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The paper examines empirically the question of whether more unequal societies spend more on income redistribution than their more egalitarian counterparts. Theoretical arguments on this issue are inconclusive. The political economy literature suggests that redistributive spending is higher in...
Persistent link: https://www.econbiz.de/10014400085
Croatia’s annual GDP growth accelerated to 4–5 percent, per capita incomes advanced further toward the EU average, and … unemployment declined to the lowest levels since Croatia’s independence. The staff report for Croatia’s 2009 Article IV …
Persistent link: https://www.econbiz.de/10014402772
Croatia’s economy is also saddled with more pervasive rigidities and higher government involvement than many of its … stable nominal exchange rate provided an anchor for inflation expectations and financial stability, but also contributed to … the accumulation of vulnerabilities. Croatia’s fiscal policy did not take sufficient advantage of the boom years to create …
Persistent link: https://www.econbiz.de/10014404378
The staff report for the First Review Under the Stand-By Arrangement on the Republic of Croatia focuses on fiscal …
Persistent link: https://www.econbiz.de/10014404952
This report examines the Observance of Standards and Codes on Fiscal Transparency for Croatia. The assessment reveals … that Croatia meets the fiscal transparency code in a number of areas and has been making significant progress in …
Persistent link: https://www.econbiz.de/10014406455
Croatia continues to enjoy economic growth, price stability, and rising international reserves under the Stand … enterprises to sustain high rates of economic growth and advance the prospects of Croatia's European Union accession …
Persistent link: https://www.econbiz.de/10014406533
Croatia has made important strides in restoring robust economic growth and achieving price stability while continuing … need to focus on public enterprise restructuring and privatization, and promote Croatia's European Union membership bid …
Persistent link: https://www.econbiz.de/10014406559
This paper assesses the Republic of Croatia’s Second Review Under the Stand-By Arrangement, and Requests for Waiver of …
Persistent link: https://www.econbiz.de/10014406994
The report provides the third Review of the Republic of Croatia Under the Stand-By Arrangement (SBA). Policies under … the SBA have sought to reduce Croatia’s savings-investment imbalance and stabilize the external debt-to-GDP ratio …. Executive Directors agreed that the main success of the program has been a fundamental improvement of Croatia’s public finances …
Persistent link: https://www.econbiz.de/10014405467
This Selected Issues and Statistical Appendix paper analyzes monetary transmission in Croatia. The evidence analyzed in … this paper supports the view that monetary policy in Croatia is not an effective tool for aggregate demand management. One … uncertain and comes with long lags. The paper also examines determinants of lending rates and domestic spreads in Croatia …
Persistent link: https://www.econbiz.de/10014405688