Macroeconomic Aspects and Perspectives of Serbia within the Process of Enlargement of the Uropean Union

Srdjan Redzepagic () and Malisa Djukic ()
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Srdjan Redzepagic: Institute of Economic Sciences
Malisa Djukic: Belgrade Banking Academy

Chapter 2 in European Integration Process in Western Balkan Countries, 2012, vol. 1, pp 36-53 from Institute of Economic Sciences

Abstract: Since its creation in 1957, the European Union (EU) has 27 member states today. The process of the enlargement of the EU is not finished yet, and the EU opens its doors to the other countries, mainly Western Balkan countries – so Serbia is the part. We present here the actual situation of the Republic of Serbia on its way to the EU. From now toward, the EU does not want to integrate the weak and fragile countries. That wants to say that any adhering country should satisfy the plan of reforms, but also have to apply to the accession to the EU, officially, before becoming the full member state. Therefore, the process of European enlargement became increasingly heavy and complex, so that the Serbia, as other Western Balkan countries (not yet member of the EU), must engage more efforts to continue their way toward the European integration. However, in the light of the current crisis, it is clear that the crisis undergoes today the EU is without precedent: it is about a crisis of legitimacy, operation and confidence. It must be consolidated first of all, and to be ready for new adhesions. On the one hand, Serbia must be attached to the “European way”, because only European integration represents “a policeman” and ensure stability in the Balkan area. In addition, the EU must continue to support Western Balkan countries in their way to the EU. The EU has granted candidate status to the following six countries: Turkey, Croatia, Macedonia, Iceland, Montenegro and Serbia. Finally, we are focused here on the economic aspects of Serbia on its way to the EU, presenting the most important facts and figures during these last years.

Keywords: Serbia; EU; economic policy; enlargement (search for similar items in EconPapers)
Date: 2012
ISBN: 978-972-9344-05-3
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