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Investment and Property Rights in Yugoslavia: The Long Transition to a Market Economy (Cambridge Russian, Soviet and Post-Soviet Studies, Series Number 86)

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Investment and Property Rights in Yugoslavia: The Long Transition to a Market Economy (Cambridge Russian, Soviet and Post-Soviet Studies, Series Number 86) image
ISBN-10:

0521122589

ISBN-13:

9780521122580

Author(s): Uvalic, Milica
Edition: 1
Released: Nov 05, 2009
Publisher: Cambridge University Press
Format: Paperback, 276 pages
Related ISBN: 9780521401470
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Description:

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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