ECONOMIC REFORMS IN YUGOSLAVIA: HOW TO AVOID ERRORS OF THE OTHERS
Keywords:
Washington Consensus, Comprador Elite, reforms, transition, privatisation, liberalisation, stabilizationAbstract
After September 2000 elections, Yugoslavia is now, when it is very late in comparison to other postocialistic countries, at the very beginning of the essential economic reforms and a real including into international economic flows. Delay of one decade is a big disadventage but also a big chance to avoid mistakes, misleads through which other economies in transition have passed. This work specially insists on necessity that strategy of economic reforms and including into international economic flows must be a result of a good imagined and consistent programme which also must be
developed and applied by the competent persons who represent authentic local elite with a cleary expressed national interests based on a real patriotism. We can see it in negative experiences of many economies in transition where ready-made "recipes" of economic reforms were applied. They were based on Washing ton Consensus which was mostly adopted and prepared by the local comprador elite.
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