Yes. During the recent civil wars in Balkans, Serbia received many refugees from ex-Yugoslavian republics at war and it had huge impact on the economy as unempl

Yes. During the recent civil wars in Balkans, Serbia received many refugees from ex-Yugoslavian republics at war and it had huge impact on the economy as unemployment and criminal rates rose significantly. It took about 17-18 years for economy to recover to pre-war years.