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- W1576257335 abstract "Since the beginning of 1990, the Yugoslav economy has been suffering from an almost continuously accelerating inflation. The accelerating inflation, budget financing problems, built-in indexation, and strong inflationary expectations have been preventing any successful attempt toward stabilization. The structural problems relating to an inadequate definition of ownership, lack of financial discipline, and unbalanced relative prices in the economy-especially negative real interest rates and subsidized prices of primary pro'ducts and seivices-have been creating the institutional and structural preconditions for runaway inflation in the 1990s. As a consequence of that, an efficient program for transforming the Yugoslav economic system into a market economy required a twostage approach. This is the crucial point." @default.
- W1576257335 created "2016-06-24" @default.
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- W1576257335 date "1990-01-01" @default.
- W1576257335 modified "2023-09-23" @default.
- W1576257335 title "Recent developments in Yugoslavia" @default.
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