This Selected Issues paper and Statistical Appendix deals with the data interpretation problems in the Croatian balance of payments and discusses in detail the overestimation of the size of the external current account deficit in the official statistics. It examines the behavior of the monetary...

This Background Notes paper and Statistical Appendix presents a summary of the Croatian Tax System as of August 1994. The paper discusses the experience with incomes policies in Croatia. It highlights that incomes policy has played an important role in the Croatian stabilization program as the...

This paper reviews economic developments in the Republic of Croatia during 1990–95. Real gross domestic product fell by a cumulative 30 percent over 1991–93. However, the economy began to recover in 1994 and real GDP grew by 0.8 percent. In the first quarter of 1995, real GDP was nearly 1...