The economic effects of Serbian neutrality in the Ukrainian crisis: Risks and benefits
The article explores and evaluates the dangers, advantages, opportunities, and risks for the Serbian economy stemming from its neutral stance in the Ukrainian crisis. Methods employed include content analysis of documents and official announcements, statistical description, analysis, and comparison...
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| Format: | Article |
| Language: | English |
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Viša ekonomska škola Peć, Leposavić
2024-01-01
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| Series: | Ekonomski Signali |
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| Online Access: | https://scindeks-clanci.ceon.rs/data/pdf/1452-4457/2024/1452-44572402019S.pdf |
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| _version_ | 1850181026386542592 |
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| author | Stanojević Nataša |
| author_facet | Stanojević Nataša |
| author_sort | Stanojević Nataša |
| collection | DOAJ |
| description | The article explores and evaluates the dangers, advantages, opportunities, and risks for the Serbian economy stemming from its neutral stance in the Ukrainian crisis. Methods employed include content analysis of documents and official announcements, statistical description, analysis, and comparison of data. The research revealed an anticipated uptick in Serbia's trade with Russia, attributed to its lower energy prices. This led to increased production in various sectors, such as machinery, motor vehicles, and the electrical industry. Contrary to expectations, trade with the EU not only increased but also improved structurally, particularly in higher-value goods exports. Recommendations advocate for internal resource investment in EU-threatened industrial sectors, specifically in bolstering production of products witnessing export growth. |
| format | Article |
| id | doaj-art-185bedf6e0c84f47a62028b93ae1f976 |
| institution | OA Journals |
| issn | 1452-4457 2560-3302 |
| language | English |
| publishDate | 2024-01-01 |
| publisher | Viša ekonomska škola Peć, Leposavić |
| record_format | Article |
| series | Ekonomski Signali |
| spelling | doaj-art-185bedf6e0c84f47a62028b93ae1f9762025-08-20T02:17:59ZengViša ekonomska škola Peć, LeposavićEkonomski Signali1452-44572560-33022024-01-01192194010.5937/ekonsig2402019S1452-44572402019SThe economic effects of Serbian neutrality in the Ukrainian crisis: Risks and benefitsStanojević Nataša0https://orcid.org/0000-0001-5584-1040Institute of International Politics and Economics, Belgrade, SerbiaThe article explores and evaluates the dangers, advantages, opportunities, and risks for the Serbian economy stemming from its neutral stance in the Ukrainian crisis. Methods employed include content analysis of documents and official announcements, statistical description, analysis, and comparison of data. The research revealed an anticipated uptick in Serbia's trade with Russia, attributed to its lower energy prices. This led to increased production in various sectors, such as machinery, motor vehicles, and the electrical industry. Contrary to expectations, trade with the EU not only increased but also improved structurally, particularly in higher-value goods exports. Recommendations advocate for internal resource investment in EU-threatened industrial sectors, specifically in bolstering production of products witnessing export growth.https://scindeks-clanci.ceon.rs/data/pdf/1452-4457/2024/1452-44572402019S.pdfukrainian crisisserbiainternational tradeenergy pricesenergy supplyfdi |
| spellingShingle | Stanojević Nataša The economic effects of Serbian neutrality in the Ukrainian crisis: Risks and benefits Ekonomski Signali ukrainian crisis serbia international trade energy prices energy supply fdi |
| title | The economic effects of Serbian neutrality in the Ukrainian crisis: Risks and benefits |
| title_full | The economic effects of Serbian neutrality in the Ukrainian crisis: Risks and benefits |
| title_fullStr | The economic effects of Serbian neutrality in the Ukrainian crisis: Risks and benefits |
| title_full_unstemmed | The economic effects of Serbian neutrality in the Ukrainian crisis: Risks and benefits |
| title_short | The economic effects of Serbian neutrality in the Ukrainian crisis: Risks and benefits |
| title_sort | economic effects of serbian neutrality in the ukrainian crisis risks and benefits |
| topic | ukrainian crisis serbia international trade energy prices energy supply fdi |
| url | https://scindeks-clanci.ceon.rs/data/pdf/1452-4457/2024/1452-44572402019S.pdf |
| work_keys_str_mv | AT stanojevicnatasa theeconomiceffectsofserbianneutralityintheukrainiancrisisrisksandbenefits AT stanojevicnatasa economiceffectsofserbianneutralityintheukrainiancrisisrisksandbenefits |