Serbian growth has been volatile and not as high as desired. Therefore our just completed new Country Strategy focuses on removing Serbia’s obstacles to growth. It promotes better governance of state enterprises and state administration, more inclusive policies toward youth, and women and green growth.
DANIEL BERG EBRD director for Serbia
One of the key challenges Serbia has to address is a problem known as the „middle income trap“. We spoke with Mr. Daniel Berg, EBRD director for Serbia about the newly promoted EBRD Country Strategy which hast to help Serbia to overcome this challenge and achieve higher growth. Serbia must accelerate its growth trajectory but in a sustainable way and then the country will proceed in convergence with Europe.
Are you one of those people who are eagerly waiting for Serbia to sign a new arrangement with the IMF, or do you think that the government has been pursuing a disciplined economic policy? — I believe that Serbia should remain engaged with the IMF after successfully completing the previous 3-year Stand-By Arrangement. This is not for the sake of having funds available, but more for the guidance and policy support which the IMF can provide. International markets consider the positive relationship with the IMF as an anchor for stability and promoter of reform policies. Other IFIs, such as EBRD, can work cooperatively on projects which are highlighted in the IMF programme.
One of the most discussed topics is Serbia is achieving a much faster economic growth than the current one. What would be the key steps towards accomplishing this goal? — We have just completed our new Country Strategy for Serbia which is designed to address Serbia’s transition gaps and obstacles to growth. Growth has been volatile and not as high as desired, in order to put Serbia on a convergence trajectory with the rest of Europe. Some of the measures and investments foreseen in our Country Strategy would help Serbia to achieve higher growth and to escape the so called „middle income trap“.
Denne historien er fra April 2018-utgaven av Diplomacy and Commerce.
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Denne historien er fra April 2018-utgaven av Diplomacy and Commerce.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Serbian Food Is Good And Tasty, But Heavy
A chef has to be a mentally strong person, because this is a hard job
21st Century Abolishes Elitism
We have to fight for our young!
There Hasn't Been a Boring Moment in My Life
Professor Shaul Ladany (age 82), who is still a record-holder in 50km-race walk and whose fascinating destiny reflects the suffering of the Jewish people and what transpired in Belgrade in the World War II, has shared his life experience with our fellow citizens during his first ever visit to Belgrade in 70 years
In Defence Of The Hipster Aesthetic
Our correspondent argues that they are places where both brick and worldviews are exposed
Life As It Should Be
By the end of the year Luštica Bay will have completed the two most important anchors in phase one of the project – the marina and The Chedi hotel
The Dark Side Of Nationalist Love
The dark side of nationalist love
Results Exceeded Our Expectations
In 2017 Jubmes bank significantly exceeded its targets in terms of profitability, deposit potential and placements to clients’ growth. Substantial profitability growth is expected also for the year 2018
How To Westernise Serbia?
The Finnish Way.
Winners Of The „Diplomacy & Commerce Awards 2018“
Diplomacy & Commerce magazine celebrated its second birthday on Thursday, 22nd March, in the new Bitef Art Cafe.
Why Is Finland So Happy?
It is not because of the weather.
