Role of State in New Growth Model of Serbian Economy

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Role of State in New Growth Model of Serbian Economy (en)
Улога државе у новом моделу раста привреде Србије (sr)
Uloga države u novom modelu rasta privrede Srbije (sr_RS)
Authors

Publications

Energetska politika kao faktor održivog razvoja

Rikalović, Gojko; Vračarević, Bojan; Molnar, Dejan

(Savez energetičara Jugoslavije, Beograd, 2021)

TY  - JOUR
AU  - Rikalović, Gojko
AU  - Vračarević, Bojan
AU  - Molnar, Dejan
PY  - 2021
UR  - http://gery.gef.bg.ac.rs/handle/123456789/1293
AB  - Tržište energije karakterišu značajne nesavršenosti. Negativni eksterni efekti, i ostale nesavršenosti tržišta imaju, između ostalog, ozbiljnu posledicu – šalju pogrešne cenovne signale i maskiraju prave troškove koji nastaju u procesu proizvodnje i potrošnje energije. Kao rezultat toga dolazi do ozbiljne degradacije životne sredine na lokalnom i globalnom nivou. Negativni efekti na globalnom nivou, poput iscrpljivanja neobnovljivih resursa i promene globalne klime, predstavljaju najozbiljnije izazove s kojima se suočava čovečanstvo danas. Odgovori javnog sektora na tržišne nesavršenosti, u vidu različitih mera i instrumenata, su dobro poznati u ekonomskoj teoriji i u mnogim okolnostima su se pokazali efektivnim u praksi. Ipak, u stručnoj literaturi se, čak i danas, uglavnom prenebregava činjenica da davanje prednosti ekonomskim i socijalnim ciljevima u javnim politikama može imati i često ima za posledicu pogoršanje kvaliteta životne sredine. Pored toga, neuspeh regulative u oblasti energetike vodi ka ekološkoj degradaciji. Posebno je kritična situacija u mnogim zemljama u razvoju jer se u trci za ostvarenjem ciljeva iz oblasti industrije, poljoprivrede ili energetike, kao kolateralna šteta, javljaju veliki problemi u oblasti životne sredine koji vode ekološkoj neodrživosti. Sa ekonomskog aspekta važni su kako efektivnost, tako i efikasnost energetske politike, u smislu njenog potencijala da doprinosi poboljšanju u domenu zaštite životne sredine i energetske efikasnosti. Jednu od najboljih strategija predstavlja uvođenje važnih aspekata životne sredine u tržišnu sferu. Na taj način, limitiranost prirodnih resursa bi se odražavala na njihove cene. Ukidanje prakse velikih subvencija i potcenjenosti cena fosilnih goriva je, sigurno, korak u pravom smeru.
AB  - The energy market is characterized by significant
imperfections. Negative external effects and other market imperfections have, among other things, a serious consequence - they send the wrong price signals and mask the real costs that arise in the process of energy production and consumption. As a result, there is a serious degradation of the environment at the local and global level. Negative effects at the global level, such as the depletion of non-renewable resources and changes in the global climate, represent the most serious challenges facing humanity today. Public sector responses to market imperfections, in the form of various measures and instruments, are well known in economic theory and have proved effective in practice in many circumstances. However, the fact that giving priority to economic and social goals in public policies can have and often results in deterioration of the quality of the environment is mainly ignored in the professional literature even today. In addition, the failure of energy regulations leads to environmental degradation.The situation is especially critical in many developing countries. In the race to achieve goals in the field of industry, agriculture or energy, there are major environmental problems that lead to environmental unsustainability as collateral damage. From an
economic point of view, both the effectiveness and efficiency of energy policy are important, in terms of its potential to contribute to improvements in the field of environmental protection and energy efficiency. One of the best strategies is to introduce important aspects of the environment into the market sphere. In this way, the limitations of natural resources would be reflected in their prices. Abolishing the practice of large subsidies and underestimation of fossil fuel prices is certainly a step in the right direction.
PB  - Savez energetičara Jugoslavije, Beograd
T2  - Energija, ekonomija, ekologija
T1  - Energetska politika kao faktor održivog razvoja
T1  - Energy Policy as a Factor of Sustainable Development
VL  - 23
IS  - 3
SP  - 72
EP  - 66
DO  - 10.46793/EEE21-3.66R
ER  - 
@article{
author = "Rikalović, Gojko and Vračarević, Bojan and Molnar, Dejan",
year = "2021",
