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The economy of the Socialist Federal Republic of Yugoslavia was a unique system of socialist self-management that operated from the end of World War II until the country's dissolution in the 1990s. The Yugoslav economy was characterized by a combination of market mechanisms and state planning , with a focus on worker self-management and a ...
Yugoslavia (/ ˌ j uː ɡ oʊ ˈ s l ɑː v i ə /; lit. ' Land of the South Slavs ') [a] was a country in Southeast and Central Europe that existed from 1918 to 1992. It came into existence following World War I, [b] under the name of the Kingdom of Serbs, Croats and Slovenes from the merger of the Kingdom of Serbia with the provisional State of Slovenes, Croats and Serbs, and constituted the ...
The country's official name became the Federal People's Republic of Yugoslavia (FPR Yugoslavia, FPRY), and the six federated states became "People's Republics". [ 20 ] [ 33 ] Yugoslavia became a one-party state and was considered in its earliest years a model of Communist orthodoxy. [ 34 ]
After a period of political and economic crisis in the 1980s, the constituent republics of the Socialist Federal Republic of Yugoslavia split apart in the early 1990s. . Unresolved issues from the breakup caused a series of inter-ethnic Yugoslav Wars from 1991 to 2001 which primarily affected Bosnia and Herzegovina, neighbouring parts of Croatia and, some years later, K
A 500 billion dinar banknote, which was the largest denomination banknote printed in Yugoslavia. Between 1992 and 1994, the Federal Republic of Yugoslavia (FRY) experienced the second-longest period of hyperinflation in world economic history [1] after that of 1920s Russia, [a] caused by an explosive growth in the money supply of the Yugoslav economy during the Yugoslav Wars. [3]
The movement is in stark contrast to Croatia’s recent past, when it was part of the former Yugoslavia, a Communist-run country that protected abortion rights in its constitution 50 years ago.
Yugo-nostalgia (Slovene, Macedonian, and Serbo-Croatian: jugonostalgija, југоносталгија) is an emotional longing for the former country of Yugoslavia which is experienced by some people in its successor countries: the present-day Bosnia and Herzegovina, Croatia, Montenegro, North Macedonia, Serbia, Kosovo, and Slovenia. It is a ...
Yugoslavia supported Egypt during the Suez Crisis, a country which became one of the founding members of the Non-aligned movement. Yugoslavia developed its relations with India , another founding member, from the time of their concurrent mandate at the UN Security Council from the end of 1949 onward.