nameslave said:
... except that Yogoslavia no longer exists and most of its remaining republics (incl. e.g. Serbia) sliding into Third World status, at least in terms of economy.
Yugoslavia no longer exists - thats true.
But, i need to clarify something about the second part of your statement:
- Slovenia (former YU republic) is already part of European union (since of May this year) and
- Croatia (also former YU republic; which is where i am from) will be part of EU in next 3 years (it already has formal candidate status for entering EU).
To be a part of EU you must have economy, legal and social institutions and other regulations completely adapted by EU standards.
- B&H, Serbia & Montenegro and Macedonia are not sliding into 3rd world status, but they are getting slower in developing (economically and politically) compared to Slovenia and Croatia and other european countries. Although, that is far from calling them 3rd world countries.
3rd world countries dont have democratic institutions and their economy is in depression. B&H, Serbia & Montenegro and Macedonia have democratic institutions now (Serbia specially after Milosevic was transferred to Den Hag), maybe not "so" democratic as they can be, and their economy is not in depression, it just has very small growth rate... However, i hear many FDIs are coming into this countries -> i think i have heard Coca Cola Beverages Inc. just bought some juice factory in Serbia...
Maybe your impression is that they are sliding into 3rd world, but i see different -> they are coming back to the 1st world ( :-D ). It needs some work (and time) to be done (f.e. european estimation is that this 3 countries will be ready for entering EU around 2020).