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:
“Fanny was not there! How she would have enjoyed the scene.... I could not but think of her, and in spite of my efforts to prevent, the unbidden tear would flow. Alas! I cannot feel the satisfaction some appear to do in the reflection that her eyes beheld the scene from the other world.”
—Rutherford Birchard Hayes (1822–1893)