Adapting the Serbian economy to regional and European integration

In contemporary international relations, economic activities are becoming increasingly prioritized in relation to political ones. For Serbia, it is important to have a clear strategy of development that will have significant implications for all economic activities and international economi...

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Main Author: Vesić Dobrica
Format: Article
Language:English
Published: Institute of International Politics and Economics, Belgrade 2014-01-01
Series:Međunarodni Problemi
Subjects:
Online Access:http://www.doiserbia.nb.rs/img/doi/0025-8555/2014/0025-85551404376V.pdf
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author Vesić Dobrica
author_facet Vesić Dobrica
author_sort Vesić Dobrica
collection DOAJ
description In contemporary international relations, economic activities are becoming increasingly prioritized in relation to political ones. For Serbia, it is important to have a clear strategy of development that will have significant implications for all economic activities and international economic cooperation, i.e. the process of European integration. In creating the development strategy it is necessary to choose the sectors of the economy on which the future development of the Serbian economy will be based. On the other hand, instead of maximizing profits and due to the creation and strengthening of several relevant groups of stakeholders (managers, employees, customers, the state, etc.) whose long-term interests must be taken into consideration by a company, it is primarily through harmonization of their interests that pluralism and complexity of goals of a contemporary corporate company is achieved. Attaining of the set goals in the radically changed and highly competitive market environment demands to formulate strategies based on a detailed analysis of the macroeconomic and microeconomic environment, resources and other business potentials. It should be noted that there have been identified three phases of competitiveness of a country and these are as follows: factor-driven, efficiency-driven and innovative-driven competitiveness. In its development every country should go through competitiveness based on the supply of factors of production through investment driven competitiveness based on the efficiency of use of available factors of production to innovation driven competitiveness. [Projekat Ministarstva nauke Republike Srbije, br. 179029: Srbija u savremenim međunarodnim odnosima: Strateški pravci razvoja i učvršćivanja položaja Srbije u međunarodnim integrativnim procesima -spoljnopolitički, međunarodno ekonomski, pravni i bezbednosni aspekti]
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spelling doaj-art-98a46bccbab243debfdb4d5d4d96f2972025-08-20T03:57:03ZengInstitute of International Politics and Economics, BelgradeMeđunarodni Problemi0025-85552014-01-01663-437639410.2298/MEDJP1404376V0025-85551404376VAdapting the Serbian economy to regional and European integrationVesić Dobrica0Institut za međunarodnu politiku i privredu, BeogradIn contemporary international relations, economic activities are becoming increasingly prioritized in relation to political ones. For Serbia, it is important to have a clear strategy of development that will have significant implications for all economic activities and international economic cooperation, i.e. the process of European integration. In creating the development strategy it is necessary to choose the sectors of the economy on which the future development of the Serbian economy will be based. On the other hand, instead of maximizing profits and due to the creation and strengthening of several relevant groups of stakeholders (managers, employees, customers, the state, etc.) whose long-term interests must be taken into consideration by a company, it is primarily through harmonization of their interests that pluralism and complexity of goals of a contemporary corporate company is achieved. Attaining of the set goals in the radically changed and highly competitive market environment demands to formulate strategies based on a detailed analysis of the macroeconomic and microeconomic environment, resources and other business potentials. It should be noted that there have been identified three phases of competitiveness of a country and these are as follows: factor-driven, efficiency-driven and innovative-driven competitiveness. In its development every country should go through competitiveness based on the supply of factors of production through investment driven competitiveness based on the efficiency of use of available factors of production to innovation driven competitiveness. [Projekat Ministarstva nauke Republike Srbije, br. 179029: Srbija u savremenim međunarodnim odnosima: Strateški pravci razvoja i učvršćivanja položaja Srbije u međunarodnim integrativnim procesima -spoljnopolitički, međunarodno ekonomski, pravni i bezbednosni aspekti]http://www.doiserbia.nb.rs/img/doi/0025-8555/2014/0025-85551404376V.pdfSerbiapositioningregionEuropean integration processeconomic policy
spellingShingle Vesić Dobrica
Adapting the Serbian economy to regional and European integration
Međunarodni Problemi
Serbia
positioning
region
European integration process
economic policy
title Adapting the Serbian economy to regional and European integration
title_full Adapting the Serbian economy to regional and European integration
title_fullStr Adapting the Serbian economy to regional and European integration
title_full_unstemmed Adapting the Serbian economy to regional and European integration
title_short Adapting the Serbian economy to regional and European integration
title_sort adapting the serbian economy to regional and european integration
topic Serbia
positioning
region
European integration process
economic policy
url http://www.doiserbia.nb.rs/img/doi/0025-8555/2014/0025-85551404376V.pdf
work_keys_str_mv AT vesicdobrica adaptingtheserbianeconomytoregionalandeuropeanintegration