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Real earnings in Yugoslavia fell by 25% from 1979 to 1985. By 1988, emigrant remittances to Yugoslavia totalled over $4.5 billion (USD), and by 1989 remittances were $6.2 billion (USD), making up over 19% of the world's total. [14] [15] In 1990, US policy insisted on the shock therapy austerity programme that was meted out to the ex-Comecon ...
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 breakup of Yugoslavia was a process in which the Socialist Federal Republic of Yugoslavia was broken up into constituent republics, and over the course of which the Yugoslav wars started.
While Slovenia, Croatia, Bosnia and Herzegovina and the Republic of Macedonia interpreted the breakup of Yugoslavia as a definite replacement of the earlier Yugoslav socialist federation with new sovereign equal successor states, newly established FR Yugoslavia (Serbia and Montenegro) claimed that it is sole legal successor entitled to the assets as well as automatic memberships in ...
The Yugoslav wars and consequent loss of market, as well as mismanagement and/or non-transparent privatization, brought further economic trouble for all the former republics of Yugoslavia in the 1990s. [citation needed] The Yugoslav currency was the Yugoslav dinar. Various economic indicators around 1990 were: [140]
The government of the Federal Republic of Yugoslavia, established on 28 April 1992 as a rump state by the remaining Yugoslav republics of Montenegro and Serbia, [7] claimed itself as the legal successor state of the former Socialist Federal Republic of Yugoslavia; [8] however, on 30 May 1992, United Nations Security Council Resolution 757 was ...
After Yugoslavia disintegrated in a series of wars in the 1990s, the new countries that emerged kept the old laws in place. However, the post-Communist revival of nationalist, religious and ...
Yugoslavia broke apart in the 1990s to form the following 5 countries: Bosnia and Herzegovina; Croatia; Republic of Macedonia; Slovenia; Federal Republic of Yugoslavia (FRY) In 2003, the FRY was reconstituted as the federation of Serbia and Montenegro. In 2006, it was split into the separate countries of: Montenegro; Serbia; See also: Kosovo