Kopaonik Business Forum

27.03.15

KOPAONIK CONSENSUS 2015

Only fast and deep reforms can enable Serbia to play to win, instead of playing to play

Serbia’s economy does not ensure sustainable growth and employment. Such a situation is consequence of misconceptions and flaws in transition strategy as well as economic policy platform that have persisted for a quarter-century. In 2014 GDP fell by 1.8%, investment fell by 2.7%, while fiscal deficit reached 6.6% of GDP. Meanwhile, public debt surpassed 70% of GDP. In Q4 2014 negative trends were halted, and fiscal deficit strongly declines as consequence of fiscal consolidation. However, in Q1 2015 there are still not enough reasons for qualifying previous conditions as a start of sustainable growth path.

Trying to escape the middle-income trap at the beginning of the 1990s Serbia fell into transition trap from which it has not escaped so far. Deindustrialization followed by financialization of the economy opened profound flow in economic system. Economic policy predominantly based on monetary policy (inflation targeting) is not capable of solving the problem of low economic base.
The outcome is an economy largely dependent on import and foreign savings and highly vulnerable to external risk factors, without significant advantages that could allow it to escape from threats and capitalize on opportunities brought by changes.

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15.01.15

The 2015 Kopaonik Business Forum

Dear Sir/Madame,

On behalf of the Serbian Association of Economists and the Serbian Association of Corporate Directors we are pleased to invite you to the 22nd Kopaonik Business Forum 2015.

Traditionally, the Forum is organized under the patronage of the Prime Minister of the Republic of Serbia. Every year the Forum gathers more than 500 participants, respectable scholars, government representatives, diplomatic officials, business practitioners, and media.

The Forum will be held on March 3-5, 2015 at Kopaonik Convention Centre under the title:

“SERBIA 2015-30: NEW VISION FOR INDUSTRIALIZATION
 OF THE ECONOMY AND MODERNIZATION OF THE SOCIETY
How to Make the Invisible Visible”


The Program Committee has foreseen debate on the following three topics:

March 3, 2015:  Playing to Win Instead of Playing to Play
March 4, 2015:  National Strategy for Economic and Social Development: Serbia 2015-30
March 5, 2015:  Industrial Policy: Conceptual Platform and Key Policy Measures

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Proceedings

2006
2007
2008

Since 2009 papers presented on the Kopaonik Business Forum have been published in the journal "Ekonomika preduzeća"

Information

Serbian Association of Economists
Bulevаr Mihаjlа Pupinа 147
11070 Novi Beograd
Dobrinjskа 11
11000 Beograd
Tel: +381 11 3613-409; 2644-980
Fаx: +381 11 3629-689
E-mail: office@ses.org.rs