Yugoslavia and the World Capital Market American Financial Support to Yugoslav Development Programs in Late 1950s Cover Image

Jugoslavija i svetsko tržište kapitala. Američka finansijska podrška jugoslovenskim razvojnim programima krajem 50-tih godina
Yugoslavia and the World Capital Market American Financial Support to Yugoslav Development Programs in Late 1950s

Author(s): Dragan Bogetić
Subject(s): History
Published by: Institut za noviju istoriju Srbije
Keywords: Yugoslavia; USA; Karl Rankin; Eugene Black; Marko Nikezić; Mijalko Todorović; aid; loans; Economic Development Fund; International Bank

Summary/Abstract: In late 1950s Yugoslavia was gradually abandoning the concept of autarchic economic development prevailing until then and was undertaking radical measures towards developing an export­oriented economy capable of paying back foreign loans independently, but that would at the same time be open for imports of foreign goods and capital. Tito and his collaborators decided on investment policy which had to take care of economic justifiability and investment efficiency, and not of satisfying military and strategic, social, representative and other non­economic needs and goals.

  • Issue Year: 2010
  • Issue No: 3
  • Page Range: 88-101
  • Page Count: 14
  • Language: Serbian
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