, development of Serbian industry is not able to meet global demands of the modern, 21st century market. Innovative ongoing processes in technology and all industrial branches are global and ever more rapid, and they are circumventing the SEE region. The economic structure of Serbian industry at the beginning of transition was two decades old. At the beginning of 2009, after eight transition years, a short economic transition summary is as follows: the tra… Show more

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Cited by 10 publications
(3 citation statements)
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“…The process of transition in Serbia in the late 20th century, accompanied with all the unfavorable circumstances and events in the country and external factors, led Serbia to become one of the most prominent examples of regional imbalance among European countries. First of all, the failure of massive privatization (the share of private-sector employees in the total labor force increased from 14.8% in 2000 to 25.3% in 2005 [57]), led to the collapse of industrial production (the number of workers in Serbian industry declined by more than half a million compared to 1990 [58]; the physical volume index of industrial production at the end of 2017 was two times lower (51%), i.e., it was at the same level as in 1972 [59], resulting in a large share of the unemployed population (over 25%, at the beginning of the 21st century [57]). Due to the collapse of industry in the 1990s, medium-sized towns lost their status as poles of development in their regional environment.…”
Section: How Is It That the Urban System Has Become Monocentric?mentioning
confidence: 99%
“…The process of transition in Serbia in the late 20th century, accompanied with all the unfavorable circumstances and events in the country and external factors, led Serbia to become one of the most prominent examples of regional imbalance among European countries. First of all, the failure of massive privatization (the share of private-sector employees in the total labor force increased from 14.8% in 2000 to 25.3% in 2005 [57]), led to the collapse of industrial production (the number of workers in Serbian industry declined by more than half a million compared to 1990 [58]; the physical volume index of industrial production at the end of 2017 was two times lower (51%), i.e., it was at the same level as in 1972 [59], resulting in a large share of the unemployed population (over 25%, at the beginning of the 21st century [57]). Due to the collapse of industry in the 1990s, medium-sized towns lost their status as poles of development in their regional environment.…”
Section: How Is It That the Urban System Has Become Monocentric?mentioning
confidence: 99%
“…The transitional growth model was based on the domestic demand, foreign capital inflow, and the growth of service sector. New transformational model of the development of a country calls for the reduction of irrational spending, bureaucracy and unnecessary expenditures of public sectors, and, at the same time, the increase in investment spending in order to stimulate the economic growth and employment, simultaneously providing social protection of socially handicapped classes [18].…”
Section: Economic Growth and Structural Changes In Serbiamentioning
confidence: 99%
“…The need for standard of living upgrade in small open economies could be satisfied through international exchange (Baldauf, Cravens, & Wagner, 2000). Also, manufacturing industry is the most important sector of the EU economyit drives its growth and propels its technological and innovation development (Jakopin & Bajec, 2009), so it is expected that export in that sector is extremely important activity from national economy point of view (Basile, 2001).…”
Section: Introductionmentioning
confidence: 99%