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GDP and employment), Croatia has been hit hard by the pandemic and two devastating earthquakes, leading the economy to …
Persistent link: https://www.econbiz.de/10012697802
This paper discusses the economic developments, outlook, risk, and policies of Croatia. This East European country has …
Persistent link: https://www.econbiz.de/10011675464
This paper mainly examines fiscal decentralization, credit-loss recovery, and unemployment in Croatia. The degree of … expenditure and revenue decentralization in Croatia appears limited relative to its peers. At about 16 percent of general … government spending, subnational government spending in Croatia is modest compared to other southeastern European countries and …
Persistent link: https://www.econbiz.de/10011675468
demonstrate that Croatia's overall external vulnerabilities have declined since 2010. However, the balance sheet matrix shows …
Persistent link: https://www.econbiz.de/10011986816
This Article IV Consultation highlights that the economic expansion continues, driven primarily by private consumption and exports of goods and services. Discussions primarily focused on increasing the economy's flexibility and resilience. Fiscal performance has been strong, however, the...
Persistent link: https://www.econbiz.de/10011986819
This 2017 Article IV Consultation highlights that Croatia continued its third year of positive economic growth in 2017 …
Persistent link: https://www.econbiz.de/10011806234
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 … slow and contributed to Croatia's prolonged recession. When provisions of nonperforming loans (NPLs) improved and the …
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