Original scientific paper
Economic Stabilization as the Conclusion of the Yugoslav Socialist Project in the Case Studies of Industrogradnja and GK Međimurje 1980-1985
Saša Vejzagić
Abstract
In the early 1980s, the Party initiated a broad stabilization campaign in an attempt to salvage the Yugoslav socialist project from significant challenges posed by economic, political, and social crises. As the overall crisis largely stemmed from structural issues rooted in the long-standing antagonistic relationship between two value systems, the market-oriented and the socialist, the responses to it had relatively limited impact. This article, therefore, examines the sources and influences of the crisis and stabilization in Yugoslavia from the perspective of the realization of the socialist project. Also it traces the discourse adopted by political and business elites in relation to the official ideology and emerging circumstances. In doing so, the article places special emphasis on big business systems such as construction giants Industrogradnja from Zagreb and GK Međimurje from Čakovec, more precisely, their business decisions within highly uncertain economic conditions. This account contributes to the recent scholarly debate in the field of business historiography of Yugoslavia and the history of the final decade of its socialist project.
Keywords
Industrogradnja; GK Međimurje; Yugoslavia; business history; self-management; economic stabilization; crisis; political discours
Hrčak ID:
320065
URI
Publication date:
14.12.2023.
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