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After Slobodan Milosevic was overthrown in October 2000, the Democratic Opposition of Serbia (DOS), a coalition of 18 political parties and one independent trade union took power in Serbia. They were faced with reforming state institutions as well as overhauling the economy after years of Communism and Milosevic's dictatorship.
At the time of IPD's first Country Dialogue, the new Serbian government was focusing on four major areas of economic reforms. Enterprise restructuring, with its accompanying privatizations and reforms of laws governing socially-owned capital, was one of the top priorities. The state was also confronting the problems of the welfare state and balancing social expenditures with its severe fiscal constraints. Decentralization and political corruption at all levels was a pressing issue as well as encouraging foreign investment.
Within this uncertain environment, there were proponents of "shock therapy" and those policymakers who wanted a slower process of reform.
IPD Op-Ed: Serbia's Advantages in Coming Late |
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| Serbia Country Dialogue 2001 |
| Event: Mar 07, 2001 - Mar 07, 2001 |
| IPD and its partner, the Center for Policy Alternatives (CPA), hosted a policy forum focusing on macro-economic policy and privatization strategies. Serbia was embarking on a series of economic reforms and some policymakers promoted a program of rapid liberalization. On the invitation of Miroljub Labus, Deputy Prime Minister, and Goran Pitic, Minister of International Economic Relations, IPD held extensive discussions with the head of the Central Bank, the deputy prime minister, and the ministers of economics, finance, labor, and education on a wide range of economic issues. The Dialogue was successful in helping to create a middle road as the beginning of an appropriate privatization policy for Serbia. |
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| Browse Serbia
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| Serbia |
| Population: 10,825,900 |
| Life Expectancy: 74.4 yrs |
| GDP: $23.89 billion |
| GDP Real Growth Rate: 1.5% |
| GDP Per Capita: $2,200 |
GDP Composition:
- Agriculture: 15.2%
- Industry: 28.2%
- Services: 56.5% |
| Pop. below Poverty Line:30% |
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| Source: 2004 CIA Factbook |
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