o:28788 Model razvoja Srbije zasnovan na jačanju eksterne zavisnosti Strengthening of external dependence as development model of Serbia sr Apstrakt: U radu se analizira proces razvoja Republike Srbije u XXI veku. Konstatuje se da je razvoj baziran na prilivu inostranog kapitala po dva velika osnova: stranih direktnih investicija SDI (obilato podstaknutih davanjem visokih subvencija od strane države) i od doznaka naših radnika iz inostranstva. Oba navedena izvora čine priliv od preko 10% BDP-a Srbije i potpomažu kako ostva- rivanje unutrašnje stabilnosti, tako i ostvarivanju investicione aktivnosti na znatno višem nivou od onog koji je moguć na bazi domaće štednje. Sa druge strane, konstatuje se da, uprkos napretku i pomacima ostvarenim u poslednji 4-5 godina, domaća štednja je još uvek na vrlo niskom nivou. To je samo delimično posledica niskog nivoa raspoloživog dohotka, jer druge zemlje na istom nivou BDP-a p.c. imaju značajno više učešće domaće štednje u raspodeli stvorene vrednosti. U radu se takođe analizira i nepovoljna struktura investicija koje se preduzimaju u Srbiji gde do- miniraju javne investicije i SDI, dok su privatne investicije zapostavljene i imaju prosečno učešće od svega 10,8% BDP-a, dok u zemljama CIE to iznosi preko 16%. Na kraju rada se daju određene preporuke za poboljšanje stanja i usmeravanje razvoja Srbije na veće oslanjanje na sopstvene izvore, odnosno uz postepeno smanjivanje zavi- snosti od priliva iz inostranstva. Abstract: The paper analyzes the development process of the Republic of Serbia in the 21st century. It is established that the development is based on the inflow of foreign capital on two major bases: foreign direct investments (FDI) (profusely en- couraged by the provision of high subsidies by the state) and remittances from our workers from abroad. Both of the mentioned sources constitute an inflow of over 10% of Serbia’s GDP and support both the achievement of internal stability and the realization of investment activity at a significantly higher level than that which is possible on the basis of domestic savings. On the other hand, it is stated that, despite the progress and developments achieved in the last 4-5 years, domestic savings are still at a very low level. It is only partly a consequence of the low level of disposable income, because other countries at the same level of GDP p.c. have a significantly higher share of domestic savings in the distribution of created value. The paper also analyzes the unfavorable structure of investments undertaken in Serbia, where public investments and FDI dominate, while private investments are neglected and have an average participation of only 10.8% of GDP, while in CEE countries it amounts to over 16%. At the end of the paper, certain recommendations are given for improving the situation and directing the development of Serbia to a greater reliance on its own sources, i.e. with a gradual reduction of dependence on inflows from abroad. KLЈUČNE REČI: PRIVREDNI RAZVOJ, NA- CIONALNA ŠTEDNJA,INVESTICIJE, DOZNAKE KEY WORDS: ECONOMIC DEVELOPMENT, DO- MESTIC SAVINGS, INVESTMENTS, REMITANCES 1552100 978-86-403-1783-2 2023-04-12T12:15:45.628Z 44 no 46 Milorad Filipović Univerzitet u Beogradu Ekonomski fakultet 12524135 0000-0002-1438-6181 Miroljub Nikolić person Jovan Filipović person application/pdf 578931 https://phaidrabg.bg.ac.rs/o:28788 no yes 1 70 92000004 11A03 Ekonomska politika u Srbiji i svetu u 2023. godini 63 72 2023