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Mijatović Boško | Zavađil Milan: Hleb, topovi, dugovi: Srbija 1911-1914

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Hleb, topovi, dugovi: Srbija 1911-1914

Mijatović Boško | Zavađil Milan

Summary

Boško Mijatović, Milan Zavađil: Bread, guns, debts: Serbia 1911-1914

The book Bread, guns, debts tries to familiarize us more closely with the events before the First World War, primarily from the field of economic history, but also from neighboring social sciences. In that period, probably the most important event was the Balkan wars, which ended the dynamic growth of the Serbian economy from 1906 to the first half of 1912. Serbia came out of them heavily indebted, since, due to minimal domestic savings, it financed infrastructure, arms procurement and war expenses with external loans. The prospects for servicing those debts were questionable. Probably the most important economic event in the period 1911–1914. was the conclusion of a trade agreement between Serbia and Austria-Hungary in 1910, which entered into force in 1911. It ended the Customs War and normalized economic relations between the two countries, which led to a large increase in foreign trade and agricultural production. However, during the following years, foreign trade suffocated under the burden of war events, but also bad weather and inflation.

#Mijatović Boško | Zavađil Milan #ekonomija

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