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2021, vol. 7, iss. 2, pp. 83-93
Economic aspects of the integration processes of the Republic of Serbia
aAlfa University, Faculty of Trade and Banking 'Janićije i Danica Karić', Belgrade, Serbia
bUniverzitet za nacionalnu i svetsku ekonomiju, Fakultet za međunarodnu ekonomiju i politiku, Sofija, Bugarska
cVisoka poslovna škola strukovnih studija, Beograd

emailmilica.simic@alfa.edu.rs, antoaneta_vassileva@yahoo.com, anicican@gmail.com
Abstract
Exchange of goods and services is the most important domain of economic cooperation between the Republic of Serbia with the world and is crucial for faster growth of gross domestic product (and thus expected economic growth rates and faster social development and rising living standards) in the coming period. Due to this, paper analyses the degree of involvement of the Republic of Serbia in total world exports, its most important foreign trade partners, the degree of openness of the economy and the share of exports in gross domestic product, analyzing the period from 2008 to 2017. The aim of this paper is to study specific relations between the Republic of Serbia and its most important foreign trade partners and their interdependence with the integration processes through multilateral and bilateral cooperation with the European Union, Eurasian Economic Union, World Trade Organization and Central European Free Trade Agreement. Based on the updated statistical research and analysis of the content of the basic determinants of bilateral agreements, recommendations were given for the future development of integration processes within the European Union and the Eurasian Economic Union.
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article language: Serbian, English
document type: Review Paper
DOI: 10.5937/Oditor2102083S
received: 09/01/2021
accepted: 22/04/2021
published in SCIndeks: 25/09/2021
Creative Commons License 4.0

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