01710cas a2200241 a 4500 AALejournalIMF007147 230101c9999 xx r poo 0 0eng d 5.00 USD 9781455249244 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Republic of Serbia : Seventh Review and Inflation Consultation Under the Stand-By Arrangement. Washington, D.C. : International Monetary Fund, 2011. 1 online resource (56 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The global financial crisis unmasked Serbia's unsustainable pre-crisis growth model. Looking back, the Stand-By Arrangement (SBA) provided effective insurance against a financial meltdown, initiated the needed re-balancing of the economy, but could not prevent large job losses. Looking ahead, the transition to a more sustainable growth model remains incomplete and fragile. The export-led recovery is expected to continue picking up steam, but labor market conditions will remain difficult. The current account deficit is expected to remain relatively high, requiring significant capital inflows to maintain external balance. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2011/095 Full text available on IMF http://elibrary.imf.org/view/journals/002/2011/095/002.2011.issue-095-en.xml IMF e-Library