Serbia’s New Growth Agenda : State Aid
Serbia spends relatively large amounts on state aid programs, many of which will have to be phased out or restructured to comply with EU laws. There is room to restructure the existing programs to target activities that have more growth and job div...
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World Bank, Washington, DC
2020
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Online Access: | http://documents.worldbank.org/curated/en/271351585550405016/Serbia-s-New-Growth-Agenda-Country-Economic-Memorandum http://hdl.handle.net/10986/33570 |
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okr-10986-335702021-05-25T09:34:58Z Serbia’s New Growth Agenda : State Aid Vasiljevic, Dusko Schiffbauer, Marc Shimbov, Bojan Tan, Shawn PUBLIC EXPENDITURE STATE-OWNED ENTERPRISES STATE-OWNED BANKS PUBLIC INVESTMENT MANAGEMENT FOREIGN DIRECT INVESTMENT INVESTMENT PROMOTION FISCAL POLICY Serbia spends relatively large amounts on state aid programs, many of which will have to be phased out or restructured to comply with EU laws. There is room to restructure the existing programs to target activities that have more growth and job dividends; for example, by targeting startups and innovating firms and phasing out support for ailing industries, state-owned enterprises, and large or old private domestic firms. Although Serbia’s program to attract foreign direct investment has helped create new jobs, the focus should now shift to instruments that facilitate technology spillovers and domestic linkages. Finally, improving the scope and quality of data collection will contribute to better monitoring and more efficient targeting. The sooner Serbia starts to adjust its state aid programs, the larger the economic and fiscal benefits will be. 2020-04-09T21:14:47Z 2020-04-09T21:14:47Z 2020-03-26 Report http://documents.worldbank.org/curated/en/271351585550405016/Serbia-s-New-Growth-Agenda-Country-Economic-Memorandum http://hdl.handle.net/10986/33570 English Country Economic Memorandum; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Country Economic Memorandum Europe and Central Asia Serbia |
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Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English |
topic |
PUBLIC EXPENDITURE STATE-OWNED ENTERPRISES STATE-OWNED BANKS PUBLIC INVESTMENT MANAGEMENT FOREIGN DIRECT INVESTMENT INVESTMENT PROMOTION FISCAL POLICY |
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PUBLIC EXPENDITURE STATE-OWNED ENTERPRISES STATE-OWNED BANKS PUBLIC INVESTMENT MANAGEMENT FOREIGN DIRECT INVESTMENT INVESTMENT PROMOTION FISCAL POLICY Vasiljevic, Dusko Schiffbauer, Marc Shimbov, Bojan Tan, Shawn Serbia’s New Growth Agenda : State Aid |
geographic_facet |
Europe and Central Asia Serbia |
relation |
Country Economic Memorandum; |
description |
Serbia spends relatively large amounts
on state aid programs, many of which will have to be phased
out or restructured to comply with EU laws. There is room to
restructure the existing programs to target activities that
have more growth and job dividends; for example, by
targeting startups and innovating firms and phasing out
support for ailing industries, state-owned enterprises, and
large or old private domestic firms. Although Serbia’s
program to attract foreign direct investment has helped
create new jobs, the focus should now shift to instruments
that facilitate technology spillovers and domestic linkages.
Finally, improving the scope and quality of data collection
will contribute to better monitoring and more efficient
targeting. The sooner Serbia starts to adjust its state aid
programs, the larger the economic and fiscal benefits will be. |
format |
Report |
author |
Vasiljevic, Dusko Schiffbauer, Marc Shimbov, Bojan Tan, Shawn |
author_facet |
Vasiljevic, Dusko Schiffbauer, Marc Shimbov, Bojan Tan, Shawn |
author_sort |
Vasiljevic, Dusko |
title |
Serbia’s New Growth Agenda : State Aid |
title_short |
Serbia’s New Growth Agenda : State Aid |
title_full |
Serbia’s New Growth Agenda : State Aid |
title_fullStr |
Serbia’s New Growth Agenda : State Aid |
title_full_unstemmed |
Serbia’s New Growth Agenda : State Aid |
title_sort |
serbia’s new growth agenda : state aid |
publisher |
World Bank, Washington, DC |
publishDate |
2020 |
url |
http://documents.worldbank.org/curated/en/271351585550405016/Serbia-s-New-Growth-Agenda-Country-Economic-Memorandum http://hdl.handle.net/10986/33570 |
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