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Chapter 6 Balkan latecomer: The case of Serbian privatization

In: Privatization in Transition Economies: The Ongoing Story

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  • Mirko Cvetkovic
  • Alexander Pankov
  • Andrej Popovic

Abstract

Two factors explain why the Serbian privatization experience deserves close attention from outside world. First, Serbia's starting conditions for privatization, with a historical tradition of workers’ management, strong trade unions, and an ambivalent initial attitude toward privatization, have as much in common with circumstances surrounding privatization in the developing countries as with those in the so-called economies in transition. Second, Serbia embarked on a resolute privatization path only in 2001, following more than 10 years of diverse privatization efforts in other post-socialist economies of the region. This makes Serbia a perfect case study of how a country can learn from the experience (both positive and negative) of other reformers.

Suggested Citation

  • Mirko Cvetkovic & Alexander Pankov & Andrej Popovic, 2007. "Chapter 6 Balkan latecomer: The case of Serbian privatization," Contemporary Studies in Economic and Financial Analysis, in: Privatization in Transition Economies: The Ongoing Story, pages 221-260, Emerald Group Publishing Limited.
    • Handle: RePEc:eme:csefzz:s1569-3759(07)00006-x
    DOI: 10.1016/S1569-3759(07)00006-X
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    Cited by:

    1. Ivanović, Vladan & Uberti, Luca J. & Imami, Drini, 2023. "Opportunistic privatization," European Journal of Political Economy, Elsevier, vol. 80(C).

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