Picture credit:: WonderWhy, Special Report 'Yugoslavia'/Flickr licensed under CC BY 2.0 The rise and fall of market socialism in Yugoslavia Copyright © 2018 by Dialogue of Civilizations Research Institute. The right of Milica Uvalić to be identified as the author of this publication is hereby asserted. The views and opinions expressed in this publication are those of the original author(s) and do not necessarily represent or reflect the views and opinions of the Dialogue of Civilizations Research Institute, its co-founders, or its staff members. All rights reserved. No part of this publication may be reproduced, distributed, or transmitted in any form or by any means, including photocopying, recording, or other electronic or mechanical methods, without the prior written permission of the publisher, except in the case of brief quotations embodied in critical reviews and certain other noncommercial uses permitted by copyright law. For permission requests, please write to the publisher: Dialogue of Civilizations Research Institute gGmbH Französische Straße 23 10117 Berlin Germany +49 30 209677900
[email protected] 1 Dialogue of Civilizations Research Institute The rise and fall of market socialism in Yugoslavia Milica Uvalić1 This paper is dedicated to the Socialist Federal Republic of Yugoslavia (SFR Yugoslavia, hereafter Yugoslavia),2 a country that was known for its unique system of ‘market socialism’. Despite retaining a communist one-party political regime throughout its existence (1945 – 1991), Yugoslavia was the first socialist country to attempt far-reaching economic reforms. Because of its early start and frequency of systemic changes, it was considered the most reformed socialist economy.