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Republic of Croatia
			: 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Republic of Croatia

Republic of Croatia : 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Republic of Croatia »

Volume/Issue: 2019/46

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 February 2019

DOI: http://dx.doi.org/10.5089/9781484398630.002

ISBN: 9781484398630

Keywords: Europe, Croatia

The economic expansion continues, driven primarily by private consumption and exports of goods and services. Fiscal performance has been strong, but the materialization of contingent liabilities from government gua...

Republic of Croatia
			: Selected Issues

Republic of Croatia : Selected Issues »

Volume/Issue: 2019/47

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 February 2019

DOI: http://dx.doi.org/10.5089/9781484398692.002

ISBN: 9781484398692

Keywords: Europe, Croatia

Selected Issues...

Regional Economic Outlook, October 2018, Europe
			: Domestic Expansion Running into External Turbulence

Regional Economic Outlook, October 2018, Europe : Domestic Expansion Running into External Turbulence »

Series: Regional Economic Outlook

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 November 2018

DOI: http://dx.doi.org/10.5089/9781484375402.086

ISBN: 9781484375402

Keywords: Europe, Regional Economic Outlook, economic outlook, financial conditions, fiscal policy, monetary policy, emerging Europe, advanced Europe

Economic activity continued to expand in the first half of 2018, albeit at a slower-than-expected pace, mainly in advanced Europe. Domestic demand, supported by stronger employment and wages, remains the main engin...

Public Infrastructure in the Western Balkans
			: Opportunities and Challenges

Public Infrastructure in the Western Balkans : Opportunities and Challenges »

Volume/Issue: 2018/02

Series: Departmental Papers / Policy Papers

Author(s): Ruben Atoyan , Dora Benedek , Ezequiel Cabezon , Jacques Miniane , Nguyen Ngoc Duy , and James Roaf

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 February 2018

DOI: http://dx.doi.org/10.5089/9781484337189.087

ISBN: 9781484337189

Keywords: Albania, Bosnia and Herzegovina, Croatia, Kosovo, Serbia, Infrastructure, Europe, Montenegro, Output growth, Macedonia, former Yugoslav Republic of

An assessment of public infrastructure development in the Western Balkans. The paper quantifies the large gaps across various sectors/dimensions, evaluates current infrastructure plans, and discusses funding option...

Republic of Croatia
			: 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Croatia

Republic of Croatia : 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Croatia »

Volume/Issue: 2018/5

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 January 2018

DOI: http://dx.doi.org/10.5089/9781484337325.002

ISBN: 9781484337325

Keywords: Europe, Croatia

Near-term growth prospects are favorable, supported by strong tourism and private consumption, and a significantly improved fiscal position and external environment. The economy is operating close to potential. Gro...

Republic of Croatia
			: Selected Issues

Republic of Croatia : Selected Issues »

Volume/Issue: 2018/6

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 January 2018

DOI: http://dx.doi.org/10.5089/9781484337363.002

ISBN: 9781484337363

Keywords: Croatia, Europe

Selected Issues...

Late to the game? Capital flows to the Western Balkans

Late to the game? Capital flows to the Western Balkans »

Volume/Issue: 2017/92

Series: IMF Working Papers

Author(s): Zsoka Koczan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 April 2017

DOI: http://dx.doi.org/10.5089/9781475593501.001

ISBN: 9781475593501

Keywords: Macedonia, former Yugoslav Republic of, Bosnia and Herzegovina, Capital flows, Croatia, Europe, Albania, Foreign direct investment, Western Balkans, Open Economy Macroeconomics, Comparative Studies of Countries

The boom and bust in capital flows to the New Member States of the European Union have received a considerable amount of attention; foreign direct investment and bank flows to the region and countries' participatio...

Republic of Croatia
			: 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Croatia

Republic of Croatia : 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Croatia »

Volume/Issue: 2016/187

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 28 June 2016

DOI: http://dx.doi.org/10.5089/9781498321150.002

ISBN: 9781498321150

This paper discusses the economic developments, outlook, risk, and policies of Croatia. This East European country has begun since the last quarter of 2014 to gradually recover from a six-year recession. In 2015 re...

Republic of Croatia
			: Selected Issues

Republic of Croatia : Selected Issues »

Volume/Issue: 2016/188

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 28 June 2016

DOI: http://dx.doi.org/10.5089/9781498321587.002

ISBN: 9781498321587

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 abo...

Being Poor, Feeling Poorer
			: Inequality, Poverty and Poverty Perceptions in the Western Balkans

Being Poor, Feeling Poorer : Inequality, Poverty and Poverty Perceptions in the Western Balkans »

Volume/Issue: 2016/31

Series: IMF Working Papers

Author(s): Zsoka Koczan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 February 2016

DOI: http://dx.doi.org/10.5089/9781475515060.001

ISBN: 9781475515060

Keywords: Poverty and inequality, Albania, Bosnia and Herzegovina, Croatia, Kosovo, Macedonia, former Yugoslav Republic of, Montenegro, Serbia, Poverty measurement, Cross country analysis

Emerging Europe has undergone a major economic transformation over the past 25 years. Most countries experienced initial drops in output during transition, followed by recovery in the second half of the 1990s. The...

