Republic of Croatia; 2010 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; Staff Statement; and Statement by the Executive Director for the Republic of Croatia

Croatiaâ€™s economy is also saddled with more pervasive rigidities and higher government involvement than many of its transition peers. The Croatian National Bank (CNB) pursued proactive policies, which helped ensure financial sector stability. A stable nominal exchange rate provided an anchor for inflation expectations and financial stability, but also contributed to the accumulation of vulnerabilities. Croatiaâ€™s fiscal policy did not take sufficient advantage of the boom years to create adequate space for demand management. Economic recovery is expected to be gradual, with positive growth resuming in the second half of 2010.

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Year of publication:	2010-06-30
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Article IV consultation reports \| Staff Reports \| Global Financial Crisis 2008-2009 \| Financial stability \| Financial sector \| Economic indicators \| Economic growth \| Capital inflows \| Current account deficits \| current account \| external debt \| current account deficit \| current account balance \| debt stock \| debt sustainability \| public debt \| short-term debt \| debt service \| real effective exchange rate \| public sector debt \| external financing \| capital formation \| domestic currency \| foreign capital \| private capital inflows \| government debt \| capital adequacy ratio \| balance of payments \| capital adequacy \| underwriting standards \| external debt sustainability \| total external debt \| external debt service \| repayments \| central bank \| government securities \| subsidiaries \| working capital \| foreign capital inflows \| net external debt \| domestic saving \| international capital \| international capital markets \| access to international capital \| government bonds \| capital market \| stock market \| private capital \| capital outflows \| capital markets \| risk aversion \| debt dynamics \| debt ratio \| debt ratios \| domestic financing \| investor confidence \| government deficit \| debt restructuring \| debt sustainability analysis \| debt service to export \| domestic credit \| international capital market \| debt service to exports \| domestic absorption \| private sector debt \| short-term capital \| inflation rate \| capital gains \| external liabilities \| private sector indebtedness \| stock exchange \| foreign debt \| capital revenue \| capital investments \| capital flows \| long-term debt \| long-term loans

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Extent:	application/pdf
Series:	IMF Staff Country Reports.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series IMF Staff Country Reports Number 10/179 5 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011242965