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dynamics of growth of transition economies of Central and Eastern Europe with special retrospect to Croatia. In the research we … Croatia and Poland. We determine a significant regression interconnection between fiscal and balance of payments deficits for … the group of transition countries, and individually for Croatia, with the exception of Poland and Eurozone. Furthermore …
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We argue that if currency union member states have different potential output per capita, output growth rates, or trade balances, the common monetary policy may not be optimal for all of them. Euro area imbalances for potential output and for trade balances are quite large, while output growth...
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Foreign direct investments are for the transition and less developed countries very important source of capital. Such investments have very positive impact on country's economy in terms of employment growth, industrial production growth, gross domestic product growth, favorable effects on the...
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