Republic of Croatia
			: Staff Report for the 2015 Article IV Consultation

Republic of Croatia : Staff Report for the 2015 Article IV Consultation »

Volume/Issue: 2015/163

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 July 2015

DOI: http://dx.doi.org/10.5089/9781513511269.002

ISBN: 9781513511269

Keywords: debt, monetary fund, market, public debt, deficit

This 2015 Article IV Consultation highlights that after six years of persistent recession, Croatia's economy is showing first signs of recovery. Robust retail sales and value-added tax receipts suggest that private...

Regional Economic Issues, April 2015, Europe
			: The Western Balkans: 15 Years of Economic Transition

Regional Economic Issues, April 2015, Europe : The Western Balkans: 15 Years of Economic Transition »

Series: Regional Economic Outlook

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 March 2015

DOI: http://dx.doi.org/10.5089/9781498356510.086

ISBN: 9781498356510

Keywords: environment, bank, credit, capital, market

This report analyses the main economic developments and achievements in the Western Balkan countries, and lays out the key macroeconomic policy challenges for the future....

A Simple Macroprudential Liquidity Buffer

A Simple Macroprudential Liquidity Buffer »

Volume/Issue: 2014/235

Series: IMF Working Papers

Author(s): Daniel Hardy , and Philipp Hochreiter

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 December 2014

DOI: http://dx.doi.org/10.5089/9781498305778.001

ISBN: 9781498305778

Keywords: Macroprudential instruments, bank funding, liabilities, financial crises, instrument, liability, Government Policy and Regulation,

A mechanism is proposed that aims to reduce the risk of a banking sector liquidity crisis-which is a quintessentially systemic event and thus the object of macroprudential policy-and moderate the effects of a crisi...

Republic of Croatia
			: Staff Report for the 2014 Article IV Consultation

Republic of Croatia : Staff Report for the 2014 Article IV Consultation »

Volume/Issue: 2014/124

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 May 2014

DOI: http://dx.doi.org/10.5089/9781484396513.002

ISBN: 9781484396513

Keywords: external debt, current account, public debt, central bank, external financing

This 2014 Article IV Consultation highlights that Croatia remains stuck in an unusually drawn out recession. In 2013, real GDP contracted for the 5th consecutive year, and stands now at less than 90 percent of the...

Macroprudential Policies and Housing Price
			: A New Database and Empirical Evidence for Central, Eastern, and Southeastern Europe

Macroprudential Policies and Housing Price : A New Database and Empirical Evidence for Central, Eastern, and Southeastern Europe »

Volume/Issue: 2012/303

Series: IMF Working Papers

Author(s): Jerome Vandenbussche , Ursula Vogel , and Enrica Detragiache

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 December 2012

DOI: http://dx.doi.org/10.5089/9781475550139.001

ISBN: 9781475550139

Keywords: Macroprudential policies, Central Eastern and Southeastern Europe, reserve requirements, reserve requirement, marginal reserve requirements, inflation, capital adequacy, Monetary Policy (Targets, Instruments, and Effects)

Several countries in Central, Eastern and Southeastern Europe used a rich set of prudential instruments in response to last decade's credit and housing boom and bust cycles. We collect detailed information on these...

Republic of Croatia
			: Selected Issues

Republic of Croatia : Selected Issues »

Volume/Issue: 2012/303

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 November 2012

DOI: http://dx.doi.org/10.5089/9781475564488.002

ISBN: 9781475564488

Keywords: gdp growth, employment, labor market, labor force, growth accounting

This paper on Selected Issues was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with the member country. It is based on the information availa...

The Republic of Croatia
			: Staff Report for the 2012 Article IV Consultation.

The Republic of Croatia : Staff Report for the 2012 Article IV Consultation. »

Volume/Issue: 2012/302

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 November 2012

DOI: http://dx.doi.org/10.5089/9781475588095.002

ISBN: 9781475588095

Keywords: external debt, short-term debt, current account, current account deficit, balance of payments

Staff Report for the 2012 Article IV consultation, prepared by a staff team of the IMF, following discussions that ended on October 2, with the officials of Croatia on economic developments and policies. Based on i...

Policies for Macrofinancial Stability
			: How to Deal with Credit Booms

Policies for Macrofinancial Stability : How to Deal with Credit Booms »

Volume/Issue: 2012/6

Series: Staff Discussion Notes

Author(s): Bas Bakker , Giovanni Dell'Ariccia , Luc Laeven , Jérôme Vandenbussche , Deniz Igan , and Hui Tong

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 June 2012

DOI: http://dx.doi.org/10.5089/9781475504743.006

ISBN: 9781475504743

Keywords: Credit booms, Credit expansion, Business cycles, Financial stability, Monetary policy, Fiscal policy, macroprudential regulation, macroeconomic policy, banking, credit boom

This note explores the costs and benefits of different policy options to reduce the risks associated with credit booms, drawing upon several country experiences and the findings from econometric analysis....

The Impact of the Global Crisison South-Eastern Europe

The Impact of the Global Crisison South-Eastern Europe »

Volume/Issue: 2011/300

Series: IMF Working Papers

Author(s): Francesco Spadafora , Emidio Cocozza , and Andrea Colabella

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2011

DOI: http://dx.doi.org/10.5089/9781463927868.001

ISBN: 9781463927868

Keywords: international capital flows, current account adjustment, IMF financial support, current account, public debt, external financing, current account deficit, International Lending and Debt Problems,

This paper analyzes the impact of the global crisis on six South-Eastern European countries. The main objective is to compare macro-financial conditions and policies in the run-up to the crisis as well as to compar...

