Socialist Banking: The Continuous Evolution of the Banking Sector in Yugoslavia (1944/45–1991/92)

Author:

Ilić Saša1

Affiliation:

1. National Bank of Serbia, Serbia

Abstract

The article explores the influence of the ideological and political frameworks and changes in the physiognomy of social, economic and internal political relations, as well as the foreign policy orientation, on the structure of the banking sector in socialist Yugoslavia, The attempt is to determine the appearance and the important features of the banking sector, the sequence of reforms that marked this field of economic life in the second half of the 20th century, as well as the effectiveness of the observed changes. The overview is provided of the characteristics of the different phases that the Yugoslav banking system, starting with the development of the socialist banking system, planned organization and rigid centralization, through various phases of decentralization, central plan weakening and introduction of market elements, to the shaping (and reshaping) of the self-management banking system and its repercussions on the country’s economic unity.

Publisher

University of Belgrade Faculty of Law (Publications)

Subject

General Medicine

Reference78 articles.

1. Archives of the National Bank of Serbia (ANB): National Bank of Yugoslavia 1945–1992 (1/III) [collection in the process of archival processing]; Legacy of Miodrag Ugričić (18).

2. Archives of Yugoslavia (AJ): Ministry of Agriculture and Forestry (4); Ministry of Electric Power Industry (11); Ministry of Finance (12); Ministry of Industry (17); Economic Council of the FPRY (40); Black Metallurgy Head Administration (106); Head Directorate of the Federal Motor Industry (108); Federal Executive Council (130); Presidency of the SFRY (803).

3. Legal acts

4. Official Gazette of the SR Croatia (1973).

5. Official Gazette of the SR of Makedonia (1972).

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