Economic Themes (2008) 46 (3) 7, 99-110
Simo Stevanović, Milutin T. Đorović, Milan R. Milanović
Abstract: In paper is presented analysis of results of so far transition in Serbia and Eastern and Central European countries. Results of transition are pursued for two groups of countries that are EU members and for third group, counties that are not members of EU but have declared their readiness to gain membership in EU. Ac-cording to selected markers, countries from first and second group have either achieved or overrun pre-transition level of development, while regarding third group of counties Croatia has best values of most parameters including about 49% of GDP in EU-25 measured by purchasing power parity per capita. Given indicators are sig-nificantly lower in Serbia. GDP value is only 29,0% of EU-25, SDI per capita is 1,119 Euros, „green field“ investments are only 24,4% of Croatian investments. Other countries from this group are on much lower level. Signing and putting in practice Stabilization and Association Agreement, Serbia can expect higher influx of SDI and more significant use of EU accessory funds.
Keywords: transition; results of transition; Serbia; CIE
ANALYSIS SOME OF RESULTS OF SO FAR TRANSITION IN SERBIA AND EASTERN EUROPEAN COUNTRIES
Simo Stevanović, Milutin T. Đorović, Milan R. Milanović
Abstract: In paper is presented analysis of results of so far transition in Serbia and Eastern and Central European countries. Results of transition are pursued for two groups of countries that are EU members and for third group, counties that are not members of EU but have declared their readiness to gain membership in EU. Ac-cording to selected markers, countries from first and second group have either achieved or overrun pre-transition level of development, while regarding third group of counties Croatia has best values of most parameters including about 49% of GDP in EU-25 measured by purchasing power parity per capita. Given indicators are sig-nificantly lower in Serbia. GDP value is only 29,0% of EU-25, SDI per capita is 1,119 Euros, „green field“ investments are only 24,4% of Croatian investments. Other countries from this group are on much lower level. Signing and putting in practice Stabilization and Association Agreement, Serbia can expect higher influx of SDI and more significant use of EU accessory funds.
Keywords: transition; results of transition; Serbia; CIE