Sanctions against Serbia

During the Croatian War (1991–95), Bosnian War (1992–95) and Kosovo War (1998–99), there were several international sanctions implemented against the Republic of Serbia. The United Nations (UN) imposed sanctions on Serbia between 1992 and October 1996, when the Dayton Agreement was signed, ending the Bosnian War.[1] The UN, European Union (EU) and United States (US) continued imposing sanctions during and after the Kosovo War.[1] After the fall of war-time President Slobodan Milošević and the general election (2000), sanctions began to be withdrawn, most lifted by 19 January 2001.[2]

The sanctions had great impact on Serbia, the GDP dropping from $24 billion in 1990 to under $10 billion in 1993,[3] at $8.66 billion in 2000.[4] The sanctions devastated the industries of Serbia and Montenegro.[5] Poverty was at its highest in 1993 and after 1998; 39% of the population lived on less than $2 per day (1993).[2] An estimated 300,000 people left Serbia in the 1990s, 20% of which had a higher education.[6][7]

Economy

List

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References

  1. 1 2 3 4 5 6 7 8 9 Agence France Presse 2000.
  2. 1 2 3 Jovanovic & Sukovic 2001.
  3. ↑ Becker 2005.
  4. ↑ IMF 2014.
  5. 1 2 3 4 5 The Mandala Projects 2012.
  6. ↑ "Serbia seeks to fill the '90s brain-drainage gap". EMG.rs. 5 September 2008. Archived from the original on May 29, 2012.
  7. ↑ "Survey S&M 1/2003". Yugoslav Survey.

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Further reading

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