SERBIA’S ARMS INDUSTRY: A LETTER TO THE ECONOMIST (January 12, 2011)
As you report, Serbia’s once-renowned arms industry is making a comeback (“Bombs Away,” January 8, 2011). Former Yugoslavia was the leading light of the non-aligned movement, which also provided the main market for its arms industry. Arms exports to some of the former clients are now thriving again, and there are indications that NATO has given Serbia’s arms industry the go-ahead to export to the armies of its member countries. You conclude on an even more cheerful note by mentioning that several other countries that used to be part of former Yugoslavia may soon join the growing export industry. In particular, you mention Bosnia, Macedonia, Croatia, and even Slovenia as potential allies of Serbia in this new international venture. Wow! Tito must be sniggering in his grave. In his time, and under his patronage, the arms industry was a major contributor to the national economy. Together with tourism and remittances of Yugoslavs working abroad, his other legacies, it provided the much-needed convertible currency that underpinned a living standard unparalleled in the socialist world. To Tito’s delight, the arms industry may now provide new ties between the recently estranged South Slavs, as well.