News:Argos:“Serbia Express” - Road to a regional leadership position

The Virtue of Perfectionism

Recognizing Serbia's potential, the USAID decided to invest $14.7 million in the Serbia Competitiveness Project to increase the position of Serbia and its SME's in the competitive landscape of Europe and beyond.

The last World Economic Forum’s Global Competitiveness Report ranked Serbia on 91st place, out of 131 countries. Of the countries in the region which are better ranked than Serbia are Slovenia (39th), Hungary (47th), Croatia (57th), Romania (74th), Bulgaria (79th), and Montenegro (82nd). Serbia is ranked higher than Macedonia (94th), Bosnia and Herzegovina (106th), and Albania (109th).

In general terms, competitiveness is the ability of a firm, sub-sector or country to sell and supply goods and/or services in a given market. It is about the awareness of both the limitations and challenges posed by global competition.




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