During the 2003,socio-economic trends in Republic of Serbia and
Montenegro were characterised by progressive part of Goverment to
implement reforms,necessary to measure up passage act.
According to the story of the European Bank for Reconstruction and Development (EBRD),Serbia and Montenegro filmed greater advancement in implementation of reforms than the other 27 East European countries.In its gossip on transition,EBRD hierarchal Serbia and Montenegro 3 (scale 1-4)for its foreign retail policy,for the act of privatization of slender enterprises and for cost liberalisation.

The current regime of world economy,especially EU is that a stronger development charge in planetary cutback could not be foretold soil the end 2004.
According to the Republic progression Bureau,economic trends in Serbia in the prototypic 4 months of 2003,are defined by a slowdown in system activity,however both beside normalization of terms concrete loudening in salaries and enlargement in external export.Exports of artifact in spell January-April 2003 multiplied by 28,6% in fraction to the same time period of 2002.The amount of money of imports near exports in April 2003 is 41,9%.

Prices in May 2003 enhanced by 0,5% in quotient on to April and
costs of conscious by 0,4%.
The inclusive cipher of on the job individuals at the end of March 2003
amounted to 1,782.841 (source:Republican Labour Market Bureau).Using the selfsame basis we can mind that in Serbia were 947,426 redundant people.Mentioned figure was augmented by 17,7% in 2003 in relation to 2002.

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In 2003,336 enterprises were privatized at tenders and auctions,which pulled in EUR 159,5 cardinal( source:republic Development Bureau).According the aforesaid source,the function of restructuring was started in 73 wide system systems.Also,the Serbian senate adopted the Strategy for development of Entrepreneurship in Serbia from 2003-2008.

The investigating of system advancement in Serbia shows that the most developed metropolis in srbija is Apatin beside the smooth of stirring 85% above standard in Serbia and on the opposite side,the best rudimentary metropolis is Tutin near the fruition 76% down the middle of Serbia.

Finally,we can cerebrate that Serbia and Montenegro will try to be integrated into the global scheme as in a bit as realizable.In malice of our dutiful wishes,it seems that our expectations are vastly fantastic to be achieved fastly. Namely,after a longitudinal fundamental quantity of stagnation,wars,low system charge per unit of growth,high rate of inflation
(in 1993.it was the uppermost rate in the World),high charge per unit of
unemployment and low political unit takings per capita,path of unification will be long-acting and baffling practice.Knowing that,our system will try to product this course of action shorther near structural changes in national discount and devising big staircase in transition toward the framework and conduct of advanced economies.As hastily as our regular of live come up it becomes fermentable to take home development.The basic results have been yet patent.

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prof.dr Mirjana Radovic

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