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The Influences in Changes in Macroeconomic Regime and Policy on the Development of the Foreign Trade of Serbia

Author

Listed:
  • Danica Popovic

    (Faculty of Economics & CLDS)

Abstract

Both before and after the UN trade embargo (1992-1995), the foreign trade policy of FR Yugoslavia has been highly autarchic. Until the disingegraditon of SFRY this resulted in a significant underperformance of the foreign trade sector, while later this turned out to (almost) a complete halt in regular foreign trading. The key for boosting foreign trade lies in implementing institutional reforms and liberalization of foreign trade, even prior to the start of a credible mass privatization. This would be the only way to avoid creation of unproductive private monopolies and might present a way out of permanent recession of the Serbian economy.

Suggested Citation

  • Danica Popovic, 2005. "The Influences in Changes in Macroeconomic Regime and Policy on the Development of the Foreign Trade of Serbia," International Trade 0503006, EconWPA.
  • Handle: RePEc:wpa:wuwpit:0503006
    Note: Type of Document - doc; pages: 26
    as

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    More about this item

    JEL classification:

    • F1 - International Economics - - Trade
    • F2 - International Economics - - International Factor Movements and International Business

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