Original scientific paper
BETWEEN TWO EQUAL DANGERS – THE CITY OF OSIJEK UNDER THE 1ST JANUARY DICTATORSHIP AND GREAT DEPRESSION
Anamarija Lukić
orcid.org/0000-0003-1278-2962
; The Ivo Pilar Institute for Social Sciences, Regional Center Osijek
Abstract
The economy of the city of Osijek and the development of the city, which was enabled by its tax strength, after the entrance into the Kingdom of Serbs, Croats and Slovenes found themselves in difficulties. Nevertheless, despite the negative financial trends, adjustment to the new market and traffic isolation of Osijek, in the city during 1920s a program of infrastructure modernization started its realization. After the introduction of the king’s dictatorship and new government division in 1929 the city of Osijek lost its administrative importance as well as important government institutions. That had a negative impact on the economists of Osijek who soon after that felt the full strength of the Great Depression strike – lost markets and lower buying power. The government, as a reaction to the economic crisis, ordered saving, which actually meant that the state would be saving on the expense of the city of Osijek. The state abolished government institutions located in Osijek or put them under city budget of Osijek.
Keywords
Osijek; the 1st January dictatorship; Great Depression; economy; development; government institutions
Hrčak ID:
170898
URI
Publication date:
16.12.2016.
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