While foreign investors focused on improved macroeconomic sustainability brought about by shrinking consumption, the Serbian public was feeling strongly the pinch of the necessary adjustments following the unsustainable consumption spree in the years before the crisis. So, what should we do now? There are three choices in front of us: One could stop the adjustment process and engage in another consumption spree.
I would like to congratulate the organisers on having assembled such a strong list of speakers at this year’s event, which I am sure will be the best yet. Let me begin by thanking the many distinguished speakers who will be appearing during the Conference, as well as the event organisers and sponsors.