Macroprudential Policy
			: What Instruments and How to Use them? Lessons From Country Experiences

Macroprudential Policy : What Instruments and How to Use them? Lessons From Country Experiences »

Volume/Issue: 2011/238

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2011

DOI: http://dx.doi.org/10.5089/9781463922603.001

ISBN: 9781463922603

Keywords: macroprudential, instruments, procyclicality, reserve requirements, financial crisis, financial system, reserve requirement,

This paper provides the most comprehensive empirical study of the effectiveness of macroprudential instruments to date. Using data from 49 countries, the paper evaluates the effectiveness of macroprudential instrum...

La eficacia de los controles de capital y las políticas prudenciales en la gestión de la afluencia masiva de capitales

La eficacia de los controles de capital y las políticas prudenciales en la gestión de la afluencia masiva de capitales »

Volume/Issue: 2011/14

Series: Staff Discussion Notes

Author(s): Karl Habermeier , Annamaria Kokenyne , and Chikako Baba

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 August 2011

Language: Spanish

DOI: http://dx.doi.org/10.5089/9781484334577.006

ISBN: 9781484334577

Keywords: Capital controls, Capital inflows, Exchange rate appreciation, Credit expansion, Macroprudential Policy, Risk management, Emerging markets, Cross country analysis, regulación financiera, políticas macroprudenciales

En la serie de Documentos de Análisis del Personal Técnico del FMI se presentan los últimos análisis e investigaciones sobre políticas elaborados por miembros del personal técnico del FMI, que se publican para reci...

The Effectiveness of Capital Controls and Prudential Policies in Managing Large Inflows

The Effectiveness of Capital Controls and Prudential Policies in Managing Large Inflows »

Volume/Issue: 2011/14

Series: Staff Discussion Notes

Author(s): Karl Habermeier , Annamaria Kokenyne , and Chikako Baba

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 August 2011

DOI: http://dx.doi.org/10.5089/9781463902896.006

ISBN: 9781463902896

Keywords: Emerging markets, Exchange rate appreciation, Cross country analysis, Credit expansion, Capital controls, Capital inflows, Risk management, Macroprudential Policy, financial regulation, macroprudential policies

Staff Discussion Notes showcase the latest policy-related analysis and research being developed by individual IMF staff and are published to elicit comment and to further debate. These papers are generally brief an...

Republic of Croatia
			: 2011 Article IV Consultation:  Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Croatia

Republic of Croatia : 2011 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Croatia »

Volume/Issue: 2011/159

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2011

DOI: http://dx.doi.org/10.5089/9781455292691.002

ISBN: 9781455292691

Keywords: exchange rate, current account, external debt, current account balance, public debt

In this study, the economic stability of Croatia is overviewed after the global crisis. The reforms outlined in the government's economic recovery program (ERP) are in progress. Judicial reforms are instituted to s...

Republic of Croatia
			: Selected Issues Paper

Republic of Croatia : Selected Issues Paper »

Volume/Issue: 2011/160

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2011

DOI: http://dx.doi.org/10.5089/9781455293698.002

ISBN: 9781455293698

Keywords: foreign currency, domestic currency, public debt, central bank, external debt

Croatia's economic vulnerability is discussed in this study. Using the balance sheet approach (BSA), this paper analyzes Croatia's overall and sectoral vulnerabilities. Croatia's financial sector balance sheet is e...

Gestión de las Afluencias de Capital
			: ¿Qué herramientas corresponde utilizar?

Gestión de las Afluencias de Capital : ¿Qué herramientas corresponde utilizar? »

Volume/Issue: 2011/6

Series: Staff Discussion Notes

Author(s): Jonathan Ostry , Atish Ghosh , Karl Habermeier , Luc Laeven , Marcos Chamon , Mahvash Qureshi , and Annamaria Kokenyne

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 April 2011

Language: Spanish

DOI: http://dx.doi.org/10.5089/9781498329583.006

ISBN: 9781498329583

Keywords: Capital inflows, Capital controls, Debt sustainability, Financial stability, Macroprudential Policy, herramientas prudenciales, sector financiero, encaje legal, flujos de capitales, derivado

En la serie de Documentos de Análisis del Personal Técnico del FMI se presentan los últimos análisis e investigaciones sobre políticas elaborados por miembros del personal técnico del FMI, que se publican para reci...

Managing Capital Inflows
			: What Tools to Use?

Managing Capital Inflows : What Tools to Use? »

Volume/Issue: 2011/6

Series: Staff Discussion Notes

Author(s): Jonathan Ostry , Atish Ghosh , Karl Habermeier , Luc Laeven , Marcos Chamon , Mahvash Qureshi , and Annamaria Kokenyne

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 April 2011

DOI: http://dx.doi.org/10.5089/9781463926540.006

ISBN: 9781463926540

Keywords: Capital inflows, capital controls, financial sector, capital inflow, reserve requirements, Prudential Tools,

Staff Discussion Notes showcase the latest policy-related analysis and research being developed by individual IMF staff and are published to elicit comment and to further debate. These papers are generally brief an...

