EU-Serbia Cooperation and Development in the Mirror of Economic Framework

Abstract

The present work carries out an analysis of the European Union's enlargement policy and their economic impacts from the dissolution of Yugoslavia until nowadays. The analysis focuses mainly on institutional sources and takes into account the Serbian perspective, as an element of originality and innovation. In more detail, the study assesses the quality parameters in relation to the standard required by the EU. The study questions the level of economic preparedness. Serbia is an important partner for the EU in relation to imports and exports, the data shows and justify that economic reform and the consolidation of a market economy is essential for the integration. As a result of economic-regional cooperation, the country is receiving significant financial support under the IPA programs. The regional approach has proven to be beneficial for Serbia and it is highly asymmetric in favour of Serbian interests.  Despite some moderate progress, Serbia is not fully prepared in economic terms for accession.