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PROCESS OF REINDUSTRALIZATION IN THE CONTEXT OF EUROPEAN INTEGRATION

Sofija Adzic ()
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Sofija Adzic: Faculty of Economics, University of Novi Sad

Interdisciplinary Management Research, 2015, vol. 11, 827-838

Abstract: The paper analyzes the problem of introducing a new model of public regulation of industry in Serbia within the frames that determines the development of new global production system and the European response to this problem. The starting thesis of this paper is that it is not possible within the existing structure and functioning of the elements of national political, production-organizational, business, educational, innovational and administrative system to operationalize (scientifi cally and professionally) valid strategy of reindustrialization of Serbia in accordance with the European concept of endogenous, and autopropulsive and self-sustainable development based on scientific knowledge. The second thesis is that the institutional arrangement within which is organized the existing system of public regulation of industry in Serbia substantially limiting its participation in the creation of future conditions for its implementation. The third thesis is that the reindustrialization of Serbia accoring to this concept is not essentially determined as unrealizable. The basic condition is to work continuously, persistently and parallel, to create each of necessary conditions for development based on scientific knowledge on one hand, and on the other hand, to eliminate alternatives for right and sustainable national development. In this context, the public regulation would get a chance to open the process of reindustrialization of Serbia in accordance with the model chosen by the European Union. In an effort to elaborate the mentioned issues, author’s view of the problem of determining the benchmark for defining a new concept of industrial policy in Serbia is exposed. The problem of development of general socio-economic framework for the coordination of individual and group initiatives and resources in the function of re-industrialization of Serbia towards the European concept of endogenous, autopropulsive and sustainable development was also acknowledged.

Keywords: Reindustrialization; European concept of endogenous; auto-propulsive and self-sustainable development; Investment policy (search for similar items in EconPapers)
JEL-codes: J5 K23 L00 (search for similar items in EconPapers)
Date: 2015
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