Ekonomski odnosi Jugoslavije sa zemljama u razvoju
The Economic Relations of Yugoslavia and the Developing Countries

Summary/Abstract: The economic relations of Yugoslavia with the world are characterized by the following features: a negative trade and pay balance and a high foreign debt; cooperation with over one hundred countries not proportional with each group of countries; insufficient specialization of foreign commerce according to types of goods and a lack of cooperation planned on a long-term basis. These three characteristics provide a framework for a analysis of Yugoslav economic cooperation with developing countries. The economic relationships with developing countries were given a stimulus through some measures introduced by the federal government in 1973, yet the crisis which the Yugoslav economy has been experiencing has been a negative influence. Exchange with developing countries takes place in the classical forms of international trade, primarily on the basis of contracts of sale. Yugoslav export includes primarily industrial products and the predominating import article is oil. There is too little cooperation based on long-term development programs. The economic situation of developing countries, the economic difficulties of Yugoslavia and the state of international economic relations in general are creating new problems for the Yugoslav economic cooperation with developing countries.

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