abstract = "Tržište energije karakterišu značajne nesavršenosti. Negativni eksterni efekti, i ostale nesavršenosti tržišta imaju, između ostalog, ozbiljnu posledicu – šalju pogrešne cenovne signale i maskiraju prave troškove koji nastaju u procesu proizvodnje i potrošnje energije. Kao rezultat toga dolazi do ozbiljne degradacije životne sredine na lokalnom i globalnom nivou. Negativni efekti na globalnom nivou, poput iscrpljivanja neobnovljivih resursa i promene globalne klime, predstavljaju najozbiljnije izazove s kojima se suočava čovečanstvo danas. Odgovori javnog sektora na tržišne nesavršenosti, u vidu različitih mera i instrumenata, su dobro poznati u ekonomskoj teoriji i u mnogim okolnostima su se pokazali efektivnim u praksi. Ipak, u stručnoj literaturi se, čak i danas, uglavnom prenebregava činjenica da davanje prednosti ekonomskim i socijalnim ciljevima u javnim politikama može imati i često ima za posledicu pogoršanje kvaliteta životne sredine. Pored toga, neuspeh regulative u oblasti energetike vodi ka ekološkoj degradaciji. Posebno je kritična situacija u mnogim zemljama u razvoju jer se u trci za ostvarenjem ciljeva iz oblasti industrije, poljoprivrede ili energetike, kao kolateralna šteta, javljaju veliki problemi u oblasti životne sredine koji vode ekološkoj neodrživosti. Sa ekonomskog aspekta važni su kako efektivnost, tako i efikasnost energetske politike, u smislu njenog potencijala da doprinosi poboljšanju u domenu zaštite životne sredine i energetske efikasnosti. Jednu od najboljih strategija predstavlja uvođenje važnih aspekata životne sredine u tržišnu sferu. Na taj način, limitiranost prirodnih resursa bi se odražavala na njihove cene. Ukidanje prakse velikih subvencija i potcenjenosti cena fosilnih goriva je, sigurno, korak u pravom smeru., The energy market is characterized by significant
imperfections. Negative external effects and other market imperfections have, among other things, a serious consequence - they send the wrong price signals and mask the real costs that arise in the process of energy production and consumption. As a result, there is a serious degradation of the environment at the local and global level. Negative effects at the global level, such as the depletion of non-renewable resources and changes in the global climate, represent the most serious challenges facing humanity today. Public sector responses to market imperfections, in the form of various measures and instruments, are well known in economic theory and have proved effective in practice in many circumstances. However, the fact that giving priority to economic and social goals in public policies can have and often results in deterioration of the quality of the environment is mainly ignored in the professional literature even today. In addition, the failure of energy regulations leads to environmental degradation.The situation is especially critical in many developing countries. In the race to achieve goals in the field of industry, agriculture or energy, there are major environmental problems that lead to environmental unsustainability as collateral damage. From an
economic point of view, both the effectiveness and efficiency of energy policy are important, in terms of its potential to contribute to improvements in the field of environmental protection and energy efficiency. One of the best strategies is to introduce important aspects of the environment into the market sphere. In this way, the limitations of natural resources would be reflected in their prices. Abolishing the practice of large subsidies and underestimation of fossil fuel prices is certainly a step in the right direction.",
publisher = "Savez energetičara Jugoslavije, Beograd",
journal = "Energija, ekonomija, ekologija",
title = "Energetska politika kao faktor održivog razvoja, Energy Policy as a Factor of Sustainable Development",
volume = "23",
number = "3",
pages = "72-66",
doi = "10.46793/EEE21-3.66R"
}
Rikalović, G., Vračarević, B.,& Molnar, D.. (2021). Energetska politika kao faktor održivog razvoja. in Energija, ekonomija, ekologija
Savez energetičara Jugoslavije, Beograd., 23(3), 72-66.
https://doi.org/10.46793/EEE21-3.66R
Rikalović G, Vračarević B, Molnar D. Energetska politika kao faktor održivog razvoja. in Energija, ekonomija, ekologija. 2021;23(3):72-66.
doi:10.46793/EEE21-3.66R .
Rikalović, Gojko, Vračarević, Bojan, Molnar, Dejan, "Energetska politika kao faktor održivog razvoja" in Energija, ekonomija, ekologija, 23, no. 3 (2021):72-66,
https://doi.org/10.46793/EEE21-3.66R . .
3

FDI in Serbia

Ratkaj, Ivan; Sibinović, Mikica; Manić, Emilija

(Springer, Cham, 2021)

