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Possibility and limitations of export as a factor of balance of payments of Serbia

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Author(s): Kovačević Radovan

Journal: Medjunarodni Problemi
ISSN 0025-8555

Volume: 58;
Issue: 4;
Start page: 492;
Date: 2006;
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ABSTRACT
The precondition for growth of Serbian export to the EU market is restructuring of domestic production in accordance with the import demand of this market. However, increasing of export is not possible without bigger inflow of foreign capital in form of new equipment and modern technology. In implementing measures of economic policy, bigger attention has to be paid to financing production for export, to crediting and insuring export, as well as to export promotion. Role of small and medium size enterprises has to be stronger in domestic production. Connecting between them and distributive chains of parts and intermediate goods within TNC can contribute to growth of sustainable export of Serbia to EU as well as to process of connecting with this integration.
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