“Written by an academic who can relate personal experiences to larger political and economic theories, The Moneywasting Machine provides an insider perspective into the structural aspects that enable economic mismanagement in Serbia, in particular in regard to investments and privatization. In doing so, the book offers unique insights into the larger processes of transformation, and how these processes can result in self-serving elites and state capture. There are few books that are able to combine these two aspects, while also offering empirical research on the mechanism of extractive institutions based on such personal experience.”
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