1945

A decade of regional warfare during the 1990s, intervention by the North Atlantic Treaty Organization (NATO) and the authoritarian policies of the Milošević regime left Serbia socially, politically and economically devastated. Virtually all international cooperation ceased and Serbia became isolated from the international community. With the overthrow of the Milošević regime in 2000, the process of democratic reform began, bringing with it a certain degree of success in terms of economic growth and stability. However, the transition brought with it a number of costs, such as increased unemployment and widening inequality.

Related Subject(s): Economic and Social Development
Countries: Serbia
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