Finansiranje razvoja Beograda putem opštinskih zajmova od 1929. do 1941. godine

The article focuses on Belgrade municipal borrowing during the Great Depression and its aftermath, up until the start of the Second World War in Yugoslavia in 1941. The loan terms, the distribution of municipal spending, and developments in the Belgrade Municipality’s loan financing during the 1930s are also analyzed. From 1929 to 1941, the Belgrade Municipality received30 loans, all obtained from the local banking institutions. During the Great Depression, all Belgrade municipal loans were short- and midterm, whereas following the Depression, they evolved into long-term. Throughout the 1930s, there was a rising trend of investment in infrastructure, cultural and social institutions, kindergartens and schools, and social housing. In contrast, there was a reverse trend in purchasing municipal properties.