Republic of Croatia, Selected Issues and Statistical Appendix PDF Download

Author:
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 144

View

Book Description

Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451817290
Category : Business & Economics
Languages : en
Pages : 53

View

Book Description
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 of the main conclusions is that financial conditions in the economy are only weakly correlated with the monetary policy stance. Monetary policy can exercise some control over money-market interest rates, but its influence on lending rates is uncertain and comes with long lags. The paper also examines determinants of lending rates and domestic spreads in Croatia.

Author:
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 106

View

Book Description

Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 145181724X
Category : Business & Economics
Languages : en
Pages : 124

View

Book Description
This Selected Issues paper and Statistical Appendix analyzes developments in Croatia’s banking sector since independence in 1991, focusing on the effects of independence, war, transition, and the bank rehabilitation process. Changes in market structure, concentration, and ownership, as well as financial performance are highlighted. The paper reviews the current legal environment governing banking operations and improvements needed to strengthen the legislative framework. Some forward-looking conclusions are presented. The paper also examines selected aspects of Croatia’s export performance.

Author: International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
ISBN: 9781451817454
Category : Business & Economics
Languages : en
Pages : 104

View

Book Description
This Selected Issues paper highlights key policy challenges for accelerating growth on a sustainable basis and reducing external and financial vulnerabilities in the Republic of Croatia. A significant reduction in public expenditure would be needed to simultaneously provide room for cutting taxes, boost growth, and lower the budget deficit to help narrow the current account deficit. The analysis finds that Croatian banks are not necessarily passing on the higher risk of foreign exchange-linked loans to unhedged clients by charging higher interest rates.

Author: Khaled Sherif
Publisher: World Bank Publications
ISBN: 9780821354995
Category : Political Science
Languages : en
Pages : 134

View

Book Description
'State-Owned Banks in the Transition: Origins, Evolution, and Policy Responses' reviews the experience with state banking over the last decade in the transition economies of Europe and Central Asia. State ownership of banking systems has undermined economic reform efforts and has distorted emerging markets. This study compares various approaches to reform and calls attention to the significant costs associated with continued state ownership. It concludes with lessons from experience and recommendations for policymakers on approaches to reducing state ownership of banks in the region. The findings indicate that restructuring of state banks has proven time consuming and costly, and governments are better off moving swiftly to privatize or liquidate their remaining state banks rather than attempting to rehabilitate them. This report includes seven case studies of individual state banks that have been reformed or privatized over the past decade. The case studies highlight the challenges of implementing various reform measures and illustrate how such challenges have been addressed in difficult economic and political contexts.

Author: C. Papazoglou
Publisher: Springer
ISBN: 0230504701
Category : Business & Economics
Languages : en
Pages : 240

View

Book Description
This book provides a comprehensive analysis of the main factors that affected the course of the countries of South-Eastern Europe during transition, contributing, as a result, to their disappointing economic performance. Thus, the role of initial conditions and issues concerning the effectiveness of macroeconomic stabilization and structural reforms are at the centre of the analysis. Furthermore, this volume focuses on developments and issues concerning international trade patterns, foreign direct investment and the impact of the Euro on the exchange rate policies of the countries in the region.

Author:
Publisher: World Bank Publications
ISBN: 9780821351079
Category : Business & Economics
Languages : en
Pages : 138

View

Book Description
During the 1990's while undergoing the process of nation building, Croatia made significant strides in private sector development and privatization. However, confronted by the impact of war and the need for reconstruction, a fairly sizeable deficit was amassed. The new government installed in 2000, was confronted with the need to establish a more sustainable fiscal policy while confronted by high unemployment and social spending. This report contains a thorough analysis of the areas critical to an improved budgetary management process including expenditure reorientation and restructuring. It provides detailed recommendations to facilitate the efforts of the Croatian Government in reducing public spending while improving its effectiveness.

Author: William Bartlett
Publisher: Routledge
ISBN: 1134478917
Category : Business & Economics
Languages : en
Pages : 193

View

Book Description
Tells the story of Croatia's development since independence, involving rebellion, war and dramatic political, social and economic changes. Addresses developments in economics, politics, international relations and social policy.

Author: Rachel van Elkan
Publisher:
ISBN: 9780119852509
Category : Banks and banking
Languages : en
Pages : 120

View

Book Description