КОМПАРАТИВНА АНАЛИЗА ЗАДУЖЕНОСТИ СРБИЈЕ И ЗЕМАЉА У ТРАНЗИЦИЈИ. СА АСПЕКТА СВЕТСКЕ ЕКОНОМСКЕ КРИЗЕ

Nebojša Stošić and Aleksandar Dogandžić

Ekonomika, Journal for Economic Theory and Practice and Social Issues, 2009, vol. 55, issue 5

Abstract: While striving to rise up quick efficiency in their economic systems, countries in transition have encroaching on foreign accumulation. That’s why external debt is observed in this category of the countries. Aim of this article is to analyze volume and structure of the external debt of Serbia and compare it with following countries in transition: Slovenia, Hungary, Romania, Bulgaria and Czech Republic. External debt of Serbia is in the trend of intensive increase. Because of global economic crises it could direct us to the question can increasing external debt result Serbia fall in debt slavery. Economic situation in Serbia is of serious concern. By debt participation in GDP Serbia doesn’t belong to the heavily indebted countries, but current participation of the external debt is aligning it in deeply indebted countries. In the circumstances of global economic crises, taking of any further dept shall be limited because of the threatening debt repayment capacity of Serbia. While comparing Serbian indebtedness situation with Argentina extreme situation, several differences and similarities were identified that shown possible fall of Serbia in the indebtedness crises. Increasing economic development based on stabile increase of incomes from the export is of great importance. This task require rise up of the competitiveness of whole Serbian economy, but in the first phase applying of various economic measures to export oriented economy sectors.

Keywords: Financial; Economics (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:ags:sereko:294070

DOI: 10.22004/ag.econ.294070

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