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Investment and Property Rights in Yugoslavia: The Long Transition to a Market Economy

Investment and Property Rights in Yugoslavia: The Long Transition to a Market Economy

Paperback

Series: Cambridge Russian, Soviet and Post-Soviet Studies, Book 86

General Political Science

ISBN10: 0521122589
ISBN13: 9780521122580
Publisher: Cambridge
Published: Nov 5 2009
Pages: 276
Weight: 0.90
Height: 0.62 Width: 6.00 Depth: 9.00
Language: English
In this book, Milica Uvalic examines the theoretical and empirical issues related to investment in Yugoslavia since 1965. She explores investment policies, sources of finance, macroeconomic performance, enterprise incentives and current property reforms in relation to Western theory on investment behavior in the labor-managed firm and Kornai's theory on socialist economies. In line with Kornai's theory, the author argues that the fundamental causes of problems in Yugoslavia are generic to socialist economic systems, rather than the specific characteristic of self-management.

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General Political Science