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"Nor is free enterprise capitalism a free-for-all. This is not always fully understood in countries which are trying to make the difficult transition from socialism to capitalism. A properly functioning market economy must always be governed by clear rules of competition and there must be effective safeguards for investors. Capitalism cannot, in fact, operate without a strong administration to police the laws that provide its framework. And it cannot succeed without honesty. Racketeers, blackmarketeers and smugglers are not entrepreneurs - they are just plain criminals.  Corruption and gangsterism are scourges which afflict many newly developing economies and states. They should be ruthlessly and fearlessly expunged. Otherwise not just the free market but freedom itself is in peril. " Lady Thatcher, Speech Delivered in Zagreb, Croatia, Sept. 16, 1998

   


The European Journal

 

 

Croatia at the Crossroads

 

by Roger Helmer, MEP, and Joel Anand Samy

At a conference in the European Parliament on 13 October, hosted by Roger Helmer, MEP, and organised by the free-market think tank The Adriatic Institute, the parlous state of Croatia's legal system came under the spot-light. The conference was attended by Vesna Skare-Ozbolt, the former Minister of Justice of Croatia, who was fired in February having upset the old guard by her determined pursuit of an anti-corruption programme, Natasha Srdoc, President of Adriatic Institute and Snjezana Bagic, State Secretary, Ministry of Justice, Croatia.