negro or SNP ; Yugoslav United Left or JUL
Political pressure groups and leaders: National Movement for the
Liberation of Kosovo or LKCK ; The People's Movement for
Kosovo or LPK
International organization participation: ICFTU, IHO, IMO, Inmarsat,
Intelsat, IOC, ISO, ITU, NAM, OPCW, UNHCR
Diplomatic representation in the US: the Embassy of the Former
Socialist Federal Republic of Yugoslavia ceased operations 25 March
1999
Diplomatic representation from the US: at present, the US has no
diplomatic representation in Serbia and Montenegro; the US office in
Pristina, Kosovo, was opened in 1999; its members are not accredited
to a foreign government
@Serbia and Montenegro:Economy
Economy - overview: The swift collapse of the Yugoslav federation in
1991 has been followed by highly destructive warfare, the
destabilization of republic boundaries, and the breakup of important
interrepublic trade flows. Output in Serbia and Montenegro dropped by
half in 1992-93. Like the other former Yugoslav republics, it had
depended on its sister republics for large amounts of energy and
manufactures. Wide differences in climate, mineral resources, and
levels of technology among the republics accentuated this
interdependence, as did the communist practice of concentrating much
industrial output in a small number of giant plants. The breakup of
many of the trade links, the sharp drop in output as industrial plants
lost suppliers and markets, and the destruction of physical assets in
the fighting all have contributed to the economic difficulties of the
republics. One singular factor in the economic situation of Serbia is
the continuation in office of a government that is primarily
interested in political and military mastery, not economic reform.
Hyperinflation ended with the establishment of a new currency unit in
June 1993; prices were relatively stable from 1995 through 1997, but
inflationary pressures resurged in 1998. Reliable statistics continue
to be hard to come by, and the GDP estimate is extremely rough. The
economic boom anticipated by the government after the suspension of UN
sanctions in December 1995 has failed to materialize. Government
mismanagement of the economy is largely to blame, but the damage to
Serbia's infrastructure and industry by the NATO bombing during the
war in Kosovo have added to problems. Also, sanctions continue to
isolate Belgrade from international financial institutions; an
investment ban and as
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