SWOT Analysis of Serbia and Montenegro’s Accession to the EU

The first generation of reforms in Serbia, especially in 2001–2002, was carried out “by the book” but the initial successful results blurred and concealed numerous problems that, especially in 2003, were becoming more evident and, finally, caused a delay in, and the blockade of, the further reform processes. It turned out that the political élite failed to reach a consensus on the second generation of reforms which, above all, refers to the rounding-off and functioning of the institutions of a market economy and the rule of law in full. After the October 2000 changes, relations between the FRY/SM and the European Union have altered dramatically. Joining the EU became strategic priority of our foreign policy, as well as reintegration of the SM in the international community. Nevertheless, these processes have their strengths and weaknesses, potential opportunities and threats, which are summarized in this paper.