Dedollarization

Dedollarization »

Volume/Issue: 2010/188

Series: IMF Working Papers

Author(s): Annamaria Kokenyne , Jeremy Ley , and Romain Veyrune

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2010

DOI: http://dx.doi.org/10.5089/9781455202225.001

ISBN: 9781455202225

Keywords: macroeconomic stabilization, foreign currency, exchange rate, inflation, Financial Institutions and Services: Government Policy and Regulation,

This paper provides a summary of the key policies that encourage dedollarization. It focuses on cases in which the authorities' intention is to gain greater control of monetary policy and draws on the experiences o...

Republic of Croatia
			: 2010 Article IV Consultation:  Staff Report; Public Information Notice on the Executive Board Discussion; Staff Statement; and Statement by the Executive Director for the Republic of Croatia

Republic of Croatia : 2010 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; Staff Statement; and Statement by the Executive Director for the Republic of Croatia »

Volume/Issue: 2010/179

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 June 2010

DOI: http://dx.doi.org/10.5089/9781455207749.002

ISBN: 9781455207749

Keywords: debt, interest, deficit, public sector, external debt

Croatia's economy is also saddled with more pervasive rigidities and higher government involvement than many of its transition peers. The Croatian National Bank (CNB) pursued proactive policies, which helped ensure...

Absorption Boom and Fiscal Stance
			: What Lies Ahead in Eastern Europe?

Absorption Boom and Fiscal Stance : What Lies Ahead in Eastern Europe? »

Volume/Issue: 2010/97

Series: IMF Working Papers

Author(s): Jesmin Rahman

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2010

DOI: http://dx.doi.org/10.5089/9781451982749.001

ISBN: 9781451982749

Keywords: Pro-cyclicality, cyclically-adjusted fiscal balance, expenditure, capital expenditure, social expenditure, National Government Expenditures and Related Policies: General, National Budget, Deficit, and Debt: General,

This paper estimates revenue and expenditure pro-cyclicality with respect to output and domestic absorption in new member states of the European Union and Croatia to assess whether these countries used the boom yea...

Beyond the Crisis
			: Revisiting Emerging Europe's Growth Model

Beyond the Crisis : Revisiting Emerging Europe's Growth Model »

Volume/Issue: 2010/92

Series: IMF Working Papers

Author(s): Ruben Atoyan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2010

DOI: http://dx.doi.org/10.5089/9781451982565.001

ISBN: 9781451982565

Keywords: sustainable economic growth, sources of growth, external vulnerabilities, economic growth, capital inflows, growth model, capital flows, private capital flows, Macroeconomic Analyses of Economic Development, Economywide Country Studies: Europe,

Focusing on the nexus between economic growth and buildup of external vulnerabilities, this paper provides a systematic account of different growth strategies followed in Central and Eastern Europe in 2000-08 and t...

Systemic Liquidity Management in the U.A.E.
			: Issues and Options

Systemic Liquidity Management in the U.A.E. : Issues and Options »

Volume/Issue: 2009/261

Series: IMF Working Papers

Author(s): Alexandre Chailloux , and Dalia Hakura

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2009

DOI: http://dx.doi.org/10.5089/9781451874068.001

ISBN: 9781451874068

Keywords: U.A.E., central bank, banking, money market, U.a.e,

The paper analyzes the U.A.E.'s liquidity management framework in the context of the 2008 global financial crisis and the measures taken by the Central Bank of the U.A.E. to ease liquidity pressures in the second h...

Republic of Croatia
			: 2009 Article IV Consultation:  Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Croatia

Republic of Croatia : 2009 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Croatia »

Volume/Issue: 2009/185

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 June 2009

DOI: http://dx.doi.org/10.5089/9781451817492.002

ISBN: 9781451817492

Keywords: debt, budget, interest, deficit, external debt

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 C...

Modeling with Macro-Financial Linkages
			: Credit and Policy Shocks in Emerging Markets

Modeling with Macro-Financial Linkages : Credit and Policy Shocks in Emerging Markets »

Volume/Issue: 2009/123

Series: IMF Working Papers

Author(s): Jaromir Benes , Inci Ötker , and David Vávra

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2009

DOI: http://dx.doi.org/10.5089/9781451872705.001

ISBN: 9781451872705

Keywords: macro-financial linkages, modeling, policy analysis, financial frictions, credit growth, credit crunch, bank loans, bank lending, banking, bank credit

This paper develops a stylized, small, open economy macro model that incorporates an explicit and non-trivial role for financial intermediation. It illustrates how such a model could be used for policy analysis in...

Stress Testing at the IMF

Stress Testing at the IMF »

Volume/Issue: 2008/206

Series: IMF Working Papers

Author(s): Mark Swinburne , Stéphanie Marie Stolz , and Marina Moretti

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2008

DOI: http://dx.doi.org/10.5089/9781451870640.001

ISBN: 9781451870640

Keywords: risk modeling, financial sector, financial institutions

For almost a decade, the IMF has been using stress tests to identify vulnerabilities across institutions that could undermine the stability of a country's financial system. This working paper focuses on the IMF's e...

Innovation in Banking and Excessive Loan Growth

Innovation in Banking and Excessive Loan Growth »

Volume/Issue: 2008/188

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2008

DOI: http://dx.doi.org/10.5089/9781451870466.001

ISBN: 9781451870466

Keywords: credit screening, loan quality, signaling games, incentive compatibility, probability, banking, equation, banking system, banks ? loan,

The volume of credit extended by a bank can be an informative signal of its abilities in loan selection and management. It is shown that, under asymmetric information, banks may therefore rationally lend more than...

