Ivanovic, Vladan; Kufenko, Vadim; Begović, Boris; … - 2016
Normally, privatisation is seen as beneficial. In the case of Serbia, the results are disappointing. This paper … considers the failure of privatisation in Serbia - a latecomer in the matter - where privatisation was partly a result of … exogenous pressures. In Serbia, a sizeable number of privatised firms were bought by bureaucrats and politicians and all firms …