Slovenia Must Stop Dragging its Feet on Privatisation

By Luka Oresković and Sašo Stanovnik On Sunday, Slovenians vote for a new head of state in the second round of presidential elections. Although the incumbent, Danilo Türk, seemed a certain winner before the first round in November, Borut Pahor, the former centre-left prime minister, surprised pundits and pollsters by winning 40 per cent of the… Read More

Why the Kremlin Won’t Privatize Rosneft

by Luka Oreskovic After World War II, French governments from both sides of the political aisle pursued a policy known as dirigisme. Dirigisme entailed consolidating fragmented industrial assets into large holdings, or “national champions’,  that could carry long-term economic growth and speed up recovery in the postwar years. National champions to this day remain enshrined in the national conscience of the French people as proud symbols… Read More

Selling the Georgian Dream

By Luka Oreskovic Eight years ago, an enthusiastic crowd gathered in front of the Tbilisi parliament for Mikheil Saakashvili’s presidential inauguration. “We must create the Georgia that our ancestors dreamed of,” he told them, “the Georgia that we dream of.” His dream was that of a democratic, NATO member country with a growing liberalized economy, low corruption and high living standards. Since then, President… Read More