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Until 1991, Republic of Croatia was a part of the former Socialist Federal Republic of Yugoslavia - SFRJ, together with Serbia, Montenegro, Bosnia and Herzegovina, Slovenia, Macedonia and Autonomous Provinces of Vojvodina and Kosovo and Metohija. Since 1980, unemployment in former SFRJ grew from 5.7% in 1980 to 8.6% in 1990, devaluations became more frequent, annual inflation rates reached 70% in 1985 and supply and consumption were subject to rationing [4]. The federal government initiated a transition from planned to market economy but the socialist self-management system already started to collapse and could not recover from economic and political crisis.
For references, please go to https://www.eea.europa.eu/soer/2010/countries/hr/country-introduction-croatia-1/country-introduction-croatia or scan the QR code.
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