Regional development of Serbia at the beginning of the XXI century

Problem of regional inequality in Serbia is rather noticeable. Regional inequality and polarization of Serbia can be observed primarily on the example of the City of Belgrade and the AP Vojvodina, which are according to numerous indicators of development evidently ahead other regions in the country. Negative development trends in Serbia present a major problem that threatens to jeopardize the future of regional and social development of the state itself and the process of European integration too. The paper presents some indicators of regional inequality as well as the importance of taking measures to achieve a higher level of economic development. When we talk about regionalization as a factor of public regulation of economic and regional development in the conditions of transition in Serbia, European integration in Europe and globalization in the world, it is necessary to take into account possibilities, limitations, applicability and specific characteristics of the Serbian economy in order to secure socio-economic and geographical framework for conducting economic activities. [Project of the Serbian Ministry of Education, Science and Technological Development, Grant no. 176017 and Grant no. 176008]