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

Listed author(s):
  • Danica Popovic

    (Faculty of Economics & CLDS)

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.

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Paper provided by EconWPA in its series International Trade with number 0503006.

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Length: 26 pages
Date of creation: 14 Mar 2005
Handle: RePEc:wpa:wuwpit:0503006
Note: Type of Document - doc; pages: 26
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