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The evolving legal framework for private sector activity in Slovenia

Author

Listed:
  • Gray, Cheryl W.
  • Stiblar, Franjo D.

Abstract

The government of Slovenia is moving rapidly to promote the growth of an efficient market economy and the private sector. One of the major tasks it faces is the development of a legal framework that can act as a decentralized "invisible hand" to replace previous administrative controls and steer the private market in an efficient direction. This paper describes the current legal framework in Slovenia in several areas -- including constitutional, real property, intellectual property, company, foreign investment, bankruptcy, contract, and antimonopoly law. These areas of law serve to define: (a) property rights; (b) the means to exchange them; and (c) the rules for competitive market behavior. In essence they form the bedrock of a legal system for a market economy.

Suggested Citation

  • Gray, Cheryl W. & Stiblar, Franjo D., 1992. "The evolving legal framework for private sector activity in Slovenia," Policy Research Working Paper Series 893, The World Bank.
    • Handle: RePEc:wbk:wbrwps:893
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    References listed on IDEAS

    as
    1. Milan Vodopivec, 1991. "The persistence of job security in reforming socialist economies," Europe-Asia Studies, Taylor & Francis Journals, vol. 43(6), pages 1011-1025.
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    Cited by:

    1. Cvikl, Milan & Kraft, Evan & Vodopivec, Milan, 1993. "The costs and benefits of Slovenian independence," Policy Research Working Paper Series 1126, The World Bank.
    2. Régis Blazy & Nicolae Stef, 2020. "Bankruptcy procedures in the post-transition economies," European Journal of Law and Economics, Springer, vol. 50(1), pages 7-64, August.

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    1. Vodopivec, Milan & Hribar-Milic, Samo, 1993. "The Slovenian labor market in transition : issues and lessons learned," Policy Research Working Paper Series 1162, The World Bank.
    2. Vodopivec, Milan & Vroman, Wayne, 1993. "The Armenian labor market in transition : issues and options," Policy Research Working Paper Series 1193, The World Bank.

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