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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

slide2

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

slide4

Serbia comparing to average

of countries at the second stage of development

Innovation & Sophistication

Basic Requirements

Efficiency Enhancers

slide5

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

slide7

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

slide8

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!