Évaluation de la conditionnalité structurelle des programmes appuyés par le FMI

Évaluation de la conditionnalité structurelle des programmes appuyés par le FMI »

Series: Independent Evaluation Office Reports

Author(s): International Monetary Fund. Independent Evaluation Office

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 May 2008

Language: French

DOI: http://dx.doi.org/10.5089/9781589067332.017

ISBN: 9781589067332

Keywords: conditionality, structural conditionality, privatization, depth case studies, country ownership, implementation capacity, reform agenda, structural adjustment, reform program, financial sector reform

The Independent Evaluation Office (IEO) was established by the IMF's Executive Board in 2001. It provides objective and independent evaluation of issues related to the IMF. The IEO operates independently of IMF man...

Republic of Croatia
			: 2008 Article IV Consultation:  Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Croatia

Republic of Croatia : 2008 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Croatia »

Volume/Issue: 2008/158

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 May 2008

DOI: http://dx.doi.org/10.5089/9781451817461.002

ISBN: 9781451817461

Keywords: debt, external debt, deficit, interest, budget

Croatia's economic growth accelerated, but external imbalances continued to increase. Executive Directors commended the strong performance accompanied by commendable prudent policies and continued strengthening of...

Republic of Croatia
			: Financial System Stability Assessment:  Update

Republic of Croatia : Financial System Stability Assessment: Update »

Volume/Issue: 2008/160

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 May 2008

DOI: http://dx.doi.org/10.5089/9781451817485.002

ISBN: 9781451817485

Keywords: banking, financial sector, banking system, financial system, capital adequacy

The 2002 Financial Stability Assessment Program (FSAP) found that the Croatian financial system was resilient, but vulnerabilities remain. The authorities have been proactive in addressing macroeconomic and financi...

Republic of Croatia
			: Selected Issues

Republic of Croatia : Selected Issues »

Volume/Issue: 2008/159

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 May 2008

DOI: http://dx.doi.org/10.5089/9781451817478.002

ISBN: 9781451817478

Keywords: current account, current account balance, exchange rate, current account deficit

The first analysis focuses on external stability, an important issue in view of Croatia's external imbalances and the requirements of the IMF's 2007 Decision on Bilateral Surveillance. The paper shows that the real...

Government Spending on Health Care and Education in Croatia
			: Efficiency and Reform Options

Government Spending on Health Care and Education in Croatia : Efficiency and Reform Options »

Volume/Issue: 2008/136

Series: IMF Working Papers

Author(s): Victoria Gunnarsson , and Etibar Jafarov

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2008

DOI: http://dx.doi.org/10.5089/9781451869958.001

ISBN: 9781451869958

Keywords: health care, health spending, hospital beds

This paper assesses the relative efficiency of government spending on health care and education in Croatia by using the so-called Data Envelopment Analysis. The analysis finds evidence of significant inefficiencies...

Perspectives économiques régionales
			: Europe Renforcer les systèmes financiers, Novembro 2007

Perspectives économiques régionales : Europe Renforcer les systèmes financiers, Novembro 2007 »

Series: Regional Economic Outlook

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 November 2007

Language: French

DOI: http://dx.doi.org/10.5089/9781589066984.086

ISBN: 9781589066984

Keywords: government securities, financial system, securities market, capital markets, financial institutions, capital inflows, government securities market, financial innovation, financial market, financial intermediation

Strong fundamentals should allow Europe to weather financial turbulence relatively well. Nonetheless, growth is set to ease in 2008 in nearly all countries. Policymakers will need to deal up front with the financia...

Economic Growth in Croatia
			: Potential and Constraints

Economic Growth in Croatia : Potential and Constraints »

Volume/Issue: 2007/198

Series: IMF Working Papers

Author(s): David Moore , and Athanasios Vamvakidis

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2007

DOI: http://dx.doi.org/10.5089/9781451867626.001

ISBN: 9781451867626

Keywords: economic reform, potential growth, real gdp, employment, gdp growth, gdp per capita,

This paper examines the factors and constraints that affect recent and potential growth in Croatia, as well as policies that can influence it. On current productivity trends, it estimates Croatia's potential growth...

Republic of Croatia
			: Staff Report for the 2006 Article IV Consultation

Republic of Croatia : Staff Report for the 2006 Article IV Consultation »

Volume/Issue: 2007/81

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 February 2007

DOI: http://dx.doi.org/10.5089/9781451817447.002

ISBN: 9781451817447

Keywords: debt, deficit, external debt, interest, budget

The 2006 Article IV consultation underlies policy issues, including fiscal policy, monetary policy, and structural issues of the Republic of Croatia. Although bank restructuring and privatization have strengthened...

Republic of Croatia
			: Selected Issues

Republic of Croatia : Selected Issues »

Volume/Issue: 2007/82

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 February 2007

DOI: http://dx.doi.org/10.5089/9781451817454.002

ISBN: 9781451817454

Keywords: interest rates, international monetary fund, interest, debt

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...

Allowances for Corporate Equity in Practice

Allowances for Corporate Equity in Practice »

Volume/Issue: 2006/259

Series: IMF Working Papers

Author(s): Alexander Klemm

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2006

DOI: http://dx.doi.org/10.5089/9781451865196.001

ISBN: 9781451865196

Keywords: allowance for corporate equity, tax reform, corporate income tax, tax system, tax rates, effective tax rates, Business Taxes and Subsidies including sales and value-added (VAT), Multiple or Simultaneous Equation Models: Models with Panel Data, Ace,

This paper provides an overview of full and partial allowance for corporate equity (ACE) tax systems in practice. In the recent past, ACE systems have been used in Austria, Croatia, and Italy. Brazil still applies...

