Dejan Soskic (BETAPHOTO/MILAN OBRADOVIC)
Belgrade School of Economics Professor Dejan Soskic believes that Serbia’s economic structure was a perfect target for the pandemic and that the latter’s negative effects are yet to be fully manifested.
Soskic told the Nezavisnost (Independence) trade union’s web portal on Jan. 18 that “self-praise” about Serbia’s economic achievements during 2020 is unfounded and is more in the domain of political propaganda than reality.
According to him, the economic support measures the Serbian government had adopted last year were financed by taxpayers’ money and have directly increased Serbia’s public debt. “All of us will have to finance and return this debt in the years to come,” said Soskic, who was the Serbian National Bank governor between 2010 and 2012.
When asked why the country’s economy is developing below its potential, the professor said that one of the main problems is the poorly functioning legal system, which is incapable of quickly, competently and objectively protecting contracts and property.
Soskic added that Serbia has become a society of extreme social inequalities, which as such fails to discover, cultivate and develop talents, and ensure professional affirmation and satisfaction of its citizens.
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