On June 25, 2001, Stiglitz published a paper, "Serbia's Advantages in Coming Late", about the necessity for Serbia not to rush privatization and not to pursue "shock therapy", which was the established macroeconomic advice of the Bretton Woods institutions. Đinđić, however, did not live long to analyze the advice of the Bretton Woods institutions or the anti-austerity plan of Stiglitz, as he was assassinated on March 12, 2003. The G17 Plus got into an intense standoff with the Serbian government, composed mostly by DOS, due to the fact that G17 Plus continuously lobbied for the dissolution of the state union of Serbia and Montenegro. Later, in May 2006, Montenegro declared independence from the Serbo-Montenegrin state union; the United States immediately respected the results and urged the new government in Podgorica to keep close ties with Serbia. The United States recognized Serbia as the official successor state of the Serbia and Montenegro and the preceding Yugoslav state.