Yugoslavia and the unlikely success of the new international financial order

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Title:	Yugoslavia and the unlikely success of the new international financial order
Authors:	ID Ramšak, Jure (Author)
Files:	PDF - Presentation file, download (610,67 KB) MD5: 482D9CD21BDCFA3B4FFC37320E50B0EE URL - Source URL, visit https://udi.rs/godisnjak/godisnjak-za-drustvenu-istoriju-god-xxxi-sveska-1-2024/
Language:	Slovenian
Typology:	1.01 - Original Scientific Article
Organization:	ZRS Koper - Science and Research Centre Koper
Keywords:	gibanje neuvrščenih, G-77, Konferenca Združenih narodov za trgovino in razvoj (UNCTAD), Jugoslavija, novi mednarodni ekonomski red
Publication status:	Published
Publication version:	Version of Record
Year of publishing:	2013
Number of pages:	str. 39-52
Numbering:	God. 31, sv. 1
PID:	20.500.12556/DiRROS-20993
UDC:	94(497.1)
ISSN on article:	0354-5318
COBISS.SI-ID:	218998787
Publication date in DiRROS:	13.12.2024
Views:	73
Downloads:	32
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Title:	Godišnjak za društvenu istoriju
Shortened title:	God. druš. istor.
Publisher:	Filozofski fakultet, Odeljenje za istoriju
ISSN:	0354-5318
COBISS.SI-ID:	17796909

Funder:	ARIS - Slovenian Research and Innovation Agency
Project number:	P6-0272-2020
Name:	Sredozemlje in Slovenija

Funder:	ARIS - Slovenian Research and Innovation Agency
Project number:	N6-0304-2023
Name:	Vzpostavljanje drugačne globalizacije

License:	CC BY-NC-ND 4.0, Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International

Link:	http://creativecommons.org/licenses/by-nc-nd/4.0/
Description:	The most restrictive Creative Commons license. This only allows people to download and share the work for no commercial gain and for no other purposes.

Language:	English
Abstract:	The lack of a viable alternative to the existing monetary and financial systems that would integrate richer oil-producing countries in the G-77 coalition and the Non-Aligned Movement with their less fortunate fellow members proved to be the most persistent obstacle in the path to establishing South-South economic cooperation and thereby challenging the global trade patterns and financial architecture dominated by North Atlantic institutions. As a European country with sizeable industrial capacity but a chronic shortage of financial capital, Yugoslavia was vitally interested in the possibility of channelling enormous amounts of fresh petrodollars into the envisaged ’South Bank’, while remaining ambiguous about other alternative forms of financial cooperation among developing countries proposed from the beginning of the 1970s onwards. This paper is based on two sets of archival sources: 1) materials connected to Yugoslavia’s role as coordinator of the Working Group for NonAligned Countries Central Bank Cooperation, and 2) evidence of impediments to bilateral economic arrangements with Least Developed Countries caused by the absence of alternative exchange mechanisms, which provide grounds for a discussion on the inaptitude of Yugoslavia’s and, by extension, the G-77’s experiments in the context of 1980s neoliberalism
Keywords:	non-aligned movement, G-77, UNCTAD, Yugoslavia, new international economic order, South Bank

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