Economic Crisis in Serbia: Hanging Over the Old Cliff

Papić, Tatjana and Babin, Mihajlo and Erić, Miloš (2013) Economic Crisis in Serbia: Hanging Over the Old Cliff. Revue Européenne de Droit Public = European Review of Public Law = Eur. Zeitschrift des Öffentl. Rechts = Rivista Europea di Dirito, 25 (1). pp. 401-436. ISSN 1105-1590

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Abstract

The paper argues that economic policy and macroeconomic indicators in Serbia before 2008 reveal that the economic crisis in Serbia would have been triggered even without the global one. It discusses a set of anti-crisis measures introduced in Serbia concluding that, although predominantly well-targeted and properly implemented, they have been unable to cure structural problems of the Serbian economy. The implementation of the procyclical fiscal policy in the pre-crisis period prevented the achievement of effective results. The main conclusion is that unsolved structural problems (high unemployment and inflation rate, trade and budgetary deficit) contributed to the amplification, deepening and multiplying of the negative effects of the crisis. The paper also discusses challenges the economic crisis brought to the enjoyment of human rights in Serbia. It argues that old problems in this area remained, while the crisis added additional chal-lenges to the economic and social rights enjoyment.

Item Type: Article
Additional Information: COBISS.SR-ID 516351164
Uncontrolled Keywords: Ekonomska kriza -- Srbija
Subjects: Law (General)
Depositing User: Mr Stanko Kovačić
Date Deposited: 28 Dec 2023 12:33
Last Modified: 28 Dec 2023 12:33
URI: http://repozitorijum.pravnifakultet.edu.rs/id/eprint/971

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