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Year IV Number 65 - March 2, 2007
Implementing Reform in Serbia: Lessons from Argentina
A lot of “Argentine ideas” have been floated in Serbia of late. As Serbia looks at experiences of other countries, it must realize that the key to growth and development lies in generating the kind of economic competitiveness that allows the country to succeed in the global marketplace. Most importantly, it must realize that there is no global conspiracy led by international fi nancial institutions, and that the blame for failure, as well as praise for success, should be directed towards domestic reformers, rather than anyone else.
By Boris Begovic
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A lot of “Argentine ideas” have been floated in Serbia of late. As Serbia looks at experiences of other countries, it must realize that the key to growth and development lies in generating the kind of economic competitiveness that allows the country to succeed in the global marketplace. Most importantly, it must realize that there is no global conspiracy led by international fi nancial institutions, and that the blame for failure, as well as praise for success, should be directed towards domestic reformers, rather than anyone else.

This text was originally published by the Economic Reform Feature Service of the Center for International Private Enterprise. The views expressed by the author are his own and do not necessarily represent the views of the Center for International Private Enterprise.

Boris Begovic is vice president of the Center for Liberal- Democratic Studies (CLDS) and a professor of economics at the University of Belgrade School of Law. He received hiseducation at the University in Belgrade, the London School of Economics, and Harvard University’s Kennedy School of Government. Dr Begovic was a chief economic adviser of the Federal Government of FR Yugoslavia 2000-2002, mainly involved in negotiations with IFIs, WTO accession and foreign trade liberalization, and foreign debt rescheduling. He has published numerous articles in international and domestic journals and has written two books: An Economic Approach to Optimal City Size (1991) and Th e Economics of Town Planning (1995).