"Serbia needs 2 pct. GDP growth"

Very perceptive, Lenard, and thank you for explaining how exchange rates work. It's all much clearer now...

For such undeveloped economy like ours anything less then 5 pct. GDP of growth on year basis is just stagnation or "recession".

"For such undeveloped economy like ours anything less then 5 pct. GDP of growth on year basis is just stagnation or "recession".
dean SRB

I fully agree with you.

The increase in exports is due to the drop in the Serbian dinar. Then again imports will be much more expensive.

For such undeveloped economy like ours anything less then 5 pct. GDP of growth on year basis is just stagnation or "recession".
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But I thought Serbia was a regional leader? LOL, not!!

The increase in exports is due to the drop in the Serbian dinar. Then again imports will be much more expensive.

Very perceptive, Lenard, and thank you for explaining how exchange rates work. It's all much clearer now...

For such undeveloped economy like ours anything less then 5 pct. GDP of growth on year basis is just stagnation or "recession".

"For such undeveloped economy like ours anything less then 5 pct. GDP of growth on year basis is just stagnation or "recession".
dean SRB

I fully agree with you.

For such undeveloped economy like ours anything less then 5 pct. GDP of growth on year basis is just stagnation or "recession".
-----------------------

But I thought Serbia was a regional leader? LOL, not!!