Political and Economic Integration, 1920s and 1930s Rising protection measures – both for agriculture and industry But industry still remained very small -10%; Greece's increased to 18%; Yugoslavia's thanks to the incorporation of Croatia and Slovenia increased to 19% too; Romania's industry was oil-based; employment in the public sector was still larger than in industry Capital flows and investment were gravely missing; no state loans as in the pre-war period; investment by Britain was restricted to mining sector, where it dominated ownership; Albania's capital flows dominated by Italy with political conditions Monetary policy helped stability but as everywhere in Europe exchange rates were overvalued and this further hindered recovery, exports and growth
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