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Resolution Of Commercial Disputes Through Arbitration As A Contributor To Improvement Of Business Environment In Serbia


  • Jelena Perović

    (University of Belgrade Faculty of Economics)

  • Milena Đorđević

    (University of Belgrade Faculty of Law)


The paper presents a brief overview of selected arbitration-related issues (legal framework for arbitration, different types of arbitration, arbitration agreement, arbitrators, seat of arbitration, law applicable to the arbi- tration proceedings and merits, arbitration award, costs), in light of con- temporary arbitration trends and practices and with special emphasis on Serbian legislation and existing arbitral practice in Serbia. Further- more, it provides readers with drafting considerations when agreeing to arbitration, and comparative analyses of advantages and disadvan- tages of arbitration, as dispute resolution mechanism which can, in aut- hors' view, significantly contribute to reduction of transaction costs and overall improvement of business environment in Serbia.

Suggested Citation

  • Jelena Perović & Milena Đorđević, 2013. "Resolution Of Commercial Disputes Through Arbitration As A Contributor To Improvement Of Business Environment In Serbia," Serbian Association of Economists Journal, SAE - Serbian Association of Economists, issue 3-4, pages 238-255, May.
  • Handle: RePEc:srb:journl:y:2013:i:3-4:p:238-255

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    More about this item


    arbitration; commercial disputes; arbitrators; arbitra- tion agreement; applicable law; arbitral award; costs;

    JEL classification:

    • E00 - Macroeconomics and Monetary Economics - - General - - - General


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