000 01555nam a22002297u 4500
001 pwiiw3896
003 OSt
005 20260518120109.0
008 150908t2015 au ||||| |||| 00| ||eng d
040 _cOSt
041 _aeng
100 1 _aČetković, Predrag
245 1 0 _aThe Role of Banks in Economic Development in the Former SFR Yugoslavia
260 _aWien :
_bWiener Institut für Internationale Wirtschaftsvergleiche (wiiw),
_c2015.
490 1 _awiiw Balkan Observatory Working Papers
_v114
520 _aAbstract The economic model of the former SFR Yugoslavia was subject to frequent institutional changes which were oriented towards the real economy as well as the banking sector. The country experimented with a wide range of institutions in the financial sector which had different implications for the autonomy of banks. The industrialization period from the end of the second world war until the end of the 1970s was marked by a sharp expansion of bank credits to enterprises. However, the Yugoslav banks relied strongly on foreign capital inflows for funding their credit activities which contributed to the massive increase in foreign debt of Yugoslavia during the 1970s. The dependence of the Yugoslav economy on foreign funds is a feature which is still very much present in the Yugoslav successor countries.
651 _aformer Yugoslavia
690 _aMacroeconomic Analysis and Policy
830 0 _v114
_wWIIW0000140
_twiiw Balkan Observatory Working Papers
856 4 0 _uhttps://wiiw.ac.at/p-3896.html
942 _cP
_2z
999 _c8773
_d8773