Rescuing agricultural and banking sector from collapse: agricultural debt consolidation in Yugoslavia 1932-1936

Gnjatović, Dragana and Aleksić, Vesna (2011) Rescuing agricultural and banking sector from collapse: agricultural debt consolidation in Yugoslavia 1932-1936. Industrija : časopis za ekonomiku industrije, 39 (2). pp. 284-296. ISSN 0350-0373

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Abstract

The paper analyzes the government policy response to realistic threat of total collapse of agricultural and banking sector in The Kingdom of Yugoslavia during Great Depression. The pattern of the policy makers‟ behavior is instructive for present world economic crisis and its impact in Serbia. At first, there was a tendency to underestimate the depth of economic crisis. Only when deep crisis distress occurred, adequate economic policy measures have been implemented.

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