“This book is a major contribution to the study of postcommunist economies and politics in two interrelated ways. It shows how rent-seeking actually functions in a postcommunist state and how policymaking facilitates it. The Moneywasting Machine contains eminent empirical evidence on how various rent-seeking schemes function and evolve, a problem affecting all postcommunist states. Serbia may stand out as a typical example of this, but it is not an exception.”
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