O,
INTELSAT, INTERPOL, IPU, ITC, ITU, NAM, OECD (participant in some activities),
UN, UNESCO, UPU, WHO, WIPO, WMO, WTO

Diplomatic representation: Ambassador Dzevad MUJEZINOVIC; Chancery at
2410 California Street NW, Washington DC 20008; telephone (202) 462-6566;
there are Yugoslav Consulates General in Chicago, Cleveland, New York,
Pittsburgh, and San Francisco;
US--Ambassador Warren ZIMMERMAN; Embassy at Kneza Milosa 50, Belgrade;
telephone p38o (11) 645-655; there is a US Consulate General in Zagreb

Flag: three equal horizontal bands of blue (top), white, and red with a
large red five-pointed star edged in yellow superimposed in the center over all
three bands

- Economy
Overview: Tito's reform programs 20 years ago changed the Stalinist
command economy to a decentralized semimarket system but a system that
the rigid, ethnically divided political structure ultimately could not
accommodate. A prominent feature of the reforms was the establishment
of workers' self-management councils in all large plants, which were to
select managers, stimulate production, and divide the proceeds. The
general result of these reforms has been rampant wage-price inflation,
substantial rundown of capital plant, consumer shortages, and a still
larger income gap between the poorer southern regions and the relatively
affluent northern provinces of Hrvatska and Slovenija. In 1988-89 the
beleaguered central government has been reforming the reforms, trying
to create an open market economy with still considerable state
ownership of major industrial plants. These reforms have been moving
forward with the advice and support of the International Monetary Fund
through a series of tough negotiations. Self-management supposedly is
to be replaced by the discipline of the market and by fiscal austerity,
ultimately leading to a stable dinar. However, strikes in major plants,
hyperinflation, and interregional political jousting have held back
progress. According to US economic advisers, only a highly unlikely
combination of genuine privatization, massive Western economic
investment and aid, and political moderation can salvage this economy.

GNP: $129.5 billion, per capita $5,464; real growth rate - 1.0%
(1989 est.)

Inflation rate (consumer prices): 2,700% (1989 est.)

Unemployment rate: 15% (1989)

Budget: revenues $6.4 billion; expenditures $6.4 billion, including
capital expenditures of $NA (1990)

Exports: $13.1 billion (f.o.b., 1988); c