Stabilization Efforts
Privatization efforts have not succeeded as well as macroeconomic reform. The process of privatization is not popular among workers of large socially owned companies, and many citizens appear to believe the tendering process is overly centralized and controlled from Belgrade. Furthermore, international investment is still lagging in Serbia and Montenegro (SaM), as a result of both domestic and international investment climates. Managers tend to blame the dearth of interest on the current negative business climate in SaM.
Read more about this topic: Economy Of Serbia And Montenegro
Famous quotes containing the word efforts:
“What culture lacks is the taste for anonymous, innumerable germination. Culture is smitten with counting and measuring; it feels out of place and uncomfortable with the innumerable; its efforts tend, on the contrary, to limit the numbers in all domains; it tries to count on its fingers.”
—Jean Dubuffet (1901–1985)