Republic of Serbia : seventh review and inflation consultation under the stand-by arrangement /

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Bibliographic Details
Imprint:Washington, D.C. : International Monetary Fund, ©2011.
Description:1 online resource (56 pages)
Language:English
Series:IMF country report ; no. 11/95
IMF country report ; no. 11/95.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12499339
Hidden Bibliographic Details
Varying Form of Title:Republic of Serbia, seventh review and inflation consultation under the stand-by arrangement
Other authors / contributors:International Monetary Fund. European Department.
ISBN:9781462303144
1462303145
9781455249244
1455249246
Summary:The global financial crisis unmasked Serbia's unsustainable pre-crisis growth model. Looking back, the Stand-By Arrangement (SBA) provided effective insurance against a financial meltdown, initiated the needed re-balancing of the economy, but could not prevent large job losses. Looking ahead, the transition to a more sustainable growth model remains incomplete and fragile. The export-led recovery is expected to continue picking up steam, but labor market conditions will remain difficult. The current account deficit is expected to remain relatively high, requiring significant capital inflows to.