International sanctions against the Federal Republic of Yugoslavia

International sanctions against the Federal Republic of Yugoslavia
Part of the Yugoslav Wars
Date8 November 1991 – 1995
30 May 1992 – 22 November 1995
March 1998 – October 2000
TypeInternational sanctions
TargetFederal Republic of Yugoslavia

During the Yugoslav Wars of the 1990s and early 2000s, several rounds of international sanctions were imposed against the former Yugoslav republics of Serbia and Montenegro that formed a new country called the Federal Republic of Yugoslavia.

In the first round of sanctions, which were imposed in response to the Bosnian War and Croatian War, and lasted between April 1992 and October 1995, Yugoslavia was placed under a United Nations (UN) embargo. The embargo was lifted following the signing of the Dayton Agreement, which ended the conflict.[1][2][3] During and after the Kosovo War of 1998–1999, Yugoslavia was again sanctioned by the UN, European Union (EU)[note 1] and United States.[1] Following the overthrow of Yugoslav President Slobodan Milošević in October 2000, the sanctions against Yugoslavia started to be withdrawn, and most were lifted by 19 January 2001.[4]

The sanctions had a major impact on the economy of Serbia and Montenegro and its society, with Serbia the hardest hit, its GDP dropping from $24 billion in 1990 to below $10 billion in 1993,[5] and $8.66 billion in 2000.[6] They also had a devastating impact on Yugoslav industry.[7] Poverty was at its highest in 1993, with 39 percent of the population living on less than $2 per day. Poverty levels rose again when international sanctions were re-imposed in 1998.[4] An estimated 300,000 people emigrated from Serbia in the 1990s, 20 percent of whom had a higher education.[8][9]

  1. ^ a b Agence France Presse 2000.
  2. ^ "Dayton Peace Accords on Bosnia". US Department of State. 30 March 1996. Archived from the original on 22 May 2011. Retrieved 19 March 2006.
  3. ^ Says, P. Morra (2015-12-14). "A flawed recipe for how to end a war and build a state: 20 years since the Dayton Agreement". EUROPP. Archived from the original on 24 August 2022. Retrieved 2022-08-24.
  4. ^ a b Jovanovic & Sukovic 2001.
  5. ^ Becker 2005.
  6. ^ IMF 2014.
  7. ^ The Mandala Projects 2012.
  8. ^ "Serbia seeks to fill the '90s brain-drainage gap". EMG.rs. 5 September 2008. Archived from the original on May 29, 2012.
  9. ^ "Survey S&M 1/2003". Yugoslav Survey. Archived from the original on 2013-01-11. Retrieved 2016-06-18.


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