Republic of Croatia
			: Third Review Under the Stand-By Arrangement

Republic of Croatia : Third Review Under the Stand-By Arrangement »

Volume/Issue: 2006/346

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 October 2006

DOI: http://dx.doi.org/10.5089/9781451817430.002

ISBN: 9781451817430

Keywords: debt, interest, deficit, budget, Staff Report,

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 d...

Republic of Croatia
			: Second Review Under the Stand-By Arrangement and Requests for Extension and Augmentation of the Arrangement, Rephasing of Purchases, and Waiver of Nonobservance of Performance Criterion

Republic of Croatia : Second Review Under the Stand-By Arrangement and Requests for Extension and Augmentation of the Arrangement, Rephasing of Purchases, and Waiver of Nonobservance of Performance Criterion »

Volume/Issue: 2006/128

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 April 2006

DOI: http://dx.doi.org/10.5089/9781451817423.002

ISBN: 9781451817423

Keywords: debt, deficit, external debt, interest, budget

The staff report for the Second Review Under the Stand-By Arrangement (SBA) on the Republic of Croatia highlights fiscal policy and monetary and financial sector policies. The policy implementation under this SBA h...

Republic of Croatia
			: First Review Under the Stand-By Arrangement and Requests for Waiver of Nonobservance of Performance Criteria and Rephasing of Purchases

Republic of Croatia : First Review Under the Stand-By Arrangement and Requests for Waiver of Nonobservance of Performance Criteria and Rephasing of Purchases »

Volume/Issue: 2005/349

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 September 2005

DOI: http://dx.doi.org/10.5089/9781451817416.002

ISBN: 9781451817416

Keywords: debt, deficit, external debt, budget, interest

The staff report for the First Review Under the Stand-By Arrangement on the Republic of Croatia focuses on fiscal policy and monetary and financial sector policies. Financial soundness indicators show a continuatio...

Republic of Croatia 
			: Report on Observance of Standards and Codes-Fiscal Transparency Module

Republic of Croatia : Report on Observance of Standards and Codes-Fiscal Transparency Module »

Volume/Issue: 2004/365

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 November 2004

DOI: http://dx.doi.org/10.5089/9781451817409.002

ISBN: 9781451817409

Keywords: budget act, fiscal activities, budget execution, state budget

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 signifi...

Republic of Croatia
			: Staff Report for the 2004 Article IV Consultation and Request for Stand-By Arrangement

Republic of Croatia : Staff Report for the 2004 Article IV Consultation and Request for Stand-By Arrangement »

Volume/Issue: 2004/253

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 August 2004

DOI: http://dx.doi.org/10.5089/9781451817379.002

ISBN: 9781451817379

Keywords: debt, deficit, external debt, interest, budget

This paper examines Croatia's 2004 Article IV Consultation and Request for Stand-By Arrangement (SBA). Croatia has established a record of solid growth and low inflation since the mid-1990s. Real GDP growth has ave...

Republic of Croatia
			: Report on the Observance of Standards and Codes-Banking Supervision, Payment Systems, and Securities Regulation-Update

Republic of Croatia : Report on the Observance of Standards and Codes-Banking Supervision, Payment Systems, and Securities Regulation-Update »

Volume/Issue: 2004/252

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 August 2004

DOI: http://dx.doi.org/10.5089/9781451817348.002

ISBN: 9781451817348

Keywords: banking supervision, banking, payment system, securities regulation

This paper presents an update to the report on the Observance of Standards and Codes on Banking Supervision, Payment Systems, and Securities Regulation for Croatia. The 2001 Financial Sector Assessment Program (FSA...

Republic of Croatia
			: Selected Issues and Statistical Appendix

Republic of Croatia : Selected Issues and Statistical Appendix »

Volume/Issue: 2004/251

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 August 2004

DOI: http://dx.doi.org/10.5089/9781451817294.002

ISBN: 9781451817294

Keywords: monetary policy, interest rate, money market, capital flows, exchange rate

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 aggr...

The Effects of Exchange Rate Change on the Trade Balance in Croatia

The Effects of Exchange Rate Change on the Trade Balance in Croatia »

Volume/Issue: 2004/65

Series: IMF Working Papers

Author(s): Tihomir Stucka

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2004

DOI: http://dx.doi.org/10.5089/9781451848717.001

ISBN: 9781451848717

Keywords: J-curve, trade balance, transitional economies, exchange rate, effective exchange rate, real effective exchange rate, exchange rate changes, International Finance: General, International Policy Coordination and Transmission, Country and Industry Studies of Trade,

A reduced-form model approach was used to estimate the trade balance response to permanent domestic currency depreciation. For this purpose, long-run and short-run effects were estimated, using three modeling metho...

