{'fraction_non_alphanumeric': 0.009783368273934312, 'fraction_numerical': 0.002795248078266946, 'mean_word_length': 4.774193548387097, 'pattern_counts': {'":': 0, '<': 0, '<?xml version=': 0, '>': 0, 'https://': 0, 'lorem ipsum': 0, 'www.': 0, 'xml': 0}, 'pii_count': 0, 'substrings_counts': 0, 'word_list_counts': {'cursed_substrings.json': 0, 'profanity_word_list.json': 0, 'sexual_word_list.json': 0, 'zh_pornsignals.json': 0}}
Evolution of economic thought on monetary reform in the Kingdom of Serbs, Croats and Slovenes after the Great War

This paper analyses the opinions of economists and policy makers on the
 monetary reform undertaken in the Kingdom of SCS after the Great War. The
 purpose of the analysis is to show how those opinions evolved in the
 situation of growing monetary instability. Immediately after the war it was
 believed that the pre-war gold parity of the national currency could be
 restored but, after several years burdened with the depreciation of the
 dinar and inflation, it became clear that monetary stabilization needed a
 new realistic approach. The opinions on this approach ranged from extremely
 regulatory to completely liberal ones. Early commitment to administrative
 measures was more the consequence of an extremely delicate and changing
 economic and political situation in which the State was in the early 1920s
 than renunciation of the liberal economic policy pursued in the Kingdom of
 Serbia before the Great War. When it became clear that the implementation of
 palliative administrative measures could not prevent the value of the dinar
 from falling, a pragmatic liberal approach prevailed. The major proponent of
 this approach among economists was Velimir Bajkic, and among policy makers,
 Finance Minister Milan Stojadinovic and the Governor of the National Bank of
 the Kingdom of SCS Djordje Vajfert.