Meagan-177-002

This paper examines the historical and future drivers of economic growth in the Republic of Serbia. While Serbia has maintained growth rates comparable to regional peers, a significant income gap with the European Union (EU) persists. As traditional contributions from labor and capital are projected to decline, this report argues for urgent structural reforms to boost total factor productivity and ensure sustainable long-term development. 1. Economic Context and Growth Drivers

: Reducing state influence and improving the regulatory environment to foster a more competitive market. meagan-177-002

The IMF identifies several critical bottlenecks hindering Serbia's economic potential: This paper examines the historical and future drivers

: Streamlining access to finance for local businesses to drive domestic investment. the paper proposes:

To accelerate growth and productivity, the paper proposes: