During the 2003,socio-economic trends in Republic of Serbia and
Montenegro were characterised by active office of Goverment to
implement reforms,necessary to rung up change of state procedure.
According to the word of the European Bank for Reconstruction and Development (EBRD),Serbia and Montenegro canned greater advancement in implementation of reforms than the otherwise 27 East European countries.In its chitchat on transition,EBRD graded Serbia and Montenegro 3 (scale 1-4)for its overseas trade policy,for the procedure of privatization of slim enterprises and for price relief.

The contemporary enumerate of worldwide economy,especially EU is that a stronger swelling charge per unit in planetary scheme could not be hoped-for dirt the end 2004.
According to the Republic growth Bureau,economic trends in Serbia in the prime iv months of 2003,are defined by a retardation in monetary activity,however equally near normalisation of rate concrete enlarge in salaries and ontogenesis in overseas art.Exports of commodities in fundamental quantity January-April 2003 inflated by 28,6% in relation to the very time of year of 2002.The amount of money of imports with exports in April 2003 is 41,9%.

Prices in May 2003 enlarged by 0,5% in abstraction on to April and
costs of living by 0,4%.
The full digit of employed people at the end of March 2003
amounted to 1,782.841 (source:Republican Labour Market Bureau).Using the self fountain we can make out that in Serbia were 947,426 redundant people.Mentioned amount was raised by 17,7% in 2003 in abstraction to 2002.

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In 2003,336 enterprises were privatized at tenders and auctions,which pulled in EUR 159,5 million( source:republic Development Bureau).According the same source,the course of action of restructuring was started in 73 sizeable economic systems.Also,the Serbian system adoptive the Strategy for initiation of Entrepreneurship in Serbia from 2003-2008.

The investigation of economic change for the better in Serbia shows that the peak formulated conurbation in srbija is Apatin near the plane of perfection 85% preceding midpoint in Serbia and on the other side,the most undeveloped built-up is Tutin next to the fruition 76% below the mediocre of Serbia.

Finally,we can reason out that Serbia and Montenegro will try to be integrated into the global reduction as presently as come-at-able.In malice of our appropriate wishes,it seems that our expectations are especially unreasonable to be achieved fastly. Namely,after a drawn-out time period of stagnation,wars,low economical rate of growth,high charge per unit of inflation
(in 1993.it was the uppermost charge in the World),high rate of
unemployment and low political unit turnover per capita,path of merging will be time-consuming and thorny action.Knowing that,our affairs of state will try to take home this procedure shorther with knowledge changes in national reduction and production big steps in passage toward the structure and narration of precocious economies.As fleet as our standard of aware outgrowth it becomes researchable to spawn progress.The initial results have been yet patent.

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prof.dr Mirjana Radovic

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