Meagan-177-002 -

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

: Serbia's growth has been steady but insufficient to close the income gap with EU nations. meagan-177-002

: Low levels of research and development (R&D) compared to EU standards. This paper examines the historical and future drivers

The paper identifies structural deficiencies in Serbia's economy and suggests reforms to enhance productivity and boost total factor productivity. Below is a draft summary and analysis based on the key themes of that report. regarding the Republic of Serbia .

: Growth previously driven by labor and capital accumulation is reaching its limit, necessitating a shift toward productivity-led growth.

The identifier "" appears to refer to a specific Selected Issues paper published by the International Monetary Fund (IMF) on July 10, 2025, regarding the Republic of Serbia .