TY  - CHAP
AU  - Ratkaj, Ivan
AU  - Sibinović, Mikica
AU  - Manić, Emilija
PY  - 2021
UR  - http://gery.gef.bg.ac.rs/handle/123456789/1152
AB  - After the dissolution of the Socialist Federal Republic of Yugoslavia (SFRY) in the early 1990s, the Republic of Serbia found itself in an unprecedented social, political, and economic situation. Facing a significant delay in the transition process in comparison with other Central and Eastern European (CEE) states, Serbian governments since 2001 have opted for a model of economic development based on attracting foreign direct investment (FDI). This strategic commitment has led to complex and controversial effects on Serbia’s economy. On the one hand, FDI inflows benefited the local economy by increasing its international market competitiveness, contributing to a decrease in unemployment, and enhancing technology transfer. On the other hand, FDI is related to some negative economic trends such as expansion of labor-intensive jobs and an increasing dependency on unpredictable inflows of foreign capital. The aim of this chapter is to offer insights into the empirical literature on FDI to Serbia in the context of Serbia’s historical development and to explore the spatiality and influences of contemporary inflows with a special focus on prospects and suggestions for Serbia’s economic trajectory over the next 25 years. Conceptually, this text is based on Dunning’s eclectic approach to FDI by focusing upon the origins, location, and internalization of foreign capital in the country.
PB  - Springer, Cham
T2  - Foreign Direct Investment in the Successor States of Yugoslavia
T1  - FDI in Serbia
SP  - 23
EP  - 50
DO  - 10.1007/978-3-030-55739-3_2
ER  - 
@inbook{
author = "Ratkaj, Ivan and Sibinović, Mikica and Manić, Emilija",
year = "2021",
abstract = "After the dissolution of the Socialist Federal Republic of Yugoslavia (SFRY) in the early 1990s, the Republic of Serbia found itself in an unprecedented social, political, and economic situation. Facing a significant delay in the transition process in comparison with other Central and Eastern European (CEE) states, Serbian governments since 2001 have opted for a model of economic development based on attracting foreign direct investment (FDI). This strategic commitment has led to complex and controversial effects on Serbia’s economy. On the one hand, FDI inflows benefited the local economy by increasing its international market competitiveness, contributing to a decrease in unemployment, and enhancing technology transfer. On the other hand, FDI is related to some negative economic trends such as expansion of labor-intensive jobs and an increasing dependency on unpredictable inflows of foreign capital. The aim of this chapter is to offer insights into the empirical literature on FDI to Serbia in the context of Serbia’s historical development and to explore the spatiality and influences of contemporary inflows with a special focus on prospects and suggestions for Serbia’s economic trajectory over the next 25 years. Conceptually, this text is based on Dunning’s eclectic approach to FDI by focusing upon the origins, location, and internalization of foreign capital in the country.",
publisher = "Springer, Cham",
journal = "Foreign Direct Investment in the Successor States of Yugoslavia",
booktitle = "FDI in Serbia",
pages = "23-50",
doi = "10.1007/978-3-030-55739-3_2"
}
Ratkaj, I., Sibinović, M.,& Manić, E.. (2021). FDI in Serbia. in Foreign Direct Investment in the Successor States of Yugoslavia
Springer, Cham., 23-50.
https://doi.org/10.1007/978-3-030-55739-3_2
Ratkaj I, Sibinović M, Manić E. FDI in Serbia. in Foreign Direct Investment in the Successor States of Yugoslavia. 2021;:23-50.
doi:10.1007/978-3-030-55739-3_2 .
Ratkaj, Ivan, Sibinović, Mikica, Manić, Emilija, "FDI in Serbia" in Foreign Direct Investment in the Successor States of Yugoslavia (2021):23-50,
https://doi.org/10.1007/978-3-030-55739-3_2 . .
5

Economic consequences of bank erosion in the lower part of the Kolubara river basin, Serbia

Dragićević, Slavoljub; Stojanović, Žaklina; Manić, Emilija; Roksandić, Mirjana; Stepić, Milomir; Živković, Nenad; Zlatić, Miodrag; Kostadinov, Stanimir

(Gh Asachi Technical Univ Iasi, Iasi, 2017)

