The Analysis of Main Macroeconomic Indicators - A Comparative Study of Serbia and Selected SEE Countries

Marjanović, Darko and Zubović, Jovan (2020) The Analysis of Main Macroeconomic Indicators - A Comparative Study of Serbia and Selected SEE Countries. In: Security Challenges and the Place of the Balkans and Serbia in a Changing World. Institute of International Politics and Economics : Faculty of Security Studies, Belgrade, pp. 331-345. ISBN 978-86-7067-275-8

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The analysis of main macroeconomic indicators is important to show the overall state of the economy, to predict its stability and to enable investors, above all, to respond in a timely manner to sudden or unpredictable events. Accordingly, it can be said that the main macroeconomic indicators describe the state and efficiency of each national economy. The main objective of the paper is to present the current economic situation in the observed countries by looking at macroeconomic indicators: real GDP, unemployment rate, consumer and producer price, gross foreign direct investment and total government debt. The subject of the paper is focused on comparative analysis of major macroeconomic indicators in selected SEE countries (Bosnia and Herzegovina, Croatia, Montenegro, North Macedonia, Romania, Serbia and Slovenia). In order to get a clear picture of the current state of each of these economies, the secondary data for 2018 and the first two quarters of 2019.will be used in the analysis, all with the task of presenting any problems that may exist and their possible solutions. Comparing Serbia's position vis-à-vis other SEE countries, it can be concluded that it has transformed into a growing economy with low inflation, fiscal surpluses, declining public debt, lowering external imbalance and a recovery in the labour market. It is expected that the growth trend will continue in the coming period, which will result in even better economic development and increased openness to new investments.

Item Type: Book Section
Additional Information: COBISS.ID=14396681
Uncontrolled Keywords: GDP, unemployment rate, FDI, government debt
Research Department: Macroeconomics
Depositing User: Jelena Banovic
Date Deposited: 29 May 2020 08:18
Last Modified: 21 Oct 2020 08:52

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