The Economic Recovery, including SMEs Sector, is Secured

Miroljub Hadžić () and Petar Pavlović ()
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Miroljub Hadžić: Singidunum University
Petar Pavlović: Public Policy Secretariat, Government of The Republic of Serbia

from Óbuda University, Keleti Faculty of Business and Management

Abstract: During the period 2009-2014 Serbia faced zero rate of growth. In the last two years it put the main economic problems, namely: the budget deficit, public debt and international debt, under controll. At the same time international and domestic demant somewhat increased while inflation rate staid at low rate and as a result it seems that economic recovery is now secured.Above all market reforms in some imporatnt areas got momentum. The reaction of small and medium scale enterpises and shops was positive and again more entrepreneurs started their business than quited. The aim of the paper is twofold: firstly, to illuminate what are the main reasons for overall positive economic trends especially in SMEE sector and secondly, to elaborate why is important now to introduce measures in order to improve competitiveness of Serbian SMEs and how to do so.

Keywords: SMEE; market reform; recovery; support (search for similar items in EconPapers)
Date: 2017
ISBN: 9789634490272
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Persistent link: https://EconPapers.repec.org/RePEc:pkk:meb017:110-120

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