World economic forum competitiveness indicators and policy actions
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World Economic Forum Competitiveness Indicators and Policy Actions. Aleksandra Zoric Krzic USAID Serbia. Analyzing Serbia:. WB Doing Business Report: rank 94 among 181 countries major weaknesses: Dealing with Construction Permits (171)

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World economic forum competitiveness indicators and policy actions

World Economic Forum Competitiveness Indicators and Policy Actions

Aleksandra Zoric Krzic USAID Serbia


World economic forum competitiveness indicators and policy actions

Analyzing Serbia:

  • WB Doing Business Report:

  • rank 94 among 181 countries

  • major weaknesses:

  • Dealing with Construction Permits (171)

  • Starting / closing a business

  • Paying taxes

  • Registering property

  • Enforcing contracts

  • Employing workers

WEF Glob. Comp. Report:

rank 85 among 132 countries

….will be discussed further


World economic forum competitiveness indicators and policy actions

The most problematic factors for doing business WEF GCR

2008-2009 2007-2008


World economic forum competitiveness indicators and policy actions

Serbia comparing to average

of countries at the second stage of development

Innovation & Sophistication

Basic Requirements

Efficiency Enhancers


World economic forum competitiveness indicators and policy actions

In numbers….

Progress against last year (6 positions up)

45 positions up


The usaid competitiveness project support

- Financed WEF and WB Indicator Analysis by a local Think Tank“International Competitiveness and Economic Growth of Serbia” by CEVES- Advised on the new Structure of the NCC- Policy assistance / Drafted Action Plan 2009------------------------------------------------------------------------------------------------------------ Request for STTA to assist with implementation

The USAID Competitiveness Project support


World economic forum competitiveness indicators and policy actions

  • Serbia NCC:

  • Reestablished late 2007 (in 2002 failed)

  • Currently 32 members (Government members mostly)

  • 5 Working Groups(inefficient)

  • No clear agenda

  • General recommendations:

  • 1. Reduce the size of the NCC -max 20-22 members, less Gov. members - invite top leaders and decision makers

  • 2. Formalize a NCC Secretariat

  • 3. Redesign the Working Groups (to respond to policy priorities)

  • 4. Set clear goals

  • 5. Monitor performance (based on WEF and WB indicators)

Policy Priority Areas:

1. Public Administration 2. Micro-Econ. Environment3. Educational Reform4. Energy Efficiency5. Infrastructure Development


World economic forum competitiveness indicators and policy actions

Recommendations for Policy Priorities by Working Groups:

  • Public Administration

  • Burden of Gov. Regulations

  • Extent of staff training*

  • Effectiveness of Antimonopoly Policy**

  • Regulation on Securities and Exchange

  • Soundness of Banks

  • 2. Market Efficiency

  • Extent of Market Dominance

  • Intensity of Local Competition**

  • Financial Market Sophistication

  • Restriction of Capital Flows

  • 3. Human Capital

  • Extent of Staff training*

  • Reliance on Professional Management

  • Quality of Management Schools

4. Energy

Quality of Overall Infrastructure

Quality of Electrical Supply

Energy Security

Prospects for Renewable Energy

5. Infrastructure

Quality of Roads

Prospects of integration in Pan-European Logistic Network


Thank you

A strong political leadership, with a clear vision and commitment to economic growth as a priority.

Thank you!


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