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Saber and Scroll

Abstract

The collapse of communist Yugoslavia in the early 1990s produced many scholarly works investigating the reasons for its failure and the ethnic war that paralleled its demise. These works argue about communist Yugoslavia’s internal economic problems, different ethnic groups’ desire for political independence, and ancient ethnic hatreds. While bits and pieces of these works may or may not carry some validity, a global analysis that explains the collapse of Yugoslavia from an alternative perspective has not previously been explored. This alternative approach links Yugoslavia’s collapse to its peripheral position in a global system. Yugoslavia’s dependence on Western financial institution monetary loans after the Tito-Stalin break in 1948 contributed to both the collapse of communist Yugoslavia and the war that followed.

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