THE CONSTITUTION AS A GUARANTEE OF STATE SOVEREIGNTY IN THE PROCESS OF ECONOMIC PROGRESS

Faculty of Business and Law, University of MB, Belgrade, Serbia
Serbia


Abstract

The economic progress of every state is conditioned by respect for constitutional provisions. This respect guarantees the stability of institutions, the unhindered development of bilateral relations that are of crucial importance for the economic progress of the state, but at the same time the unhindered functioning of the economy of a state. The Constitution of the Republic of Serbia guarantees the right to a free economy, and it is precisely this constitutional provision that is immanent to states with a democratic prefix in terms of their state system. This paper focuses on the importance of constitutionality for the unhindered economic development of a state, as well as on the consequences that may follow if the legal order of a state is not respected. At the same time, the analysis goes in both directions, and this research aims to show the effects of the abuse of political power and thus the use of constitutional norms but in personal interest. Specifically, the research aims to present all forms of use and abuse of sovereignty in the process of economic progress of a society, with a focus on the Republic of Serbia and the Republika Srpska.

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