Author: Marat Terterov
Publisher: Gmb Pub Limited
Published: 2004
Total Pages: 419
ISBN-13: 9780749441425
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* $1.3 billion was raised in 2001 by the World Bank and the European Commission for economic restructuring of Serbia and Montenegro* Economic growth is predicted to be 4.5% in 2003* Authoritative, practical advice for any organization planning or currently investing and trading in Serbia* Includes contributions from prestigious international partners from the accounting, banking and legal worlds, including the local offices of Deloitte & Touche, the American Chamber of Commerce, Raiffeissen Bank, and the Serbian Investment and Export Promotion Agency.* Of interest to senior executives, CEOs, entrepreneurs. Also consultants, analysts, business academics and government strategists. After the political upheaval of the late 1990s, the restructured country of Yugoslavia formed into a loose federation of two republics -- Serbia and Montenegro -- in February 2003. Mismanagement under the former Federal Yugoslav President Milosevic, drawn-out economic sanctions and the war in Kosovo have all contributed to the diminishing economy in this area. Since Milosevic was ousted from power in 2000, a number of measures have been taken to stabilize the economy and the government has set up an active market reform program. After the renewal of its IMF membership in December 2000, Yugoslavia continued to reinstate itself as a significant part of the international community by rejoining the World Bank and the European Bank for Reconstruction and Development. During the Milosevic era, the smaller republic of Montenegro detached its economy from Serbia and federal control, and continues to maintain its own central bank, uses the euro as opposed to the Yugoslav dinar as official currency, manages its own budget and collects customs tariffs. Despite the complicated political and economical nature of Serbia & Montenegro, substantial growth was predicted for 2003. Doing Business with Serbia and Montenegro provides an authoritative appraisal of the new economic and investment climate, an update on market potential in the key sectors, and unique best practice advice on all aspects of investing in or trading with Serbia and/or Montenegro.Contents include: Background to the Market, Market Potential, Getting Established: The Taxation and Legal Environment, Business Development: Operating an Enterprise, An Overview of the Business and Investment Climate.