Budget System Reform in Transitional Economies
			: The Case of the Former Yugoslav Republics

Budget System Reform in Transitional Economies : The Case of the Former Yugoslav Republics »

Volume/Issue: 2003/247

Series: IMF Working Papers

Author(s): Jack Diamond , and Duncan Last

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2003

DOI: http://dx.doi.org/10.5089/9781451875881.001

ISBN: 9781451875881

Keywords: Budget Reform, Yugoslavia, payments, budget system, financial management, budget institutions, budget execution, Federal Republic of,

For the republics of the former Socialist Federal Republic of Yugoslavia (SFRY) as for many other transition economies, an important step in introducing a more market-oriented system was the restructuring of their...

Republic of Croatia
			: Second Review Under the Stand-By Arrangement and Request for Waiver of Nonobservance of Performance Criteria

Republic of Croatia : Second Review Under the Stand-By Arrangement and Request for Waiver of Nonobservance of Performance Criteria »

Volume/Issue: 2003/358

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 November 2003

DOI: http://dx.doi.org/10.5089/9781451817362.002

ISBN: 9781451817362

Keywords: debt, deficit, interest, external debt, budget

Croatia continues to enjoy economic growth, price stability, and rising international reserves under the Stand-By Arrangement. Executive Directors commended this and stressed the need for prudent macroeconomic poli...

Republic of Croatia
			: First Review Under the Stand-By Arrangement and Requests for Waiver of Nonobservance and Applicability of Performance Criteria

Republic of Croatia : First Review Under the Stand-By Arrangement and Requests for Waiver of Nonobservance and Applicability of Performance Criteria »

Volume/Issue: 2003/252

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 August 2003

DOI: http://dx.doi.org/10.5089/9781451817331.002

ISBN: 9781451817331

Keywords: debt, deficit, interest, external debt, ministry of finance

Croatia has made important strides in restoring robust economic growth and achieving price stability while continuing to strengthen its net international reserves position under the Stand-By Arrangement. Executive...

Republic of Croatia
			: Request for Stand-By Arrangement

Republic of Croatia : Request for Stand-By Arrangement »

Volume/Issue: 2003/27

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 February 2003

DOI: http://dx.doi.org/10.5089/9781451817287.002

ISBN: 9781451817287

Keywords: debt, deficit, interest, budget, ministry of finance

This paper examines the Croatia's Request for a Stand-By Arrangement (SBA). Despite a disappointing merchandise trade performance, strong exports of services and private transfers have helped restrain the current a...

Republic of Croatia
			: Staff Report for the 2002 Article IV Consultation

Republic of Croatia : Staff Report for the 2002 Article IV Consultation »

Volume/Issue: 2002/178

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 August 2002

DOI: http://dx.doi.org/10.5089/9781451817324.002

ISBN: 9781451817324

Keywords: debt, interest, deficit, budget, ministry of finance

This 2002 Article IV Consultation highlights that Croatia experienced solid growth in the last two years, with growth rates of about 4 percent exceeding those of the euro area and of many other transition countries...

Republic of Croatia
			: Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on the following topics:  Banking Supervision, Payments Systems, Securities Regulation, Insurance Regulation, and Monetary and Financial Policy Transparency

Republic of Croatia : Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on the following topics: Banking Supervision, Payments Systems, Securities Regulation, Insurance Regulation, and Monetary and Financial Policy Transparency »

Volume/Issue: 2002/180

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 August 2002

DOI: http://dx.doi.org/10.5089/9781451817393.002

ISBN: 9781451817393

Keywords: banking, banking supervision, banking law, banking system, payment systems

This paper presents key findings of the Financial System Stability Assessment for the Republic of Croatia, including Reports on the Observance of Standards and Codes on Banking Supervision, Payments Systems, Securi...

Republic of Croatia
			: Selected Issues and Statistical Appendix

Republic of Croatia : Selected Issues and Statistical Appendix »

Volume/Issue: 2002/179

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 August 2002

DOI: http://dx.doi.org/10.5089/9781451817355.002

ISBN: 9781451817355

Keywords: fiscal adjustment, public debt, debt, debt ratio, deficit

This Selected Issues paper and Statistical Appendix examines the revenue and expenditure trends of the Croatia from a cross-country perspective and illustrates the medium-term fiscal outlook under two scenarios: on...

Exchange Rate Pass-Through and Monetary Policy in Croatia

Exchange Rate Pass-Through and Monetary Policy in Croatia »

Volume/Issue: 2002/109

Series: IMF Working Papers

Author(s): Leo Bonato , and Andreas Billmeier

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2002

DOI: http://dx.doi.org/10.5089/9781451853223.001

ISBN: 9781451853223

Keywords: pass-through, VAR, distribution chain, cointegration, exchange rate, time series, granger causality, exchange rate movements, Open Economy Macroeconomics, Ar,

Exchange rate targeting is considered the best policy option in dollarized economies when wages and prices are indexed to the exchange rate. Croatia is a highly dollarized economy, but empirical investigation condu...

Republic of Croatia
			: Second Review Under the Stand-By Arrangement, and Requests for Waiver of Performance Criteria and for Modification of a Performance Criterion

Republic of Croatia : Second Review Under the Stand-By Arrangement, and Requests for Waiver of Performance Criteria and for Modification of a Performance Criterion »

Volume/Issue: 2002/76

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 April 2002

DOI: http://dx.doi.org/10.5089/9781451817270.002

ISBN: 9781451817270

Keywords: debt, budget, deficit, balance of payments, public debt

This paper assesses the Republic of Croatia's Second Review Under the Stand-By Arrangement, and Requests for Waiver of Performance Criteria and for Modification of a Performance Criterion. Although there were conti...

