Republic of Serbia.

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Bibliographic Details
Main Author: European Dept., International Monetary Fund
Format: eBook
Language:English
Published: Washington : International Monetary Fund, 2013.
Series:IMF Staff Country Reports.
Subjects:
Online Access:Click for online access
Table of Contents:
  • Cover; Contents; IN SEARCH OF AN EFFECTIVE GROWTH MODEL; A. The Pre-Crisis Growth Paradigm and its Legacy Vulnerabilities; B. Policy Recommendations Towards an Effective Growth Model; FIGURE; 1. Business Environment and Growth Constraints; IMPROVING THE LABOR MARKET: CHALLENGES AND OPTIONS; A. Background; FIGURES; 1. Labor Market Indicators, 2004-2012; 2. Wage Indicators, 2009-13; B. What Are the Possible Causes of Meager Labor Market Outcomes?; 3. EBRD Transition Indicators, 2012; 4. Wage and Productivity Indicators, 2012; C. Policy Implications.
  • 5. Labor Market Indicators from The Global Competitiveness Report 2011REFERENCES; EXTERNAL COMPETITIVENESS ASSESSMENT; A. Export Performance; FIGURES; 1. Recent Trade Developments; 2. Trade, 2008-2012; B. Competitiveness Pressures; REFERENCES; EXTERNAL SUSTAINABILITY ASSESSMENT; A. Partial External Adjustment; FIGURES; 1. Balance of Payments, 2004-2012; B. External Vulnerabilities and Buffers; C. External Sustainability Illustrative Simulations; 2. External Sustainability Illustrative Simulations; REFERENCES; EXPLORING OPTIONS FOR ENHANCING FISCAL CONSOLIDATION; A. Background.
  • B. Achieving a Credible and Durable Fiscal ConsolidationFIGURES; 1. General Government Expenditure in Serbia and Selected Economies; 2. Public Debt in Serbia and Selected Economies; REFERENCES; HAS SUB-NATIONAL SPENDING ADDED TO FISCAL PRESSURES?; A. Expenditure Decentralization in a Regional Context-Stylized Facts; B. Fiscal Decentralization in Principle and in Practice; FIGURES; 1. Subnational Revenue and Expenditures; C. Empirical Findings; D. Are Known Decentralization Risk-Factors Relevant in a Serbia Context?; TABLE; 1. Subnational Fiscal Rules in Selected Transition Economies.
  • E. Strengthening Fiscal Decentralization Policies in Serbia: Policy Options2. 2011 Amendments to Subnational Financing Framework; BOX; Box 1. Local Government Arrears Clearance Strategy; REFERENCES; DIAGNOSING AND ADDRESSING SERBIA'S STRUCTURAL FISCAL CHALLENGES; A. Evolution of Serbia's Fiscal Challenges; B. Diagnosing Serbia's Fiscal Challenges; C.A Roadmap for Reform; REFERENCES; PENSION REFORM; A. Current Pension Framework; B. Baseline Projections; C. Reform Options; TABLE; 1. Savings from Different Reform Options, in percent of GDP; FIGURE; 1. Pension Model Simulations, 2010-50.
  • APPENDIXI. Model Assumptions; REFERENCES; CORPORATE INCOME TAX AND OTHER CORPORATE TAXES; A. CIT Rate and Exceptions; B. Non-Tax Levies; TABLES; 1. Revenue Losses Associated with Corporate Income Tax Incentives and Projected Savings from Enacted Reforms, 2009-11; REFERENCES; MACRO-FINANCIAL LINKAGES; A. Low Credit Growth: a Consequence of Weak Demand or a Driving Force of Economic Slowdown?; FIGURES; 1. Credit Growth Indicators, 2004-13; 2. Supply-Side Factors of Credit, 2006-13; BOX; Box 1. Construction of a Financial Stress Index (FSIX).