Possibilities and limitations of local economic development in Serbia

The practice in developed countries has shown a necessity for local government's stronger inclusion in local economic development issues. The economic system in Serbia has features of high unemployment rate and low living standard among the population, and therefore local government taking a la...

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Main Authors: Aničić Dušan, Gligorijević Jasmina, Jelić Miloje A., Stojanović Milosav
Format: Article
Language:English
Published: Visoka poslovna škola strukovnih studija Prof. dr Radomir Bojković, Kruševac 2020-01-01
Series:Trendovi u Poslovanju
Subjects:
Online Access:https://scindeks-clanci.ceon.rs/data/pdf/2334-816X/2020/2334-816X2002018A.pdf
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author Aničić Dušan
Gligorijević Jasmina
Jelić Miloje A.
Stojanović Milosav
author_facet Aničić Dušan
Gligorijević Jasmina
Jelić Miloje A.
Stojanović Milosav
author_sort Aničić Dušan
collection DOAJ
description The practice in developed countries has shown a necessity for local government's stronger inclusion in local economic development issues. The economic system in Serbia has features of high unemployment rate and low living standard among the population, and therefore local government taking a larger part in local economic development issues is seen as a real possibility for reducing these problems. Although most of the economic policy instruments lie within the central government jurisdiction, which largely restricts local government possibilities, there is still an important area for local government influence on economic development. There are numerous obstacles for a successful application of the local economic development concept in Serbia, which causes the municipality and regional potentials to be used much less than the possibilities allow, and it has a negative reflection, especially in rural and undeveloped areas.
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institution Kabale University
issn 2334-816X
2334-8356
language English
publishDate 2020-01-01
publisher Visoka poslovna škola strukovnih studija Prof. dr Radomir Bojković, Kruševac
record_format Article
series Trendovi u Poslovanju
spelling doaj-art-a8eff3e400ee41558764fdd23d8c03c32025-02-10T19:38:24ZengVisoka poslovna škola strukovnih studija Prof. dr Radomir Bojković, KruševacTrendovi u Poslovanju2334-816X2334-83562020-01-018218302334-816X2002018APossibilities and limitations of local economic development in SerbiaAničić Dušan0https://orcid.org/0000-0003-1201-0532Gligorijević Jasmina1Jelić Miloje A.2Stojanović Milosav3University Union-Nikola Tesla, Faculty of Economics and Finance, Belgrade, SerbiaUniversity Union-Nikola Tesla, Faculty of Applied Sciences, Niš, SerbiaHigh Business School, Niš, SerbiaHigh Business School Cacak, Čačak, SerbiaThe practice in developed countries has shown a necessity for local government's stronger inclusion in local economic development issues. The economic system in Serbia has features of high unemployment rate and low living standard among the population, and therefore local government taking a larger part in local economic development issues is seen as a real possibility for reducing these problems. Although most of the economic policy instruments lie within the central government jurisdiction, which largely restricts local government possibilities, there is still an important area for local government influence on economic development. There are numerous obstacles for a successful application of the local economic development concept in Serbia, which causes the municipality and regional potentials to be used much less than the possibilities allow, and it has a negative reflection, especially in rural and undeveloped areas.https://scindeks-clanci.ceon.rs/data/pdf/2334-816X/2020/2334-816X2002018A.pdfserbialocal economic developmenteconomic policydevelopment strategy
spellingShingle Aničić Dušan
Gligorijević Jasmina
Jelić Miloje A.
Stojanović Milosav
Possibilities and limitations of local economic development in Serbia
Trendovi u Poslovanju
serbia
local economic development
economic policy
development strategy
title Possibilities and limitations of local economic development in Serbia
title_full Possibilities and limitations of local economic development in Serbia
title_fullStr Possibilities and limitations of local economic development in Serbia
title_full_unstemmed Possibilities and limitations of local economic development in Serbia
title_short Possibilities and limitations of local economic development in Serbia
title_sort possibilities and limitations of local economic development in serbia
topic serbia
local economic development
economic policy
development strategy
url https://scindeks-clanci.ceon.rs/data/pdf/2334-816X/2020/2334-816X2002018A.pdf
work_keys_str_mv AT anicicdusan possibilitiesandlimitationsoflocaleconomicdevelopmentinserbia
AT gligorijevicjasmina possibilitiesandlimitationsoflocaleconomicdevelopmentinserbia
AT jelicmilojea possibilitiesandlimitationsoflocaleconomicdevelopmentinserbia
AT stojanovicmilosav possibilitiesandlimitationsoflocaleconomicdevelopmentinserbia