What Moves Capital to Transition Economies?

What Moves Capital to Transition Economies? »

Volume/Issue: 2002/64

Series: IMF Working Papers

Author(s): Nada Mora , Ratna Sahay , Jeronimo Zettelmeyer , and Pietro Garibaldi

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2002

DOI: http://dx.doi.org/10.5089/9781451848571.001

ISBN: 9781451848571

Keywords: portfolio investment, direct investment, investment flows, investment restrictions, Financial Aspects of Economic Integration, Socialist Systems and Transitional Economies: General, Comparative Economic Systems: General,

Between 1991 and 1999, capital flows to 25 transition economies in Europe and the former Soviet Union differed widely in terms of overall levels and the share and composition of private flows. With some exceptions...

Republic of Croatia
			: First Review of the Stand-By Arrangement

Republic of Croatia : First Review of the Stand-By Arrangement »

Volume/Issue: 2001/209

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 November 2001

DOI: http://dx.doi.org/10.5089/9781451817317.002

ISBN: 9781451817317

Keywords: debt, deficit, budget, ministry of finance, balance of payments

The Croatian authorities are likely to either meet or exceed the original growth, inflation, and international reserves objectives under the Stand-By Arrangement. Executive Directors commended the program, and stre...

Republic of Croatia
			: Staff Report for the 2000 Article IV Consultation and Request for Stand-By Arrangement

Republic of Croatia : Staff Report for the 2000 Article IV Consultation and Request for Stand-By Arrangement »

Volume/Issue: 2001/50

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 March 2001

DOI: http://dx.doi.org/10.5089/9781451817263.002

ISBN: 9781451817263

Keywords: debt, deficit, interest, ministry of finance, balance of payments

Croatia achieved progress in restoring control over the public finances. Executive Directors welcomed the comprehensive economic program, with its focus on the fiscal deficit and tax reductions, wage discipline, an...

Republic of Croatia
			: Selected Issues and Statistical Appendix

Republic of Croatia : Selected Issues and Statistical Appendix »

Volume/Issue: 2000/22

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 March 2000

DOI: http://dx.doi.org/10.5089/9781451817300.002

ISBN: 9781451817300

Keywords: debt, budget, government expenditure, central budget, beneficiaries

The development of the Croatian financial sector has faced many of the difficulties experienced by other transition countries. Recent troubles have exacted a significant macroeconomic price but the strategy impleme...

Institutions Matter in Transition, But so do Policies

Institutions Matter in Transition, But so do Policies »

Volume/Issue: 2000/70

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2000

DOI: http://dx.doi.org/10.5089/9781451849141.001

ISBN: 9781451849141

Keywords: Transition, growth, stabilization, reforms, institutions, transition countries, equation, economic liberalization, survey, Economic Reform,

This paper analyzes the importance of developing market-enhancing institutions for restoring economic growth in transition economies during 1991–98. The paper’s main finding is that the development of...

Republic of Croatia
			: Staff Report for 1999 Article IV Consultation

Republic of Croatia : Staff Report for 1999 Article IV Consultation »

Volume/Issue: 2000/7

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 January 2000

DOI: http://dx.doi.org/10.5089/9781451817256.002

ISBN: 9781451817256

Keywords: banking, current account, foreign exchange, national bank, balance of payments

Until recently, Croatia's economic performance was the envy of many countries in transition: a successful stabilization effort in late 1993 was followed by virtual price stability and real GDP growth of 6 percent a...

Republic of Croatia
			: Selected Issues and Statistical Appendix

Republic of Croatia : Selected Issues and Statistical Appendix »

Volume/Issue: 1998/90

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 October 1998

DOI: http://dx.doi.org/10.5089/9781451817249.002

ISBN: 9781451817249

Keywords: banking, bonds, banking sector, banking system, deposit insurance

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 rehabilitatio...

Croatia
			: Selected Issues and Statistical Appendix

Croatia : Selected Issues and Statistical Appendix »

Volume/Issue: 1997/35

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 May 1997

DOI: http://dx.doi.org/10.5089/9781451817232.002

ISBN: 9781451817232

Keywords: pension, banking, retirement, pension system, pensions

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 acc...

Equilibrium Exchange Rates in Transition Economies

Equilibrium Exchange Rates in Transition Economies »

Volume/Issue: 1996/125

Series: IMF Working Papers

Author(s): Lionel Halpern , and Charles Wyplosz

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 1996

DOI: http://dx.doi.org/10.5089/9781451854794.001

ISBN: 9781451854794

Keywords: exchange rate, wage, real exchange rate, wages, exchange rates

A stylized fact of the transition process is an early profound exchange rate depreciation followed by continuing real appreciation. Absent historical reference points, it is difficult to judge whether the real appr...

Croatia
			: Recent Economic Developments

Croatia : Recent Economic Developments »

Volume/Issue: 1995/131

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 January 1996

DOI: http://dx.doi.org/10.5089/9781451817225.002

ISBN: 9781451817225

Keywords: foreign exchange, wages, wage, salaries, national bank

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 G...

Croatia
			: Background Notes and Statistical Appendix

Croatia : Background Notes and Statistical Appendix »

Volume/Issue: 1994/8

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 March 1994

DOI: http://dx.doi.org/10.5089/9781451817218.002

ISBN: 9781451817218

Keywords: wage, employment, benefits, wages, salaries

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...