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Yugoslav-American Economic Relations Since World War II provides a comprehensive study of the economic relations between the United States and Yugoslavia over the past four decades. The authors recount how Yugoslavia and the United States, despite great differences in size, wealth, and ideology, overcame early misunderstandings and confrontations to create a generally positive economic relationship based on mutual respect. The Yugoslav experience demonstrated, the authors maintain, that existence outside the bloc was possible, profitable, and nonthreatening to the Soviet Union. The authors describe American official and private support for Yugoslavia's decades-long efforts at economic reform that included the first foreign investment legislation in 1967 and the first introduction of convertible currency in 1990 for any communist country. Also examined are the origins of Yugoslavia's international debt crisis of the early 1980s and the American role in the highly complex multibillion-dollar international effort that helped Yugoslavia surmount that crisis. In the past, U.S. support for the Yugoslav economy was proffered in part, the authors claim, to counter perceived threats from the Soviet Union and its allies. This may have enabled Yugoslavia to avoid some of the hard but necessary economic policy choices; hence, future U.S. support, the book concludes, will likely be tied more closely to the economic and political soundness of Yugoslavia's own actions.
This book is aimed at presenting fresh views, interpretations, and reinterpretations of some already researched issues relating to the Yugoslav foreign policy and international relations up to year 1991. Yugoslavia positioned itself as a communist state that was not under the heel of the Soviet diplomacy and policy and as such was perceived by the West as an acceptable partner and useful tool in counteracting the Soviet influence.
This book examines the convoluted relations between a victor state (Yugoslavia) and a defeated one (Hungary) during the first decade after the end of World War I. The work is based mainly on archival sources and demonstrates that great power interests in the region influenced considerably the bilateral relations between Hungary and Yugoslavia
The disintegration of Yugoslavia and the Soviet Union in 1991 shed entirely new light on the character of their political systems. There is now a need to re-examine many of the standard interpretations of Soviet and Yugoslav politics. This book is a comparative study of the disintegration of Yugoslavia and the Soviet Union - as multinational, federal communist states - and the reaction of European and US foreign policy to the parallel collapses of these nations. The authors describe the structural similarities in the destabilization of the two countries, providing great insight into the demise of both.
What can outside powers do now to help heal the terrible wounds caused by Yugoslavia's wars? Why did the victors in the Cold War and the 1991 Gulf War not act to stop the slaughter? The nature, scope, and meaning of the actions and inactions of outsiders is the subject of this book.