Plunderers in Serbia

According to the Financial Times, Ms Kori Udovicki, “a Yale-educated economist and former expert on Yugoslavia for the International Monetary Fund” is the new head of the Serbian central bank.
The choice should not be surprising. Udovicki is a Statist economist to boot, and a successful plunderer. Former head of the Energy Ministry, she was behind the price hikes that impoverished vast numbers of Serbians (electricity is a government-monopolized utility over there), and filled up the state coffers quite nicely. Expect her banking policies to be inflationary, deficitary and aimed squarely against any form of entrepreneurial capitalism that hasn’t paid tribute to the State.
See Financial Times article here: