Consider the per capita real GDP data for countries from the former Yugoslavia, which broke apart in the 1990s through a series of wars between 1991 and 2001. First, comment on each country's pre- and postwar economic experience. Based on the data, which country is likely to have come out of the 1990s with the best economy? Fill in the last column of the table to

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Consider the per capita real GDP data for countries from the former Yugoslavia, which broke
apart in the 1990s through a series of wars between 1991 and 2001. First, comment on each
country's pre- and postwar economic experience. Based on the data, which country is likely to
have come out of the 1990s with the best economy? Fill in the last column of the table to
calculate real per capita GDP in 2017 and comment further.
Table 3.2 Real Per Capita GDP in 2011 $US
Country
Bosnia and Herzegovina
Croatia
North Macedonia
Montenegro
Serbia
Slovenia
1990
1,724
16,564
8,695
14,907
12,532
17,338
9
11.6%
1.7%
2.3%
1.1%
0.8%
3.0%
2017
Transcribed Image Text:Consider the per capita real GDP data for countries from the former Yugoslavia, which broke apart in the 1990s through a series of wars between 1991 and 2001. First, comment on each country's pre- and postwar economic experience. Based on the data, which country is likely to have come out of the 1990s with the best economy? Fill in the last column of the table to calculate real per capita GDP in 2017 and comment further. Table 3.2 Real Per Capita GDP in 2011 $US Country Bosnia and Herzegovina Croatia North Macedonia Montenegro Serbia Slovenia 1990 1,724 16,564 8,695 14,907 12,532 17,338 9 11.6% 1.7% 2.3% 1.1% 0.8% 3.0% 2017
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