[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-113028-en":3,"doc-seo-113028-105":29,"detail-sidebar-cat-0-en-105":90},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":4,"is_deleted":4,"is_public":20,"is_downloadable":20,"audit_status":20,"page_count":21,"language":22,"language_code":23,"site_id":24,"html_lang":23,"table_of_contents":25,"faqs":26,"seo_title":13,"seo_description":14,"update_tm":27,"read_time":28},113028,7971461741311,"Ophelia","https://ap-avatar.wpscdn.com/avatar/74000253aff267980c6?x-image-process=image/resize,m_fixed,w_180,h_180&k=1779345379180704826",8,"Research & Report","Serbia Systematic Country Diagnostic Update 2020","Systematic Country Diagnostic Update for Serbia (April 2020) analyzes the constraints preventing stronger, inclusive growth and highlights priority directions for development. The report reviews recent economic performance, macroeconomic stability, governance and institutional capacity, and links growth outcomes to investment and financing, human capital, productivity, and business environment frictions. It also assesses inclusion, environmental sustainability and climate action, governance risks, and sets out priority areas and knowledge/data gaps.","Report No. 147543-YF | April 2020  \nSerbia  \nSystematic Country Diagnostic Update  \nPub lic Disclosure Authorized Pub lic Disclosure Authorized Pub lic Disclosure Authorized Pub lic Disclosure Authorized  \nEUROPE AND CENTRAL ASIA REGION  \nContents  \nAbbreviations and Acronyms v  \nAcknowledgements vi  \nPreface vii  \n1. Introduction 1  \nKey Recent Economic Developments 1  \nFaster Progress is Needed to Achieve Aspiration of European Prosperity 3  \nA Changing and Challenging Context: Demographic Trends and Regional Relations 6  \n2. What is Holding Back Stronger Economic Growth? 8  \nMaintaining Hard-Won Macroeconomic Stability and Strengthening Governance as Preconditions 8  \nEnabling Factor 1: Expanding Investments and Financing 9  \nEnabling Factor 2: Human Capital and Worker Skills 11  \nEnabling Factor 3: Productivity, the Business Environment, and Underlying Governance Constraints 12  \n3. Equal Opportunities and Inclusion 18  \n4. Environmental Sustainability and Climate Action 25  \n5. Governance and Institutions as Foundational Drivers for Serbia’s Development 31  \nOverall Trends since 2015: Some Progress but Important Setbacks 31  \nStrengthening Policy Coordination and Institutional Capacities 32  \nControlling Corruption and Rent-seeking, and Strengthening Transparency and Accountability 35  \nSignificant Socio-Political Risks 35  \n6. Priorities 37  \nPriority areas where continued efforts are needed 39  \nPriority areas with increasing prominence 40  \nReferences 42  \nAnnex 1: Comparison with priorities in the 2015 SCD 44  \nAnnex 2: Knowledge and data gaps 45  \nEndnotes 47  \nSERBIA SYSTEMATIC COUNTRY DIAGNOSTIC UPDATE 2020  \nFigures and Tables  \nFigure 1. Average economic growth increased while the public debt fell. 2  \nFigure 2. Poverty declined due to economic growth and its impact on low-income households. 2  \nFigure 3. The income of households in the bottom 40 percent has increased. 3  \nFigure 4. Inequality of opportunity starts from an early age. 3  \nFigure 5. The contribution of productivity to GDP growth fell between 2000 and 2018. 4  \nFigure 6. Serbia faces development challenges related to an aging population. 4  \nFigure 7. Serbia’s goal of reaching European levels of per capita GDP remains distant. 4  \nFigure 8. Organizing Framework. 5  \nFigure 9. The Contribution of Consumption, Investment, and Net Exports to GDP Growth, 2001–18. 8  \nFigure 10. Revenue, Expenditure, and Fiscal Balance by Country, 2012 and 2018. 8  \nFigure 11. Domestic Private Investment Trends, 2001–18. 10  \nFigure 12. Most Serbian Firms Experience Difficulties in Hiring Workers. 11  \nFigure 13. A Serbian manufacturing firm needs three times as many workers as the average firm in the EU to produce the same level of output. 12  \nFigure 14. High-Tech Exports as a Share of Total Exports, 2007–18. 13  \nFigure 15. ICT services constitute a higher share of total services exports in Serbia than in the 7STEEs. 13  \nFigure 16. There are many sectors in Serbia with state-owned enterprises. 14  \nFigure 17. Serbia underperforms in several areas of the Logistics Performance Index. 15  \nFigure 18. International Property Rights Index. 17  \nFigure 19. Government Effectiveness and Legal and Regulatory Risks. 17  \nFigure 20. Labor income was the main driver of poverty reduction. 18  \nFigure 21. Employment is lower in Serbia than in neighboring European countries. 18  \nFigure 22. Serbia’s agricultural productivity is relatively low. 19  \nFigure 23. Roma people in Serbia continue to face multiple challenges. 19  \nFigure 24. Access to sewerage services is less in poorer municipalities. 23  \nFigure 25. Coverage of Means-Tested Social Assistance by income quintile, 2017. 23  \nFigure 26. Serbia lags peer countries on environmental protection. 25  \nFigure 27. Low energy productivity contributes to high CO2 emissions. 26  \nFigure 28. Serbia has relatively low access to safely managed sanitation services. 26  \nFigure 29. Serbia ranks high in output affected by a 100-year flood. 2","cbCaib5x6YPscdiH","https://ap.wps.com/l/cbCaib5x6YPscdiH","pdf",638176,1,52,"English","en",105,"# Contents\n## Abbreviations and Acronyms\n## Acknowledgements\n## Preface\n## 1. Introduction\n## 2. What is Holding Back Stronger Economic Growth?