This paper examines the historical and future drivers of economic growth in the Republic of Serbia. While Serbia has maintained growth rates comparable to regional peers, a significant income gap with the European Union (EU) persists. As traditional contributions from labor and capital are projected to decline, this report argues for urgent structural reforms to boost total factor productivity and ensure sustainable long-term development. 1. Economic Context and Growth Drivers
To accelerate growth and productivity, the paper proposes: meagan-177-002
: Incentivizing private and public investment in R&D and technological development. This paper examines the historical and future drivers