PRAVNI OKVIR EKONOMSKIH SANKCIJA UN PROTIV SFRJ (1991-1996): ANALIZA DUGOROČNIH POSLEDICA NA PRIVREDNI RAZVOJ DRŽAVA NASLEDNICA
LEGAL FRAMEWORK OF UN ECONOMIC SANCTIONS AGAINST SFRY (1991-1996): ANALYSIS OF LONG-TERM CONSEQUENCES ON ECONOMIC DEVELOPMENT OF SUCCESSOR STATES

Summary/Abstract: This paper analyzes the legal framework and economic consequences of sanctions imposed by the United Nations against the Socialist Federal Republic of Yugoslavia in the period from 1991 to 1996. Through a combination of legal analysis, historical review, and econometric study, the paper explores the legitimacy and proportionality of the imposed sanctions, as well as their long-term impact on the economic development of successor states. The results show that sanctions had devastating consequences on economic indicators, including a GDP decline of over 50%, hyperinflation reaching astronomical figures, and unemployment rising above 30%. Comparative analysis with sanctions imposed against other states indicates that sanctions against SFRY were among the most comprehensive and destructive in UN history. The paper concludes that sanctions, although formally grounded in Security Council resolutions, raised questions about their legal legitimacy and humanitarian proportionality, leaving long-term economic consequences that are still felt today in successor states.

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