Ekonom:east investigates: 10 reasons for collapse of the Serbian industry
Two decades of stepping on the brake
01. December 2009. | 07:51
Source: EMportal
Author: Ivana Ristić
For 20 years already narrators have been adding new elements to this story, and various unfortunate conditions are depriving the industry from strength. Sanctions, inadequate economic policy of the Government, monopolistic market, failure of Yugoslavia and badly conducted privatization are the five leading factors that have had negative effects on the Serbian industry – shows a poll conducted by the Ekonom:east magazine, which included heads of about fifty companies.
All businessmen agree that slowing down of the Serbian industry has lasted for two decades already. For the collapse of the Serbian industry most of them blame the many years’ sanctions and bad economic policy.
Other reasons were also inadequate economic policies of former governments, inflation and isolation, the impossibility of establishing true relations that existed prior to disassembling of former SFRY, bad privatization, unfavorable exchange rate and monopolistic market.
Power of the former Yugoslav industry is now nothing but a historical story.
For 20 years already narrators have been adding new elements to this story, and various unfortunate conditions are depriving the industry from strength. Sanctions, inadequate economic policy of the Government, monopolistic market, failure of Yugoslavia and badly conducted privatization are the five leading factors that have had negative effects on the Serbian industry – shows a poll conducted by the Ekonom:east magazine, which included heads of about fifty companies.



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