During the 2003,socio-economic trends in Republic of Serbia and
Montenegro were characterized by moving function of Goverment to
implement reforms,necessary to manoeuvre up transition formula.
According to the buzz of the European Bank for Reconstruction and Development (EBRD),Serbia and Montenegro taped greater progress in execution of reforms than the different 27 East European countries.In its anecdote on transition,EBRD graded Serbia and Montenegro 3 (scale 1-4)for its foreign trade policy,for the process of privatization of squat enterprises and for price tag relief.

The general land of world economy,especially EU is that a stronger lump rate in international economic system could not be supposed cultivate the end 2004.
According to the Republic improvement Bureau,economic trends in Serbia in the early cardinal months of 2003,are characterized by a lag in system activity,however mutually with standardization of terms historical loudening in salaries and maturation in abroad art.Exports of merchandise in spell January-April 2003 enlarged by 28,6% in fraction to the same time period of 2002.The sum of money of imports near exports in April 2003 is 41,9%.

Prices in May 2003 enhanced by 0,5% in proportion on to April and
costs of live by 0,4%.
The entire figure of working individuals at the end of March 2003
amounted to 1,782.841 (source:Republican Labour Market Bureau).Using the aforementioned origin we can catch sight of that in Serbia were 947,426 unwaged individuals.Mentioned figure was inflated by 17,7% in 2003 in part to 2002.

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In 2003,336 enterprises were privatized at tenders and auctions,which pulled in EUR 159,5 a million( source:republic Development Bureau).According the one and the same source,the process of restructuring was started in 73 large economic systems.Also,the Serbian affairs of state adopted the Strategy for change for the better of Entrepreneurship in Serbia from 2003-2008.

The investigation of scheme enhancement in Serbia shows that the most developed capital in geographic region is Apatin next to the plane of increase 85% preceding intermediate in Serbia and on the otherwise side,the most vestigial town is Tutin near the encouragement 76% down below the intermediate of Serbia.

Finally,we can cerebrate that Serbia and Montenegro will try to be incorporated into the global system as soon as reasonable.In venom of our biddable wishes,it seems that our expectations are immensely surreal to be achieved fastly. Namely,after a long period of time of stagnation,wars,low economic charge per unit of growth,high rate of inflation
(in 1993.it was the superlative rate in the World),high rate of
unemployment and low national funds per capita,path of integrating will be lifelong and hard action.Knowing that,our rule will try to build this procedure shorther beside cognition changes in national discount and making big stairway in change of state toward the house and celebration of precocious economies.As fast as our principle of people expansion it becomes latent to form progress.The archetypal grades have been yet manifest.

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prof.dr Mirjana Radovic

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