The external sector of the Serbian economy

The aim of this paper is to show the external sector of the Serbian economy, its features and peculiarities, as well as anomalies that afflicted it for years. In the analysis, data acquired from the Statistical Office of the Republic of Serbia will be used, as well as the official international meth...

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Main Author: Ristanović Vladimir
Format: Article
Language:English
Published: Visoka poslovna škola strukovnih studija Prof. dr Radomir Bojković, Kruševac 2016-01-01
Series:Trendovi u Poslovanju
Subjects:
Online Access:http://scindeks-clanci.ceon.rs/data/pdf/2334-816X/2016/2334-816X1602009R.pdf
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author Ristanović Vladimir
author_facet Ristanović Vladimir
author_sort Ristanović Vladimir
collection DOAJ
description The aim of this paper is to show the external sector of the Serbian economy, its features and peculiarities, as well as anomalies that afflicted it for years. In the analysis, data acquired from the Statistical Office of the Republic of Serbia will be used, as well as the official international methodology. The text will include the analysis of the structure of the external sector, market share, competitive position of Serbian economy and export products according to sectors of the economy and factor intensity. Since 2000, the structure of production and exports of the Serbian economy shows low comparative advantages and competitive position throughout the world. Unfavorable structure of the sectors, departments and the product groups affected the deepening of external imbalances and high foreign trade deficit. Exports of technology of predominantly low intensity, resources, and labor-intensive products, common for Serbian economy, represent no guarantee of economic growth in the long term. The causes of external imbalances should be sought in the absence of adequate export strategy, as well as in high speed of liberalization of foreign trade flows and exchange rate policy.
format Article
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institution Kabale University
issn 2334-816X
2334-8356
language English
publishDate 2016-01-01
publisher Visoka poslovna škola strukovnih studija Prof. dr Radomir Bojković, Kruševac
record_format Article
series Trendovi u Poslovanju
spelling doaj-art-75151d14f6de4a2b84964dc330109b462025-02-10T19:38:24ZengVisoka poslovna škola strukovnih studija Prof. dr Radomir Bojković, KruševacTrendovi u Poslovanju2334-816X2334-83562016-01-014291810.5937/trendpos1602009R2334-816X1602009RThe external sector of the Serbian economyRistanović Vladimir0Visoka škola za poslovnu ekonomiju i preduzetništvo, BeogradThe aim of this paper is to show the external sector of the Serbian economy, its features and peculiarities, as well as anomalies that afflicted it for years. In the analysis, data acquired from the Statistical Office of the Republic of Serbia will be used, as well as the official international methodology. The text will include the analysis of the structure of the external sector, market share, competitive position of Serbian economy and export products according to sectors of the economy and factor intensity. Since 2000, the structure of production and exports of the Serbian economy shows low comparative advantages and competitive position throughout the world. Unfavorable structure of the sectors, departments and the product groups affected the deepening of external imbalances and high foreign trade deficit. Exports of technology of predominantly low intensity, resources, and labor-intensive products, common for Serbian economy, represent no guarantee of economic growth in the long term. The causes of external imbalances should be sought in the absence of adequate export strategy, as well as in high speed of liberalization of foreign trade flows and exchange rate policy.http://scindeks-clanci.ceon.rs/data/pdf/2334-816X/2016/2334-816X1602009R.pdfexternal sectorthe structure of exportsexport productsSerbian economy
spellingShingle Ristanović Vladimir
The external sector of the Serbian economy
Trendovi u Poslovanju
external sector
the structure of exports
export products
Serbian economy
title The external sector of the Serbian economy
title_full The external sector of the Serbian economy
title_fullStr The external sector of the Serbian economy
title_full_unstemmed The external sector of the Serbian economy
title_short The external sector of the Serbian economy
title_sort external sector of the serbian economy
topic external sector
the structure of exports
export products
Serbian economy
url http://scindeks-clanci.ceon.rs/data/pdf/2334-816X/2016/2334-816X1602009R.pdf
work_keys_str_mv AT ristanovicvladimir theexternalsectoroftheserbianeconomy
AT ristanovicvladimir externalsectoroftheserbianeconomy