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Other Economic Tools

The role of economic tools was seen during the Federal Republic of Yugoslavia election in the fall of 2000 when President Slobodan Milosevic was defeated by Vojislav Kostunica who had the support from the international community. It was clear that if Kostunica won the election there would be significant international aid for Yugoslavia’s reconstruction.

It was clear that international sanctions had an effect on the leaders during the war and that the promise of economic aid at the end of the war brought democratic change.

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