IDEAS home Printed from
   My bibliography  Save this article

The Serbian Regulatory Reform And Governance


  • Ljubinka Joksimoviæ

    () (Faculty of Economics, Belgrade, Serbia)


More and more, society is becoming aware that regulations, while necessary, also impose high costs on individuals, businesses and the public sector. Regulations that are unclear, obsolete and bad-ly designed prevent achievement of the intended social and economic goals. Therefore, governments all over the world initiate programs on better regulation. As the Serbian government recognized the problem of a large number of inefficient regulations in its system, it enacted in July 2008 its regulatory reform project or its well known “guillotine” in-volving the one-time rendering of inefficient regulations ineffective or their amendment. After introduction, it is elaborated upon the drivers of the OECD and the European Union Pol-icy on Better Regulation, their experience in improving regulatory environment and policy lessons gained. The next part examines how the Serbian government actually goes about creating better busi-ness regulation. Here is the review of the Serbian Comprehensive Regulatory Reform or Regulatory Guillotine as a first stage in the Strategy of Regulatory Reform. The last part of article points to the coming challenges in governance architecture for steering regulatory reform in Serbia: credibility, evidence based solution for any kind of regulation problem, legitimacy, transparency.

Suggested Citation

  • Ljubinka Joksimoviæ, 2010. "The Serbian Regulatory Reform And Governance," Analele Stiintifice ale Universitatii "Alexandru Ioan Cuza" din Iasi - Stiinte Economice, Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, vol. 2010, pages 234-254, july.
  • Handle: RePEc:aic:journl:y:2010:v:se:p:234-254

    Download full text from publisher

    File URL:
    Download Restriction: no

    File URL:
    Download Restriction: no

    More about this item


    Regulations; regulatory reform; governance; guillotine;

    JEL classification:

    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
    • G38 - Financial Economics - - Corporate Finance and Governance - - - Government Policy and Regulation
    • P11 - Economic Systems - - Capitalist Systems - - - Planning, Coordination, and Reform
    • R38 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Government Policy


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aic:journl:y:2010:v:se:p:234-254. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sireteanu Napoleon-Alexandru). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.