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Crisis 1999
Archive 1999

Stability pact for Serbia

A year before the end of the 20th century Serbia is in worse position than it was at the beginning of the century. During the last decade only, a moral and financial collapse, wars, political instability, legal insecurity, immense decline of the standard of living and endangered individual and property rights, have brought the country to the verge of survival, while the whole nation has become biologically imperiled.

After the NATO bombing the country is faced with catastrophic consequences, while the reasonable people have become aware of the fact that no single spiritual, economic or political power is able to guarantee a quick, just and final solution to the conflicts provoking further territorial disintegration, poverty increase and a new civil war.

It is therefore necessary to urgently adopt a Stability Pact for Serbia, as a transitional solution grounded in responsibility of all actors and a prerequisite for economic and state reforms.

A genuine responsibility is based on the readiness of all those in power or those aspiring, to retreat for a year, in the name of a transitional and peaceful solution and the country's future in the forthcoming century.

It is necessary that the ruling regime, led by Slobodan Milosevic, withdraws from all the positions in the Republic and that all opposition parties abandon any aspirations to come to power in the Republic and their leaders to participate in transitional forms of government.

Depending on the political actors and their readiness to accept such a renouncement, a modus for a Transitional Expert Government should be found no later than 1st September 1999, appointed by a personality whose expertise and reputation can be supported by all signatories of this Pact.

Within a year the Transitional Expert Government must conduct the following:

1. To initiate the economic reform and include the country in the Stability Pact of South-East Europe.

2. To conduct the legal reforms and offer solutions to all relations within the federation of Serbia and Montenegro.

3. To prepare free elections at all levels.

The Transitional Government must be given free hand through one-year mandate and political consensus securing efficient implementation of all measures.

The Transitional Government commits itself neither to participate in the elections to be scheduled after its one-year mandate, nor to support any single political party.

The Transitional Government commits itself to work transparently and to cooperate with the Government of Montenegro with regard to the establishment and jurisdiction of the Federal Transitional Government.

In order to guarantee the accomplishment of the above commitments, it is necessary to enact the legal mechanisms of their control.

Introduction of the Stability Pact for Serbia and the Transitional Expert Government will provide legal conditions for a peaceful political environment, guiding the country from the economic chaos to the status of a newly associated member of the European Union, while the political actors, through one-year acquittal and truce, prove themselves as truly responsible policy makers in the next century which could finally begin without revenge but with a hope for reconciliation.

In Vrnjacka Banja, July 18, 1999

Members of G17: Mladjan Dinkic (Coordinator), University of Belgrade, Department of Economics
Veselin Vukotic (Coordinator), University of Podgorica, Department of Economics
Srboljub Antic, Institute of Economics, Belgrade
Mihail Arandarenko, University of Belgrade, Department of Economics
Zeljko Bogetic, International Monetary Fund, Washington
Petar Ivanovic, University of Podgorica, Department of Economics
Milan Kovacevic, Private Consultant, Belgrade
Ljubomir Madzar, University of Belgrade, Department of Economics
Branko Milanovic, World Bank, Washington
Milic Milovanovic, University of Belgrade, Department of Economics
Jelica Minic, Institute of Economic Sciences, Belgrad
Dusan Vujovic, World Bank, Washington
Bosko Zivkovic, University "Braca Karic", Belgrade, Department of Management
Aleksandra Jovanovic, University of Belgrade, Department of Law
Gradimir Kozetinac, Money Market, Belgrade
Miroljub Labus, University of Belgrade, Department of Law
Nebojsa Medojevic, Independent expert, Podgorica
Danica Popovic, University of Belgrade, Department of Economics
Dejan Popovic, University of Belgrade, Department of Law
Milko Stimac, Belgrade Stock Exchange
Ivan Vujacic, University of Belgrade, Department of Economics Source: G17 - Stability pact for Serbia

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