TY  - JOUR
AU  - Dragićević, Slavoljub
AU  - Stojanović, Žaklina
AU  - Manić, Emilija
AU  - Roksandić, Mirjana
AU  - Stepić, Milomir
AU  - Živković, Nenad
AU  - Zlatić, Miodrag
AU  - Kostadinov, Stanimir
PY  - 2017
UR  - https://gery.gef.bg.ac.rs/handle/123456789/820
AB  - Anthropogenic influences on the hydrological network in the lower part of the Kolubara River have been notably intensive since 1959, when huge river regulation works were constructed to open new mining fields for lignite exploitation. From that moment, the Kolubara River flowed through the Pestan's riverbed (its right tributary), and the bank erosion became stronger, resulting in the lateral migration of the river course on one hand and land loss, land use changes, and economic consequences on the other hand. The economic effects caused by bank erosion were analysed both via the loss of land and the reduction in the volume of agricultural production. In the period 1967-2010, bank erosion caused a land loss of 67.3 ha, including 39.6 ha of arable land. The total value of the land loss by 2010 was 80,560 USD, and the total loss in agricultural production was 634,240 USD (1982=100). The second aim of this study was to investigate the costs and benefits of bank protection using the method of bank revetment construction at the moment bank erosion became more intense and during the latest phases. The results of this research suggest that any delay in the investment in Kolubara River bank protection could be adverse. If the bank revetment along the endangered river banks was built in 1967, all investments would have been recovered through income from agricultural production and selling the lost land by 2010. The results should provide information for river engineering, environmental planners and policy makers who must deal with decisions regarding planning and the protection of bank erosion.
PB  - Gh Asachi Technical Univ Iasi, Iasi
T2  - Environmental Engineering and Management Journal
T1  - Economic consequences of bank erosion in the lower part of the Kolubara river basin, Serbia
VL  - 16
IS  - 2
SP  - 381
EP  - 390
DO  - 10.30638/eemj.2017.038
UR  - https://hdl.handle.net/21.15107/rcub_gery_820
ER  - 
@article{
author = "Dragićević, Slavoljub and Stojanović, Žaklina and Manić, Emilija and Roksandić, Mirjana and Stepić, Milomir and Živković, Nenad and Zlatić, Miodrag and Kostadinov, Stanimir",
year = "2017",
abstract = "Anthropogenic influences on the hydrological network in the lower part of the Kolubara River have been notably intensive since 1959, when huge river regulation works were constructed to open new mining fields for lignite exploitation. From that moment, the Kolubara River flowed through the Pestan's riverbed (its right tributary), and the bank erosion became stronger, resulting in the lateral migration of the river course on one hand and land loss, land use changes, and economic consequences on the other hand. The economic effects caused by bank erosion were analysed both via the loss of land and the reduction in the volume of agricultural production. In the period 1967-2010, bank erosion caused a land loss of 67.3 ha, including 39.6 ha of arable land. The total value of the land loss by 2010 was 80,560 USD, and the total loss in agricultural production was 634,240 USD (1982=100). The second aim of this study was to investigate the costs and benefits of bank protection using the method of bank revetment construction at the moment bank erosion became more intense and during the latest phases. The results of this research suggest that any delay in the investment in Kolubara River bank protection could be adverse. If the bank revetment along the endangered river banks was built in 1967, all investments would have been recovered through income from agricultural production and selling the lost land by 2010. The results should provide information for river engineering, environmental planners and policy makers who must deal with decisions regarding planning and the protection of bank erosion.",
publisher = "Gh Asachi Technical Univ Iasi, Iasi",
journal = "Environmental Engineering and Management Journal",
title = "Economic consequences of bank erosion in the lower part of the Kolubara river basin, Serbia",
volume = "16",
number = "2",
pages = "381-390",
doi = "10.30638/eemj.2017.038",
url = "https://hdl.handle.net/21.15107/rcub_gery_820"
}
Dragićević, S., Stojanović, Ž., Manić, E., Roksandić, M., Stepić, M., Živković, N., Zlatić, M.,& Kostadinov, S.. (2017). Economic consequences of bank erosion in the lower part of the Kolubara river basin, Serbia. in Environmental Engineering and Management Journal
Gh Asachi Technical Univ Iasi, Iasi., 16(2), 381-390.
https://doi.org/10.30638/eemj.2017.038
https://hdl.handle.net/21.15107/rcub_gery_820
Dragićević S, Stojanović Ž, Manić E, Roksandić M, Stepić M, Živković N, Zlatić M, Kostadinov S. Economic consequences of bank erosion in the lower part of the Kolubara river basin, Serbia. in Environmental Engineering and Management Journal. 2017;16(2):381-390.
doi:10.30638/eemj.2017.038
https://hdl.handle.net/21.15107/rcub_gery_820 .
Dragićević, Slavoljub, Stojanović, Žaklina, Manić, Emilija, Roksandić, Mirjana, Stepić, Milomir, Živković, Nenad, Zlatić, Miodrag, Kostadinov, Stanimir, "Economic consequences of bank erosion in the lower part of the Kolubara river basin, Serbia" in Environmental Engineering and Management Journal, 16, no. 2 (2017):381-390,
https://doi.org/10.30638/eemj.2017.038 .,
https://hdl.handle.net/21.15107/rcub_gery_820 .
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