Where the Yugoslav Economy Would Have Been Today?

11 Pages Posted: 7 May 2019

Date Written: April 9, 2019


The paper represents a simulation exercise of the possible evolution of Yugoslav economy if the federation would have gone a peaceful transition to a market economy and democracy, similar to the other countries belonging to the former socialist group; we use the synthetic control method to calculate the GDP per capita of the federation and each of the republics. The extrapolated values are compared to the actual levels of the indicator in each republic, which allows to conclude if the separation has brought more economic development than in case Yugoslavia would still exist.

Suggested Citation

Zaman, Constantin and Meunier, Bogdan, Where the Yugoslav Economy Would Have Been Today? (April 9, 2019). Available at SSRN: https://ssrn.com/abstract=3368774 or http://dx.doi.org/10.2139/ssrn.3368774

Bogdan Meunier

Centre d’Economie de la Sorbonne (CES) ( email )

Maison des Sciences Economiques
106-112 Boulevard de l'Hôpital
Paris, 75647

No contact information is available for Constantin Zaman

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