Serbia Policy Notes 2024

Serbia has achieved remarkable macroeconomic stability, sustained economic growth, and improved living standards. Despite progress, Serbia is still not converging quickly enough with the European Union (EU). The growth plan for the Western Balkans offers an unprecedented opportunity for Serbia to implement key reforms and switch gear. From the analysis presented in these Policy Notes, four key messages emerge for supporting economic growth that is faster, more resilient and sustainable in Serbia: (1) maintain hard-won macroeconomic stability; (2) implement key structural reforms; (3) seize the opportunities offered by the green and digital transitions; and (4) focus on sectors and cross-cutting issues that are key for growth.

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Bibliographic Details
Main Author: World Bank
Format: Policy Note biblioteca
Language:English
en_US
Published: Washington, DC: World Bank 2024-07-31
Subjects:ECONOMIC GROWTH, SUSTAINABLE ECONOMIC GROWTH, GREEN CITIES, MACROECONOMIC ANALYSIS OF ECONOMIC DEVELOPMENT, DIGITIZATION, DECENT WORK AND ECONOMIC GROWTH, SDG 8,
Online Access:http://documents.worldbank.org/curated/en/099159507262423474/IDU1d5b3f1011249b145d61aef21871ca46d2340
https://hdl.handle.net/10986/41981
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Summary:Serbia has achieved remarkable macroeconomic stability, sustained economic growth, and improved living standards. Despite progress, Serbia is still not converging quickly enough with the European Union (EU). The growth plan for the Western Balkans offers an unprecedented opportunity for Serbia to implement key reforms and switch gear. From the analysis presented in these Policy Notes, four key messages emerge for supporting economic growth that is faster, more resilient and sustainable in Serbia: (1) maintain hard-won macroeconomic stability; (2) implement key structural reforms; (3) seize the opportunities offered by the green and digital transitions; and (4) focus on sectors and cross-cutting issues that are key for growth.