NEKI ASPEKTI PRIVATIZACIONIH EFEKATA NA TRŽIŠTE RADA U REPUBLICI SRBIJI
SOME ASPECTS OF PRIVATIZATION EFFECTS ON THE LABOR MARKET IN THE REPUBLIC OF SERB

Summary/Abstract: In the last more than 30 years transformation of numerous state-owned companies has been privatizedin countries that started the transition process from socialism to free trade and capitalism includingSerbia. Many economic studies prior to the transition process have started pointing out the importanceof these changes for economic development and efficient growth of economies. After these processeswere established, many praised privatization and its positive impact on economies on the whole as wellas on micro levels of the firms.Regardless of studies and their findings, the interesting part is the public opinion of those processeswhich is generally very suspicious in terms of their benefits. It is not hard to understand the reasons,privatization is hard to sell in political and social terms, it leads to many unpopular decisions and impactson the working class, it brings changes that are sometimes hard to understand and accept, as positive,people that are perceived as unproductive, lose their jobs and stay without income in very volatileexternal conditions.Privatization result is positively perceived in transition countries but in Serbia dominant perception isthat it has been badly realized and has had a big and negative impact on labor and layoffs. Theconclusion is that privatization has led to a worse set of selected models, as well as problems in theimplementation and problems of annulment of one of their important parts.

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