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The book analyzes the twenty years of economic transition from socialism to capitalism in Serbia. It offers a comprehensive evaluation of the achievements and failures of the transition, and explains why its course has been more complex and unique than elsewhere in the former socialist world.

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List Of Tables List Of Figures Preface Acknowledgements Introduction Serbia On The Eve Of Transition The Early 1990s: Political And Economic Instability Post-Dayton: Slow Progress With Transition Serbia´s ´Velvet´ Revolution And Its Aftermath Embarking On Transition For The Second Time Transition Strategy Flaws: Privatization And Restructuring Integrating Serbia Into The European Union The Way To A Better Future: Remaining Challenges Postface References

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´This excellent book is the result of both long years of research on post-communist transition and her personal experience accumulated in the Yugoslav federal government in 2000-1.´ -Etudes Balkaniques

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MILICA UVALIC is Professor of Economics, University of Perugia, Italy. Member of the UN Committee for Development Policy. Previously she was President of EACES, Vice-Minister for Foreign Economic Relations in the first post-Milosevic government of FR Yugoslavia, and Research Fellow at the European University Institute in Florence, Italy. Books include Investment and Property Rights in Yugoslavia, The PEPPER Report, Privatization Surprises in Transition Economies (with D. Vaughan-Whitehead), Transition and Beyond (with S. Estrin and G. W. Kolodko) and Globalization, Development and Integration (with P. Della Posta and A. Verdun).

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