STATE AND MARKET REFORMS

Abstract

Almost a quarter of a century since the beginning of market reforms, the transition of the Serbian economy into a modern and functional market economy has not been completed and we are re-dealing with the reasons why and how it happened and who is responsible. Namely, like in other countries of Eastern Europe, in our country as well, it was about moving from the socialist (albeit specific) to the market economy. Bearing this in mind, it is more than clear that the main subject, the catalyst and the carrier of the entire process was the state, which unambiguously puts it in place of, if not the only one, then the most responsible factor (subject) for this situation. That is precisely why the state, deciding to implement a transitory rather than a reformatory concept in the transition process, whose almost exclusive focus was privatization, is most deserving for this "good" state of our economy. Therefore, the establishment of the developmental concept of the economic system, which will function according to the principles and postulates of a modern and functional market economy, required by the world market, will be a key factor in becoming a modern and self-sustaining society.