ABSTRACT

This chapter focuses on the privatization process in general and on land reform and the restructuring of agricultural ownership in particular. Slovenian territory came under the control of the Habsburg Empire in the thirteenth century and remained under Habsburg rule for about eight centuries. Macroeconomic policy to reduce inflation, fiscal and banking reform, privatization, and the reorganization of company management were given priority up to the elections in December 1992. Privatization and restitution of property that had been nationalized and confiscated under the Communist regime was an important part of the democratic united opposition of Slovenia coalition’s political program. Privatization of cooperatives was regulated by the Law on Cooperatives, which was passed in March 1992 and amended in February 1993. Privatization and restitution of agricultural land and forests is handled by the State fund for agricultural land and forests.