ОДШТЕТНА ПОЛИТИКА КРАЉЕВИНЕ СХС НА КОНФЕРЕНЦИЈИ МИРА (JАНУАР–ЈУН 1919)
REPARATIONS POLICY OF THE KINGDOM OF SERBS, CROATS AND SLOVENIANS AT THE PEACE CONFERENCE (JANUARY–JUNE 1919)

Summary/Abstract: In World War I Serbia suffered proportionally the biggest material and demographic damage. At the Peace Conference in Paris, the Kingdom of SCS asked to be given preference in collecting a part of the war indemnity, particularly from Germany, because of its need for a quick economic recovery. For the Yugoslav delegation, this became the main objective in their reparations policy. However, the great victorious powers did not support this request, because they themselves, being “affected by the war more or less”, were in significant financial problems, and each of them tried to ensure as much as possible for their side. By mid-1919 the Kingdom of SCS did not manage to ensure fast compensation of the material damage that they had counted on – either in the form of partial restitution from Germany, or based on “withdrawal of various goods from the allies based on loans” that would be repaid from future reparations. This resulted in the fact that the economic situation in Serbia remained almost unchanged even half a year after the armistice.

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