eBook - PDF

The Moneywasting Machine

Name: The Moneywasting Machine
ISBN: 9789633864265

Five Months Inside Serbia‘s Ministry of Economy

Dušan Pavlovi?,

Dušan Pavlović,

170 pages
English
PDF
Available on iOS & Android

eBook - PDF

The Moneywasting Machine

Five Months Inside Serbia‘s Ministry of Economy

Dušan Pavlovi?,

Dušan Pavlović,

About this book

For five months in 2013–2014, Dušan Pavlovi? took time off from teaching to accept a senior position in Serbia's Ministry of Economy. This short period was long enough for him to make a penetrating diagnosis of the economic activity of the postcommunist government. He found that a coterie of tycoons and politicians live off the wealth of the majority of citizens and smaller entrepreneurs, while the economy performs below its capacities. In academic terms, extractive economic institutions create allocative inefficiency.

Vivid, suggestive, and even entertaining accounts depict how privatization is administered and foreign investment projects are handled, and how party members, relatives, and friends are hired into public administration and state-owned companies. They show how the managers of firms that queue for state subsidies resist the systematic screening of their businesses. The principles of Keynesian economics are distorted and misused to conceal deliberate fiscal mismanagement. Huge ill-conceived development projects siphon taxpayers' money from "non-economic" activities like social services, health, education, science, and culture.

What Pavlovi? found in Serbia is acutely symptomatic of many other European post-communist regimes of our time, lending his book singular importance.

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Yes, you can access The Moneywasting Machine by Dušan Pavlovi?,Dušan Pavlović in PDF and/or ePUB format, as well as other popular books in Économie & Économie politique. We have over one million books available in our catalogue for you to explore.