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Milan Stojadinović

Milan Stojadinović
Milan Stojadinović.jpg
16th Prime Minister of Yugoslavia
In office
24 June 1935 – 5 February 1939
Monarch Peter II
Prince Paul (Regent)
Preceded by Bogoljub Jevtić
Succeeded by Dragiša Cvetković
Personal details
Born (1888-08-04)4 August 1888
Čačak, Kingdom of Serbia
Died 26 October 1961(1961-10-26) (aged 73)
Buenos Aires, Argentina
Citizenship Yugoslav
Political party People's Radical Party
Yugoslav Radical Union
Spouse(s) Augusta Stojadinović
Religion Serbian Orthodox Christianity

Milan Stojadinović (Serbian Cyrillic: Милан Стојадиновић; 4 August 1888 – 26 October 1961) was a Serbian and Yugoslav political figure and a noted economist. From 1935 until 1939 he served as Prime Minister of Kingdom of Yugoslavia.

Milan Stojadinović was born on 4 August 1888 in the Serbian town of Čačak. His father, Mihailo, was a municipal judge who relocated to Belgrade in 1904. It was here that the young Stojadinović finished his secondary education and became a sympathizer of the Serbian Social Democratic Party (Serbian: Srpska socijaldemokratska partija, SSDP). He came to believe that the liberation of Serbian territory from the Ottoman and Austro-Hungarian empires was more important than bridging the gap between the upper and lower classes and followed in his father's footsteps by joining the People's Radical Party (Serbian: Narodna radikalna stranka, NRS) of Nikola Pašić.

In the summer of 1906, Stojadinović was sent to Austria to learn German as a reward for successfully completing secondary school. While there, he fell under the influence of South Slavic youth movements and became a supporter of Yugoslav unity. He later returned to Serbia and began a degree at the University of Belgrade Faculty of Law, specializing in economics and finance. He spent three years studying abroad, staying in Munich and Potsdam during the 1910–11 school year, Paris between 1911 and 1912, and London between 1912 and 1913. Stojadinović's stay in Germany had a profound effect on his economic views and led him to write a doctoral dissertation on the country's budget. He was greatly influenced by the German historical school of economics, which argued that economic policies should be developed according to the specific economic and cultural conditions prevalent in a society rather than being based on a universal model.


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