economy
April 4, 2026
IBRO IBRAHIMOVIĆ ESTABLISHES THESIS: Where the Market Ends, the State Begins!
Advisor to the Deputy Prime Minister and member of the SPS Presidency - Ibro Ibrahimović, in an author's text, reflected on global changes affecting every parameter of society.
TL;DR
- Global crises have revealed the limits of market-driven economies and re-emphasized the state's importance.
- In crises, states rely on their own capacities, making the state a key factor for economic stability and continuity.
- Economic patriotism is a practical approach where the state identifies, protects, and develops its interests.
- Major economies like the US, EU, and China demonstrate active state involvement in their industries and development.
- Openness to the world does not mean abandoning national interests; the market is a field for state position protection.
- State intervention is necessary to correct market failures, prevent power concentration, and protect the public interest.
- Economic sovereignty is tied to control over energy, food, and key industries.
- Serbia's success in maintaining stability during the pandemic and energy crisis demonstrates the state's crucial role.
- The state's capacity to react quickly and independently is vital, as seen in securing medical supplies and energy supply.
- Economic progress requires a long-term plan and an active state role in guiding, supporting, and protecting strategic sectors.
- Keeping pace with global technological trends like AI and digital transformation is essential for economic competitiveness.
- Economic patriotism is a matter of responsible policy, recognizing the limits of market globalization.