The Proper Role of Government in Post-COVID Recovery: The Case of the Serbian Economy

Srečko Devjak

Eastern European Economics, 2025, vol. 63, issue 2, 334-368

Abstract: This paper investigates the proper role of the Serbian government during the recovery of the economy after the COVID-19 pandemic. Based on corporate liquidity during the pandemic and with the help of nonhierarchical clustering, this research identifies a group of industry sectors and companies in the Serbian economy with the lowest corporate liquidity in stress. Results of this research show that there are about one-third of companies in the Serbian economy with the lowest corporate liquidity in stress; this is critically sensitive in informing the next steps of the government as well as in financial measures introduced by the government.

Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:mes:eaeuec:v:63:y:2025:i:2:p:334-368

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DOI: 10.1080/00128775.2024.2304215

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