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The Socialist Federal Republic of Yugoslavia (SFRY)'s economy was a developing planned economy largely in Southeast Europe from 1946 to 1992. It was hybrid socialist economic system that operated from the end of World War II until the country's dissolution in the early 1990s. The economy was characterized by a combination of market mechanisms and state-planning, with a focus on worker self-management and decentralized decision-making. It was a partially open economy with accommodative foreign policy. At its peak in the 1970s, it was routinely the 21st-largest economy in the world.
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