Yugoslavia: Socialism, Development And Debt; The Reality And The Myth
Dyker's book is a history of the Yugoslav economy and official economic theories and policies from World War II to the present, replete with statistics and keen in its observations and criticism. He holds out little hope for successful economic reform without basic political change. The Reality and the Myth is a general treatise on the communist system and its inability to adapt to reality without giving up its essence, the monopoly of power. The argument is familiar but the illustrations taken from the Yugoslav experience-with special attention to the myths of "socialist self-management" and the nationalities question-are particularly interesting. The author is a Slovene who previously held public office in Yugoslavia.
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Astonishing events in Czechoslovakia were only the latest in a series of changes in the communist world that took the outside world by surprise. The thaw and Hungarian rebellion of 1956, China's break with the Soviet Union and immersion in internal convulsion, and even the rejection of Russian control in Rumania-all were largely unforeseen (with only a few exceptions) even by expert opinion in the West, Like military planners who prepare for the last war, commentators on communist affairs in their preoccupation with accounting for the last surprise have often left the public unprepared for the next one. The concept of monolithic totalitarianism, based on parallels between Hitler and the later Stalin, ill prepared us to expect rebellion in Hungary; preoccupation with the Sino-Soviet split (which was only belatedly thought to be important, and then rapidly promoted into being the controlling factor in the divided communist world of the sixties) distracted us from any expectation of liberal deviation in Czechoslovakia.
Peace in the Balkans depends on economic stability and prosperity for all. To overcome the legacies of failed economic reforms and ethnic strife, southeastern Europe needs nothing short of a European "New Deal." Sound money and free trade can take root in the Balkans only if the EU expands the euro and its trade arrangements to the region promptly, with no strings attached. But the EU's current approach, which attaches conditions to membership in its elite clubs, falls far short.
Somehow the Americans went from claiming they did not have a dog in the Bosnia fight to redrawing the map of the Balkans over Scotch with the ruthless Slobodan Milosevi,c. But the Dayton Accord that ended Bosnia's war has been oversold. It is the product not of Wilsonian idealism but of a reluctant realpolitik. Had Washington intervened in 1993, as Bill Clinton promised to, 100,000 lives could have been saved. Dayton has strengthened the two nastiest dictators in the region, Serbia's Milosevi,c and Croatia's Franjo Tudjman, and edged toward accepting the de facto partition of Bosnia. The violence in Kosovo today is a reminder of the costs of appeasing aggressors.

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