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During the 2003,socio-economic trends in Republic of Serbia and
Montenegro were characterised by involved function of Goverment to
implement reforms,necessary to tread up change of state route.
According to the study of the European Bank for Reconstruction and Development (EBRD),Serbia and Montenegro canned greater progress in enforcement of reforms than the else 27 East European countries.In its word on transition,EBRD graded Serbia and Montenegro 3 (scale 1-4)for its foreign job policy,for the act of privatization of small enterprises and for damage relaxation.

The newsworthy state of global economy,especially EU is that a stronger lump charge per unit in planetary cutback could not be awaited soil the end 2004.
According to the Republic enlargement Bureau,economic trends in Serbia in the most primitive cardinal months of 2003,are characterised by a lag in economical activity,however unneurotic beside standardization of rate genuine duplication in salaries and nodule in overseas export.Exports of commodities in term January-April 2003 enlarged by 28,6% in fraction to the one and the same time of 2002.The sum 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 sentient by 0,4%.
The utter number of employed individuals at the end of March 2003
amounted to 1,782.841 (source:Republican Labour Market Bureau).Using the same origin we can interest that in Serbia were 947,426 unemployed those.Mentioned number was exaggerated by 17,7% in 2003 in fraction to 2002.

In 2003,336 enterprises were privatized at tenders and auctions,which force in EUR 159,5 million( source:republic Development Bureau).According the aforesaid source,the procedure of restructuring was started in 73 full-size economic systems.Also,the Serbian government adoptive the Strategy for initiation of Entrepreneurship in Serbia from 2003-2008.

The analysis of scheme advancement in Serbia shows that the furthermost mechanized urban in serbia is Apatin with the smooth of evolution 85% above norm in Serbia and on the another side,the supreme rudimentary built-up is Tutin near the steps forward 76% below the intermediate of Serbia.

Finally,we can reason out that Serbia and Montenegro will try to be united into the global system as shortly as workable.In malignity of our smashing wishes,it seems that our expectations are outstandingly phantasmagorical to be achieved fastly. Namely,after a lengthy time period of stagnation,wars,low scheme charge per unit of growth,high rate of inflation
(in 1993.it was the great charge in the World),high charge per unit of
unemployment and low political unit capital per capita,path of integration will be long-range and risky method.Knowing that,our establishment will try to kind this procedure shorther near knowledge changes in political unit economic system and fashioning big stepladder in transition toward the house and presentation of advanced economies.As hastily as our normal of breathing rocket it becomes assertable to engender development.The original results have been yet apparent.

prof.dr Mirjana Radovic

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