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Old Tuesday, April 12th, 2005
Zvonimir Zvonimir is offline
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Default Re: Can Europe Learn the Lessons of Yugoslavia?

Quote:
Originally Posted by Awar
The data shows the significant drop during the period of the economic sanctions.
Data also shows that Serbia was poor in a first place so it would be false and very illogical to expect that Serbia was financing Croatia because monetary politics in Yugoslavia always tended to minimize differences in regional economy with investments in undeveloped regions.

Unfortunately I don't have same or similar chart for Croatia but I can easily guess that Croatia had a lot bigger GDP per capita before war because life standard after the war has gotten worse.

Quote:
Originally Posted by Awar
Most of the sanctions were from 1992-1995, but some of them were held until 2001.
Most radical drop was between 1990 and 1992. This could be explained with costs of war and halt of inflow of Croatian and Slovenia money.