2013

Yugoslavia Could Have Been a Leader

In the early 1980s, the citizens of Yugoslavia enjoyed a distinct comparative advantage over their counterparts in East-Central Europe. Yugoslavia’s per capita GDP was the best in the region. True, $3,230 might not sound like a lot of money, but the closest competition in 1982 was Czechoslovakia at $2,980. By comparison, Poland’s was only $1,540… Continue reading Yugoslavia Could Have Been a Leader

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