\n## 3. Equal Opportunities and Inclusion\n## 4. Environmental Sustainability and Climate Action\n## 5. Governance and Institutions as Foundational Drivers for Serbia’s Development\n## 6. Priorities\n## References\n## Annex 1: Comparison with priorities in the 2015 SCD\n## Annex 2: Knowledge and data gaps\n## Endnotes","[{\"question\":\"What are the report’s core themes for Serbia’s development?\",\"answer\":\"The report focuses on factors limiting stronger economic growth, governance and institutions, equal opportunities and inclusion, and environmental sustainability and climate action.\"},{\"question\":\"Which areas does the report identify as prerequisites for stronger growth?\",\"answer\":\"It emphasizes maintaining macroeconomic stability and strengthening governance, alongside expanding investments and financing, improving human capital and worker skills, and addressing productivity, business environment, and governance constraints.\"},{\"question\":\"How does the report structure its priorities and supporting evidence?\",\"answer\":\"It presents priority areas where continued efforts are needed and areas with increasing prominence, supported by figures and tables, and includes annexes comparing priorities with the 2015 SCD and listing knowledge/data gaps.\"}]",1784499055,131,{"code":4,"msg":30,"data":31},"ok",{"site_id":24,"language":23,"slug":32,"title":13,"keywords":33,"description":14,"schema_data":34,"social_meta":85,"head_meta":87,"extra_data":89,"updated_unix":27},"serbia-systematic-country-diagnostic-update-2020","",{"@graph":35,"@context":84},[36,53,67],{"@type":37,"itemListElement":38},"BreadcrumbList",[39,43,47,50],{"item":40,"name":41,"@type":42,"position":20},"https://docshare.wps.com","Home","ListItem",{"item":44,"name":45,"@type":42,"position":46},"https://docshare.wps.com/document/","Document",2,{"item":48,"name":12,"@type":42,"position":49},"https://docshare.wps.com/document/research-report/",3,{"item":51,"name":13,"@type":42,"position":52},"https://docshare.wps.com/document/serbia-systematic-country-diagnostic-update-2020/113028/",4,{"url":51,"name":13,"@type":54,"author":55,"headline":13,"publisher":57,"fileFormat":60,"inLanguage":23,"description":14,"dateModified":61,"datePublished":61,"encodingFormat":60,"isAccessibleForFree":62,"interactionStatistic":63},"DigitalDocument",{"name":9,"@type":56},"Person",{"url":40,"name":58,"@type":59},"DocShare","Organization","application/pdf","2026-07-19",true,{"@type":64,"interactionType":65,"userInteractionCount":4},"InteractionCounter",{"@type":66},"ViewAction",{"@type":68,"mainEntity":69},"FAQPage",[70,76,80],{"name":71,"@type":72,"acceptedAnswer":73},"What are the report’s core themes for Serbia’s development?","Question",{"text":74,"@type":75},"The report focuses on factors limiting stronger economic growth, governance and institutions, equal opportunities and inclusion, and environmental sustainability and climate action.","Answer",{"name":77,"@type":72,"acceptedAnswer":78},"Which areas does the report identify as prerequisites for stronger growth?",{"text":79,"@type":75},"It emphasizes maintaining macroeconomic stability and strengthening governance, alongside expanding investments and financing, improving human capital and worker skills, and addressing productivity, business environment, and governance constraints.",{"name":81,"@type":72,"acceptedAnswer":82},"How does the report structure its priorities and supporting evidence?",{"text":83,"@type":75},"It presents priority areas where continued efforts are needed and areas with increasing prominence, supported by figures and tables, and includes annexes comparing priorities with the 2015 SCD and listing knowledge/data gaps.","https://schema.org",{"og:url":51,"og:type":86,"og:title":13,"og:site_name":58,"og:description":14},"article",{"robots":88,"canonical":51},"index,follow",{"doc_id":7,"site_id":24},{"code":4,"msg":5,"data":91},[92,96,100,104,109,114,119,122,127,130,134],{"id":20,"doc_module":4,"doc_module_name":45,"category_name":93,"show_sort_weight":94,"slug":95},"Story & Novel",90,"story-novel",{"id":46,"doc_module":4,"doc_module_name":45,"category_name":97,"show_sort_weight":98,"slug":99},"Literature",80,"literature",{"id":52,"doc_module":4,"doc_module_name":45,"category_name":101,"show_sort_weight":102,"slug":103},"Exam",70,"exam",{"id":105,"doc_module":4,"doc_module_name":45,"category_name":106,"show_sort_weight":107,"slug":108},5,"Comic",60,"comic",{"id":110,"doc_module":4,"doc_module_name":45,"category_name":111,"show_sort_weight":112,"slug":113},6,"Technology",50,"technology",{"id":115,"doc_module":4,"doc_module_name":45,"category_name":116,"show_sort_weight":117,"slug":118},7,"Healthcare",40,"healthcare",{"id":11,"doc_module":4,"doc_module_name":45,"category_name":12,"show_sort_weight":120,"slug":121},30,"research-report",{"id":123,"doc_module":4,"doc_module_name":45,"category_name":124,"show_sort_weight":125,"slug":126},9,"Religion & Spirituality",20,"religion-spirituality",{"id":125,"doc_module":4,"doc_module_name":45,"category_name":128,"show_sort_weight":125,"slug":129},"World Cup","world-cup",{"id":131,"doc_module":4,"doc_module_name":45,"category_name":132,"show_sort_weight":131,"slug":133},10,"Lifestyle","lifestyle",{"id":135,"doc_module":4,"doc_module_name":45,"category_name":136,"show_sort_weight":105,"slug":137},19,"General","general"]