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Adriatic Institute For Public Policy: News
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       Contact UsOur Mailing List       About UsOur MissionThe Senior LeadershipLeadership Board and Senior AdvisorsLeadership Team and Research FellowsEndorsementsMedia Inquiries       Media - NewsroomAdriatic Institute Disappointed by Pending German Approval for EU to Admit Croatia Global Financial Integrity and Adriatic Institute Announce Strategic Partnership to Launch New Study on the Balkans’ Illicit Adriatic Institute Raises Concerns Regarding Upcoming Freedom Fest Conference, F. A. Hayek Institute Ties to Anti-Semitic Groups       Join Us/Contribute       Blog Adriatic LibertasTeach an Old Dog New Tricks?Sound reasons not to invest in Croatia yet        EventsRule of Law Events       Prisega       Tax Freedom Day       AI In The NewsInternationalRegionalCroatia       Croatia in the News       Video Highlights       IssuesThe State of the Economy Rule of Law and Judicial ReformProtection of Property RightsCombating CorruptionTax ReformLabor Law ReformPrivatizationGovernment ReformFree EnterpriseOpen Letter to German Chancellor Angela Merkel on Croatia       Int'l Leaders SummitILS 2011ILS 2009ILS 2008ILS 2007ILS 2006ILS 2005  2005 News Articles  Strategic Economic PoliciesILS 2004  Seven Strategic Recommendations  2004 News Articles  2004 Speakers and Topics  ILS 2004 Presentations       Links       Home       Past Events spacer
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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

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