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Contemporary Trends in the Development of Industry in the World and Serbia


  • Petrović, Dragan
  • Bukvić, Rajko


The authors offer a view on the current state of industry and contemporary tendencies in its development in Serbia and the world. Particularly, this academic paper analyzes the state of Serbian industry, which collapsed at the beginning of the last decade of the 20th century, after having gone through three waves of industrialization. Serbian economy and industry have not recovered from deindustrialization even after two decades of unsteady development in the current century. Lastly, it presents some possibilities to revitalize the industry and achieve its harmonious development.

Suggested Citation

  • Petrović, Dragan & Bukvić, Rajko, 2018. "Contemporary Trends in the Development of Industry in the World and Serbia," MPRA Paper 87793, University Library of Munich, Germany, revised 2018.
  • Handle: RePEc:pra:mprapa:87793

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    References listed on IDEAS

    1. Mark Weisbrot & Dean Baker & David Rosnick, 2005. "Scorecard on Development: 25 Years of Diminished Progress," CEPR Reports and Issue Briefs 2005-30, Center for Economic and Policy Research (CEPR).
    2. Marangos, John, 2009. "What happened to the Washington Consensus? The evolution of international development policy," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 38(1), pages 197-208, January.
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    More about this item


    manufacturing; Serbia; transition; crisis; re-industrialization;
    All these keywords.

    JEL classification:

    • N60 - Economic History - - Manufacturing and Construction - - - General, International, or Comparative
    • N64 - Economic History - - Manufacturing and Construction - - - Europe: 1913-
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • O25 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Industrial Policy
    • P27 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Performance and Prospects

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