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2007, vol. 31, iss. 2, pp. 263-272
Institutional presumptions of the improvement of competitiveness of the Serbian economy
Univeristy of Niš, Faculty of Economy
Keywords: competitiveness; adaptive efficiency; institutions; models of market economy
Permanent improving of the competitiveness is one of the most significant tasks of national economies in the era of globalization. In the paper, some indirect mechanisms and factors will be indicated, that shape competitiveness and adaptive efficiency of economy. These mechanisms are represented in the institutional structure of the economy. Competitive ability of an economy can be determined by sometimes very different institutional arrangements. Therefore, improving competitiveness of Serbian economy must be sensitive for the existing institutional structure of the society, as well as for the potentials and constrains that it imposes, regarding national competitiveness.
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article language: Serbian
document type: Review Paper
published in SCIndeks: 28/02/2008