The Epilogue of the Yugoslav Crisis of Peasant Indebtedness in the Thirties and Comparison with Some European Countries Cover Image

Razplet kmečke dolžniške krize v Jugoslaviji tridesetih let v primerjavi z nekaterimi evropskimi državami
The Epilogue of the Yugoslav Crisis of Peasant Indebtedness in the Thirties and Comparison with Some European Countries

Author(s): Žarko Lazarević
Subject(s): National Economy, Governance, Economic history, Political history, Economic policy, Rural and urban sociology, Economic development, Interwar Period (1920 - 1939), Socio-Economic Research
Published by: Inštitut za novejšo zgodovino
Keywords: Yugoslavia; Yugoslav crisis; peasant indebtedness; 1930s; recession; bankrupcy of peasants; government; rehabilitation of financial institutions;

Summary/Abstract: Yugoslavia, like other European countries, recorded an enormous indebtedness by the peasantry during the years of the Recession. This indebtedness, which put a large percentage of the population under the threat of bankruptcy, was unbearable economically, socially and, not the least, politically. Although the Yugoslav government introduced counter measures contemporaneously with some other European countries it had taken four and a half years from the declaration in 1932 of a moratorium on peasant debts, before the problem of peasant indebtedness was finally solved. The Yugoslav method of releasing peasants from their debts and of rehabilitating financial institutions through conversion had already been adopted as a principle in 1932 and was, in essence, no different from other European models. It is, therefore, difficult to understand the delay in its execution which had manifold negative consequences on the "domestic courtyard".

  • Issue Year: 35/1995
  • Issue No: 1-2
  • Page Range: 67-81
  • Page Count: 15
  • Language: Slovenian