IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Login to save this article or follow this journal

Insufficiency Of Serbian Economy'S Operating Performances: Manifestations, Causes And Main Guidelines Of Recovery

  • Dejan Malinić

    (Faculty of Economics University of Belgrade)

Registered author(s):

    Serbia faced the economic crisis with powerless and very fragile economy. The inconvenient transition heritage made the consequences of global economic crisis even worse. The companies that had already experien,ced serious problems approached to bankruptcy. Other, healthier com,panies, kept some kind of business activity, but they were faced with the lack of capital. Low activity level disabled generating higher incomes. In this way, the possibility of growth based on internal financing sources was limited. More difficult capital obtaining, by means of share issuan,ce, led the companies, due to insufficiently developed capital market, to borrowing at very high costs. The consequences are very worrying. In the first part of this paper, we will try to quantify the consequ,ences of Serbian economy's financial staggering. The aim is to visualize the complexity of financial and structural heritage and to show to what extent it is the burden to the growth of Serbian economy. At the same time, elaborations in this part should serve to identify some prerequisi,tes for the creation of favourable business environment, stimulating to investors and able to provide the economy to operate in normal con,ditions. Finally, in the third part, we point to the basic guidelines in the process of overcoming financial and structural problems.

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

    File URL: http://www.ses.org.rs/ekonomika-preduzeca/2013-1-2-04.pdf
    Download Restriction: no

    Article provided by SAE - Serbian Association of Economists in its journal SAE Journal.

    Volume (Year): (2013)
    Issue (Month): 1-2 (February)
    Pages: 41-62

    as
    in new window

    Handle: RePEc:srb:journl:y:2013:i:1-2:p:41-62
    Contact details of provider: Postal: Bulevar Mihajla Pupina 147, Dobrinjska 11, Belgrade, Serbia
    Phone: +381 11 3613-409; +381 11 2644-980
    Fax: +381 11 3629-689
    Web page: http://www.ses.org.rs
    Email:


    More information through EDIRC

    No references listed on IDEAS
    You can help add them by filling out this form.

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:srb:journl:y:2013:i:1-2:p:41-62. 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: (Milos Stamatovic)

    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.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with 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 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.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.