TITLE

ANALYSIS OF ECONOMIC TRENDS IN THE REPUBLIC OF SERBIA (WITH FOCUS ON THE VRBAS MUNICIPALITY)

AUTHOR(S)
Subić, Jonel; Jeločnik, Marko
PUB. DATE
December 2014
SOURCE
Proceedings of the IAE Scientific Meetings;2014, p327
SOURCE TYPE
Conference Proceeding
DOC. TYPE
Article
ABSTRACT
The world economic crisis, from the end of the last decade of current century, has led to a global recession, as well as to the fall of the values of all macroeconomic aggregates and indicators in large number of world countries. Many nations are faced with the problems of decline in production and export, expressed illiquidity of actors within the local economies, turbulences in the labour market, rapid fall of the living standard and other. Unfortunately, gradual recovery of the world economy was cut in 2011 by new global challenge embodied in the public debt crisis. As previously mentioned problems were also came to Serbia, the main goal of the paper is identified in the brief review of economic trends through the achieved macroeconomic aggregates (such as GDP, FDI, unemployment rate and other) in the last few years. During the presentation and analysis of the key macroeconomic aggregates was used the bottom-up approach (from national to the level of local communities), with a special focus to the economic trends in the municipality of Vrbas. Since that level of development and recovery of the national economy are significantly contained in the intensive attraction of financial assets (from domestic and international funds) and investment in new and recapitalization of existing holders of economic activities, a broader overview of realized investment trends in observed time and spatial frame (with assessment of realized investments in agriculture) it is also provided.
ACCESSION #
98354322

 

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