Примери коришћења Comparable countries на Енглеском и њихови преводи на Српски
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In comparable countries, administrative burdens borne by business entities are at the level of 2-3% of GDP.
Serbian economic growth has been systematically lagging behind the comparable countries, practically since 2010.
Of GDP than in comparable countries, while public investments are insufficient and should be increased by at least 1 p.p.
To make matters worse, Serbian economic growth has additionally slowed down since the second half of 2018,which has not happened in the comparable countries.
Wages in Serbian healthcare are somewhat lower than the common level in comparable countries, which is de-stimulating for the employees in this sector.
Some comparable countries are already treating their entire territories as vulnerable areas: Czech Republic, Estonia, Lithuania, Latvia, Poland, Romania and Slovakia.
The allocations for public investments in Serbia are much lower than in other comparable countries- within a medium-term period they should be increased to 4-5% of the GDP.
Serbia spends about 1.5 pp of GDP less on public investments than other CEE countries, which is why(according to the data of the World Economic Forum)the quality of infrastructure is 30% lower than in comparable countries.
Comparing FDI growth in Serbia and other comparable countries, we can see that it was Serbia that achieved the greatest FDI growth in 2015 compared to 2014.
GDP growth in 2018 could reach 4% due to positive effects of one-off factors, butit will still lag behind that of comparable countries in structural terms.
In addition, we would like to note that the comparable countries, even though they do not treat all of their urban waste water, are improving their infrastructure year in, year out.
In addition, a comparative review shows that Serbia spends far less on public investments than other comparable countries of Central and Eastern Europe.
Economic gap between Serbia and comparable countries continues to grow in 2018, even though Serbian GDP growth(which we estimate to 4.3%) will match the CEE country average exactly.
There are indications that the purchase prices of the gas from Russia were higher for Serbia than for the other comparable countries(which is discussed further in the text).
Namely, Serbia already has a higher share of consumption in the GDP than other comparable countries and it has failed to result in a larger economic growth in Serbia- on the contrary, the economic growth in Serbia has systematically been lower.
Average compensations in the Ministry of Interior in Serbia are not just higher than the rest of the general government butare also far exceeding the relative level achieved by the employees in this sector in comparable countries.
Share of public investments would increase to 3.8% of GDP in 2018The first step towards a lasting increase of public investments to 4-5% of GDPStill at the bottom of the list of comparable countries, but a stronger increase in just one year is unlikely(in 2017, implementation lower than the planned 3.3% of GDP).
However, Serbia has been lagging behind other comparable CEE countries in the public investments 4 expenditures for several decades now,which is why the domestic infrastructure is in a much worse state than that in comparable countries.
Unlike in comparable countries, primary waste separation in Serbia is not developed and waste separation facilities are only available at a few landfills; there are no installations in Serbia for(environmentally sound) incineration of waste or its composting.
In the upcoming years, after 2019, we estimate that the share of public investments in Serbian GDP should be increased even further,to over 4.5% of GDP to slowly close the gap in infrastructure quality between Serbia and comparable countries.
Serbia is lagging behind in infrastructure investmentsRelative to comparable countries, Serbia has the lowest level of public investments(2.5% against 4.5% of GDP)Public investments in Serbia are decreasing, both relative to GDP and the total public expenditures2005-2014.
It is important to point out that, with its basic GDP growth trend of about 3%, Serbia is still among the countries with the lowest growth in the entire Central and Eastern Europe,as the average economic growth of comparable countries in 2017 amounted to 4.5%.
This means that the tax revenues will stop growing due to grey economy suppression in 2017(with grey economy still being more prevalent in Serbia than in comparable countries), and it is also possible that the unreformed Tax Administration jeopardizes the good results achieved in the previous years.
Another information that points out the structural weaknesses of Serbian economy which stand in the way of high GDP growth rates is the fact that since the end of the first wave of the world economic crisis of 2008,Serbian economic growth has been significantly lagging behind other comparable countries.
Hence the municipal infrastructure in Serbia is in a significantly worse state than that in comparable countries, which reflects directly on the lower quality of life and health risks for the population(unsanitary city and municipal landfills, inadequate quality of drinking water, polluted air etc).
In terms of access to clean drinking water, waste treatment, wastewater treatment, percentage of children enrolled into pre-schools and numerous other indicators, Serbia is lagging far behind not only developed EU countries, but also behind comparable countries in Central and Eastern Europe.
Drinking water in Serbia(especially in Vojvodina) is of significantly lower quality than that in the comparable countries, almost no landfill meets the sanitary standards- hazardous substances leech from the landfills into surface waters and aquafers; in addition, the landfills are often subject to fires which produce very dangerous gases.
Low investment share is influenced as well by a poor investment climate, indicated by the poor ranking of Serbia in the relevant studies of competitiveness and corruption(WB, WEF, Transparency International) Due to a poor climate, the private sector in Serbia, and especially small and medium enterprises and entrepreneurs,invest far less than those in other comparable countries.
However, this share- even with a certain increase- will only amount to about 18.5% in 2018 and Serbia will, all things considered,probably continue to lag behind comparable countries in 2019 as well(Serbian GDP is forecast at 3.5% while CEE countries will most likely see an economic growth of over 4%).
Economic growth in Serbia is systematically lower than in comparable12Cause: low investments- 18% of GDP in Serbia,over 22% of GDP in CEEGreater share of private consumption in GDP in Serbia than in comparable countries(75 compared to 58% of GDP), economic growth systematically lowerIt's an illusion that a significant increase in public sector salaries and pensions(above the GDP growth) would accelerate economic growth(many times tried and failed).