Economic and Tax Competitiveness in Selected South East European Countries
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Abstract
National competitiveness has become one of the central preoccupations of government in every nation. International capital flows affect diversification of business activities and intensifying competitive advantage. Market liberalization, open economy, and economic integration have become a key principle of globalization and the disregard of them reduces the possibility of a certain economy to be competitive in global terms. This assertion is primarily directed towards small countries and countries which aren't economic strong enough to withstand the competitive pressure and they are forced to economic integrated. The aim of the paper is to draw the attention to the significance of competitiveness and tax rates in the economy. The subject of the paper is showing the
competitive position of Serbia with special emphasis on the WEF indicators and tax rates.
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Policy Analysis". Cato Institute, Annual Report No. 431.
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Garelli, S. 2014. "The Fundamentals and History of Competitiveness". In IMD World
Competitiveness Yearbook, Lausanne: IMD World Competitiveness Center, pp. 488-503.
IMF. 2016. World Economic Outlook Database, Data and Statistics, available at:
https://www.imf.org/external/pubs/ft/weo/2015/01/weodata/index.aspx
Kalaš, B. 2015. "The importance of foreign direct investment in function of sustainable
development", Annals of the Faculty of Economics in Subotica, 51(33): pp. 217-235.
KPMG. 2016. Tax rates, available at:
http://www.kpmg.com/global/en/services/tax/pages/default.aspx
Krugman, P.R., & Obstfeld, M. 2003. International Economics: Theory and Policy, 4th edition,
New York: Harper Collins.
Lengyel, I. 2004. "The pyramid model: Enhancing regional competitiveness in Hungary". Acta Oeconomica, 54(3): pp. 323-342.
Matthews, S. 2011. "What is a Competitive Tax System?". OECD Taxation Working Papers No. 2 OECD Publishing Paris.
MIGA. 2006. Investment Horizons: Benchmarking FDI Opportunities. Washington, DC, The World Bank, New York.
Munier, N. 2005. Inclusive Wealth Report, 2012, Introduction to Sustainability - Road to a Better Future, Springer, Dordrecht.
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Myles, G.D. 2000. "Taxation and Economic Growth". Fiscal Studies, 21(1): pp. 141-168.
OECD. 2010. "Tax Policy Reform and Economic Growth: Growth-oriented Tax Policy Reform
Recommendation", available at: http://www.oecd.org/berlin/46391708.pdf
Pere, E., & Hashorva, A. 2011. "Tax Systems in West Balkans Countries - Between Simplicity
and Efficiency". Romanian Economic and Business Review, 6(2): pp. 80-94.
Porter, М., Schwab, K., Sorrell, M., & Lopez-Claros, A. 2004. "The Global Competitiveness
Report 2004 - 2005", Palgrave Mаcmillian, New York.
Regional Cooperation Council of EU. 2013. "South East Europe 2020: Jobs and Prosperity in a European Perspective". European Union, available at: http://www.rcc.int/pages/86/southeast-europe-2020-strategy
Savić, N. 2012. "Comparative Analysis Based on New Competitiveness Index", Panoeconomicus, 59(1): 105-115. DOI: 10.2298/PAN1201105S.
Schwab, K. 2010."The Global Competitiveness Report 2010-2011". World Economic Forum,
Geneva
Simons, K. 2003. "Industrial Growth and Competition". The Role of Technology in Firm Success, Industry Evolution, and Regional and National Growth, Essential Course Notes EC2212.
Siyan, P., & Adebayo, F.O. 2005. "An empirical investigation of stability and money demand in Nigeria (1970-1999)". Nigerian Journal of Economics Development Matters: 4(1): pp. 87-102
UNCTAD. 2011. "Voluntary peer review of competition law and policy: Serbia". United Nations Conference on Trade and Development, Full Report, New York.
World Bank. 2014. "Rebalancing Serbia's Economy: Improving Competitiveness, Strengthening the Private Sector and Creating Jobs", Report No: ACS8575.
World Bank. 2015. Doing business available at: http://www.doingbusiness.org/rankings
World Economic Forum. 2007-2014. Global Competitiveness Report, available at:
http://www3.weforum.org/docs/WEF_GlobalCompetitivenessReport_2007-15.pdf
Zeneli, V. 2014. "Economic Development in the Western Balkans: On the Road to Competitive Market Economies". The Quarterly Journal, 8(4): pp. 53-64.
Zeneli, V. 2011. "The Determinants for the Attraction of FDI in Southeast European Countries: The Role of Institutions". Doctoral dissertation, University of Bari.