ON CERTAIN CHARACTERISTICS OF THE BANKING SYSTEM DURING THE YUGOSLAV ECONOMIC REFORM AS REFLECTED IN ARTICLES FROM THE NEWSPAPER BORBA (1965–1966) Cover Image

O nekim karakteristikama bankarskoga sustava u vrijeme jugoslavenske gospodarske reforme kroz članke lista Borba (1965–1966)
ON CERTAIN CHARACTERISTICS OF THE BANKING SYSTEM DURING THE YUGOSLAV ECONOMIC REFORM AS REFLECTED IN ARTICLES FROM THE NEWSPAPER BORBA (1965–1966)

Author(s): Nikola Perković
Subject(s): Economic history, Post-War period (1950 - 1989), History of Communism
Published by: Institut za noviju istoriju Srbije
Keywords: Socialist Federal Republic of Yugoslavia; economic reform; banking system; 1965–1966.

Summary/Abstract: In 1965, the Socialist Federal Republic of Yugoslavia began implementing the most comprehensive economic reform to date, which should have resulted in a more pronounced adherence to the principles of a liberal economy, as well as the country's greater involvement in the international market. This set of measures was intended to modernise the economic system, enhance productivity, address structural imbalances, facilitate the introduction of advanced technologies into the production process, promote more efficient integration within the industrial sector, strengthen export competitiveness, and ultimately improve the balance of payments. The reform had a relevant political component as well, which, for the most part, focused on the attempt to change the mentality of the economic actors and the administration, meaning their pronounced distance from the methodology of central planning and managing economic processes. Based on relevant historiographical literature and articles from the newspaper Borba, this paper analyses the position of the banking system within the context of the described reform processes, with particular emphasis on its fundamental characteristics, modes of operation, and the role it played in the implementation of investment projects.

  • Issue Year: 2026
  • Issue No: 1
  • Page Range: 229-266
  • Page Count: 38
  • Language: Serbian
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