ТРАНЗИЦИОНИ ПРОЦЕС: ПОДСТИЦАЊЕ СЛОБОДНОГ ПРЕДУЗЕТНИШТВА
PROCES OF TRANSITION: BACKING OF FREE ENTERPRENEURSHIP

Summary/Abstract: The text consists of two parts. In the first we expound the thesis that transition is actually a process of creation of institutional preconditions for development of private enterpreneurship at a given moment and under the inherited circumstances. To create an environment that stimulates free entrepreneurship and enables a successful transition requires a lot of knowledge, creativity and pragmatism (there is no general model). The rest remains on the entrepreneurs. In the second part we analyse the experience of FRY before and after the change of regime. During the former regime FRY was an example of degenerative connection between politics and economy geared to prevent reforms. The task of the new government is to make a radical break with the earlier practice. If the reform is not radical and not aiming to create an institutional environment that fully stimulates competition and private entrepreneurship (which has not been the case so far), it has no good prospects to succeed.

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