In this book, Milica Uvalic examines the theoretical and empirical issues related to investment in Yugoslavia since 1965. She explores investment policies, sources of finance, macroeconomic performance, enterprise incentives and current property reforms in relation to Western theory on investment behavior in the labor-managed firm and Kornai's theory on socialist economies. In line with Kornai's theory, the author argues that the fundamental causes of problems in Yugoslavia are generic to socialist economic systems, rather than the specific characteristic of self-management.

What are the consequences of Yugoslavia's existence – and breakup – for the present? This book reflects on this very question, identifying and analysing the political legacies left behind by Yugoslavia through the prism of continuities and ruptures between the past and present of the area. After the collapse of Yugoslavia, it's former states adopted a nation-building process which opted to eradicate the past as such an approach seemed more convenient for the new national projects. The new states adopted new institutions, new market-oriented economic paradigms and new national symbols. Yugoslavia existed for 70 years and to consider the current political situation in post-Yugoslav states such as Slovenia, Croatia, Bosnia and Herzegovina, Serbia, Montenegro, North Macedonia, and Kosovo without taking into account the legacy and remnants of Yugoslavia is to discount a vital part of their political history. This volume takes a multi-disciplinary and multi-faceted approach to examining the legacy of Yugoslavia, covering politics, society, international relations and economics. Focusing on distinctive features of Yugoslavia including worker self-management, the combination of liberalism and communism and the Cold War policy of Non-Alignment, The Legacy of Yugoslavia places Yugoslavia in historical perspective and connects the region's past with its contemporary political situation.

This is the second volume in the author's ongoing inquiry into the extent of income inequality in the East European socialist countries and the effect of market-oriented reforms on patterns of income distribution. Although there has been remarkably little empirical research on this question (in part because of the problem of obtaining reliable data), both proponents and opponents of reforms voice strong views on this subject, with both sides, however, tending to grant the assumption that decentralization and the increased use of market mechanisms will increase inequality. In this study as in the preceding volume, "Economic Reform and Income Distribution: A Case Study of Hungary and Poland", Henryk Flakierski undertakes a study of the data in order to shed light on this question - this time with reference to the most decentralized of the East European economics and the one in which marketization of the economy has been most advanced.

Why did Yugoslavia fall apart? Was its violent demise inevitable? Did its population simply fall victim to the lure of nationalism? How did this multinational state survive for so long, and where do we situate the short life of Yugoslavia in the long history of Europe in the twentieth century? A History of Yugoslavia provides a concise, accessible, comprehensive synthesis of the political, cultural, social, and economic life of Yugoslavia—from its nineteenth-century South Slavic origins to the bloody demise of the multinational state of Yugoslavia in the 1990s. Calic takes a fresh and innovative look at the colorful, multifaceted, and complex history of Yugoslavia, emphasizing major social, economic, and intellectual changes from the turn of the twentieth century and the transition to modern industrialized mass society. She traces the origins of ethnic, religious, and cultural divisions, applying the latest social science approaches, and drawing on the breadth of recent state-of-the-art literature, to present a balanced interpretation of events that takes into account the differing perceptions and interests of the actors involved. Uniquely, Calic frames the history of Yugoslavia for readers as an essentially open-ended process, undertaken from a variety of different regional perspectives with varied composite agenda. She shuns traditional, deterministic explanations that notorious Balkan hatreds or any other kind of exceptionalism are to blame for Yugoslavia’s demise, and along the way she highlights the agency of twentieth-century modern mass society in the politicization of differences. While analyzing nuanced political and social-economic processes, Calic describes the experiences and emotions of ordinary people in a vivid way. As a result, her groundbreaking work provides scholars and learned readers alike with an accessible, trenchant, and authoritative introduction to Yugoslavia's complex history.

This book was first published in 1992. For decades Yugoslavia had been developing its own model of socialism based on workers' self-management and the increasing use of the market mechanism. As a result, many scholars view the Yugoslav economy differently from other socialist systems. In this book, Dr Milica Uvalic demonstrates how some of the fundamental features of the Yugoslav economy have remained similar to those characterising other socialist economies. Dr Uvalic focuses on theoretical and empirical issues related to investment in Yugoslavia since 1965. She examines investment policies, sources of finance, macroeconomic performance, enterprise incentives, and current property reforms in relation to Western theory on investment behaviour in the labour-managed firm and Kornai's theory on socialist economies. In line with Kornai's theory, the author argues that investment reforms have not led to substantially changed enterprise behaviour, which illustrates the limited results to be expected from partial reforms in a socialist economy. The fundamental problems in Yugoslavia are thus generic to socialist economic systems, rather that the specific characteristic of self-management.