Economic Growth In Croatia
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Economic Growth In Croatia
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Author : David Moore
language : en
Publisher: International Monetary Fund
Release Date : 2007-08
Economic Growth In Croatia written by David Moore and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-08 with Business & Economics categories.
This paper examines the factors and constraints that affect recent and potential growth in Croatia, as well as policies that can influence it. On current productivity trends, it estimates Croatia's potential growth rate at 4-41⁄2 percent, a result reasonably robust to different methodologies. To sustain growth at a higher rate in line with the authorities' aspirations, the analysis highlights the critical need to improve the business environment through further measures to reduce the administrative burden, legal uncertainties, and corruption. It also emphasizes the importance of attracting more greenfield foreign direct investment, and reforms to reduce the role of the state in the economy through fiscal consolidation and faster privatization.
International Trade And Economic Growth In Croatia
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Author : Leonarda Srdelić
language : en
Publisher:
Release Date : 2022
International Trade And Economic Growth In Croatia written by Leonarda Srdelić and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022 with categories.
Economic Growth In Croatia
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Author : Andrea Mervar
language : en
Publisher:
Release Date : 1996
Economic Growth In Croatia written by Andrea Mervar and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996 with Croatia categories.
Republic Of Croatia
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Author : International Monetary Fund. European Dept.
language : en
Publisher: International Monetary Fund
Release Date : 2018-01-16
Republic Of Croatia written by International Monetary Fund. European Dept. and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-01-16 with Business & Economics categories.
This 2017 Article IV Consultation highlights that Croatia continued its third year of positive economic growth in 2017. Growth is expected to stay at similar levels in the near future but to decelerate over the medium term. Consumer prices increased at a moderate pace and wage growth was also moderate as unemployment remained high. The external current account is expected to record another strong surplus, underpinned by robust performance of exports and tourism and lower repatriation of profits as banks absorbed losses from Agrokor. The balance of risks has improved but vulnerabilities remain sizable as public and external debt levels are still high, and the full impact of the Agrokor restructuring is yet unknown.
A Journey Through Transition Time
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Author : Ivo Družić
language : en
Publisher:
Release Date : 2006
A Journey Through Transition Time written by Ivo Družić and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with Croatia categories.
Budget Spending And Economic Growth In Croatia
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Author : Ivo Sever
language : en
Publisher:
Release Date : 2013
Budget Spending And Economic Growth In Croatia written by Ivo Sever and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with categories.
The objective of this research is to analyze the relationship between government budget spending and the effect on the growth and structure of the GDP of Croatia during the past two decades. The starting working assumption (hypothesis) is that the volume of total budget expenditure (including the foreign borrowing) has not been realizing appropriate effect on GDP growth. In the analysis of these relationships we primarily use the method of vector autoregressions (VAR). The main result of the analysis showed that, in accordance with theoretical assumptions, the structure of expenditures is essential for the effects of budgetary spending on economic growth. We determine the positive effects of investment spending and purchases of goods and services and the negative effects of other categories of current spending. The reduction of capital expenditures during the recession presents a particularly adverse trend, which reduces the rate of growth of the economy in the long and short term. A fundamental conclusion of the research is that the budget expenditures have not adequately affected the GDP growth. Therefore, it is possible to affect the economic growth by changing the structure of budgetary spending, as well as directing public borrowing to investment financing.
Economic Growth In Croatia
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Author : Mr. David Moore
language : en
Publisher: INTERNATIONAL MONETARY FUND
Release Date : 2007-08-01
Economic Growth In Croatia written by Mr. David Moore and has been published by INTERNATIONAL MONETARY FUND this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-08-01 with Business & Economics categories.
This paper examines the factors and constraints that affect recent and potential growth in Croatia, as well as policies that can influence it. On current productivity trends, it estimates Croatia''s potential growth rate at 4-4½ percent, a result reasonably robust to different methodologies. To sustain growth at a higher rate in line with the authorities'' aspirations, the analysis highlights the critical need to improve the business environment through further measures to reduce the administrative burden, legal uncertainties, and corruption. It also emphasizes the importance of attracting more greenfield foreign direct investment, and reforms to reduce the role of the state in the economy through fiscal consolidation and faster privatization.
The Quality Of Governance And Economic Growth In Croatia
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Author : Marijana Bađun
language : en
Publisher:
Release Date : 2006
The Quality Of Governance And Economic Growth In Croatia written by Marijana Bađun and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with Transparency in government categories.
Republic Of Croatia
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Author : International Monetary Fund. European Dept.
language : en
Publisher: International Monetary Fund
Release Date : 2018-01-16
Republic Of Croatia written by International Monetary Fund. European Dept. and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-01-16 with Business & Economics categories.
This paper reviews the relationship between real GDP growth and domestic bank lending to the private sector in Croatia after the 2008 global financial crisis (GFC), drawing on a cross-country analysis of European countries. Croatia’s recession was substantially longer compared to peers due to both domestic and external factors. Bank credit to the private sector was found to be important for economic growth, but less than often perceived, especially during a boom–bust cycle. Using empirical analysis, this paper confirms that the deleveraging of the private sector, particularly nonfinancial companies, was slow and contributed to Croatia’s prolonged recession. When provisions of nonperforming loans (NPLs) improved and the uncertainty following the GFC receded, credit supply increased, while demand for credit hesitantly picked up with the strengthening of the recovery. The paper thus reinforces that NPLs and how they are handled as well as real growth are important determinants for credit. These findings are supported by the cross-country analysis and corroborated by other studies.
Croatian Economic Development And The Eu
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Author : Gordan Družić
language : en
Publisher:
Release Date : 2009
Croatian Economic Development And The Eu written by Gordan Družić and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with Croatia categories.