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Property Rights, Liberty, and Corruption in Serbia
By Milic Milovanovic
This article appeared in the Fall 2007 issue of The Independent Review


Abstract

Since Serbia began to privatize state-owned enterprises in the early 1990s, only small-scale industrial plants and a few big firms have acquired new private owners. This failure owes much to the naïve assumptions of the western advisors who recommended privatization methods that were highly vulnerable to corruption.





Volume 12 Number 2
Fall 2007

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