Abstract
Investment decision-making in Yugoslavia has undergone many changes, directly connected with the development of the planning system. These changes have followed a firm dedication to strengthening a socialist and self-managed society, as well as responding to the problems arising in the course of Yugoslavia’s social and economic development. After 1945, Yugoslavia passed four new Constitutions (in 1946, 1953, 1963 and 1974). Each of them marked a new phase of social and economic development, the main idea being the further decentralisation of social management, the planning process and investment decision-making. Thus, the development of the planning system may be presented in four stages:
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Central planning (1947–1952).
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Global balances planning (1956–1961).
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Indicative planning (1961–1975).
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Self-management planning (1975 onwards).
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© 1988 Wiener Institut für Internationale Wirtschaftsvergleiche (WIIW) (The Vienna Institute for Comparative Economic Studies)
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Bendeković, J., Teodorović, I. (1988). Investment Decision-Making in Yugoslavia. In: Saunders, C.T. (eds) Macroeconomic Management and the Enterprise in East and West. The Vienna Institute for Comparative Economic Studies. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-08375-6_14
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DOI: https://doi.org/10.1007/978-1-349-08375-6_14
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