and redirecting existing resources, all the processes are accelerated that must be institutionally supported through liberalization of the economy of the state, encouraging the market principles of business with executive legal guarantees for free and fair system of competition and consumer protection. A number of these processes is strengthening the state banking system and the system of insurance and reinsurance, with low inflation and appropriate measures of monetary and fiscal policy. Priorities of the Republic of Serbia in order to accelerate economic development are the development of knowledge-based economy, reducing external and internal debt, the privatization of socially owned enterprises and restructuring of public enterprises, in line with national interests. An important precondition for security is to reduce the difference in the development of the regions, which is possible to be achieved by involving local governments in the general trends of the economic policy of the Republic of Serbia. Stimulating the return of the population to the economically underdeveloped areas, the implementation of measures for the improvement of industrial production, agriculture and trade, as well as development of transport infrastructure, significantly contribute to reducing the differences in regional development. Important prerequisites for reducing poverty and unemployment and participation of the shadow economy in the overall economy of the country are also stimulation of the development of small and medium enterprises, continuous investment in agriculture, tourism development and strengthening of institutional and legal framework related to environmental quality. Improving institutional capacity and powers of the state in the economy, rationalization of public administration and the fight against corruption and organized crime are some of the basic preconditions for the improvement of the overall national security system. The global economic crisis and disruptions in the financial market also significantly reflect on the economy of the Republic of Serbia. Determining the appropriate economic goals and adopting economic measures for crisis situations represent a significant segment of economic policy, relevant to the security of the Republic of Serbia. Timely economic measures ensure energy security of the 24