Publication:
Croatia Country Economic Memorandum : A Strategy for Growth through European Integration, Volume 1. Summary Report

Simple item page
dc.contributor.authorWorld Bank
dc.date.accessioned2013-07-26T16:37:14Z
dc.date.available2013-07-26T16:37:14Z
dc.date.issued2003-07
dc.description.abstractFor Croatia, the challenge is to create conditions that will attract investment and produce growth. These conditions can broadly be categorized as (a) stable, progressive and predictable laws and institutions; (b) efficient labor and financial markets; (c) macroeconomic and financial stability; (d) social and environmental sustainability; (e) effective integration into the European infrastructure networks ensuring competitive cost and quality; and (f) a dynamic business-oriented environment which facilitates the production of high value added goods and promotes the adoption of efficient processes and innovative technologies. This Report proposes a reform strategy for faster economic growth through European integration. Other key inputs for creating a favorable investment climate and consolidating growth prospects include skilled labor, efficient financial markets, and high-quality cost-efficient infrastructure services. Croatia has already achieved substantial progress in these areas. However, pursuing reforms in these sectors would not be costly and would be good for growth and European integration. Thus, higher education reform should be pursued, as should reforms to create market-oriented infrastructure institutions as envisaged in EU Directives, including the institutional development of regulators and the strengthening of the competition agency. The highly competitive European environment requires, in particular, well-focused training and higher education programs that offer firms qualified staff and adequate skills for an innovation-driven knowledge economy. The further deepening of financial markets, which is closely connected to the reforms in the legal and institutional framework outlined above, ought to focus also on the strengthening of the regulatory and supervisory functions, particularly in the non-banking sectors. Similarly, market-oriented energy, transport, and communications are crucial to enhance the global competitiveness of the Croatian economy and to foster its integration into the European economy while creating opportunities for FDI.en
dc.identifierhttp://documents.worldbank.org/curated/en/2003/07/2466160/croatia-country-economic-memorandum-strategy-growth-through-european-integration-vol-1-2-summary-report
dc.identifier.doi10.1596/14619
dc.identifier.urihttps://hdl.handle.net/10986/14619
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCOUNTING
dc.subjectAGGREGATE DEMAND
dc.subjectAGRICULTURE
dc.subjectALLOCATION OF RESOURCES
dc.subjectASSET MANAGEMENT
dc.subjectASSETS
dc.subjectAUTHORITY
dc.subjectBALANCE SHEETS
dc.subjectBANKING SECTOR
dc.subjectBANKING SYSTEM
dc.subjectBANKRUPTCY
dc.subjectBANKRUPTCY COURTS
dc.subjectBANKRUPTCY PROCEDURES
dc.subjectBANKRUPTCY PROCEEDINGS
dc.subjectBANKS
dc.subjectBENCHMARK
dc.subjectBUDGET CONSTRAINTS
dc.subjectBUDGET DEFICIT
dc.subjectBUDGET DEFICITS
dc.subjectCAPITAL EXPENDITURES
dc.subjectCAPITAL MARKETS
dc.subjectCIVIL SERVICE
dc.subjectCOMPETITIVENESS
dc.subjectCONSOLIDATION
dc.subjectCORPORATE GOVERNANCE
dc.subjectCORRUPTION
dc.subjectDEBT
dc.subjectDEPOSIT INSURANCE
dc.subjectDEPRECIATION
dc.subjectDISCLOSURE
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC RESEARCH
dc.subjectECONOMIC SITUATION
dc.subjectEMPLOYMENT
dc.subjectENACTMENT
dc.subjectENTERPRISE RESTRUCTURING
dc.subjectEXCHANGE RATE
dc.subjectFINANCIAL INTERMEDIATION
dc.subjectFINANCIAL MARKETS
dc.subjectFINANCIAL REQUIREMENTS
dc.subjectFINANCIAL SECTOR
dc.subjectFINANCIAL STABILITY
dc.subjectFINANCIAL SYSTEM
dc.subjectFISCAL
dc.subjectFISCAL DEFICIT
dc.subjectFISCAL DEFICITS
dc.subjectFISCAL POLICIES
dc.subjectFISCAL POLICY
dc.subjectFISCAL PROBLEMS
dc.subjectFISCAL REFORM
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectFOREIGN INVESTMENT
dc.subjectFREE TRADE
dc.subjectGDP
dc.subjectGOVERNMENT AGENCIES
dc.subjectGOVERNMENT'S POLICY
dc.subjectGROWTH POTENTIAL
dc.subjectHARD BUDGET CONSTRAINTS
dc.subjectHIGH UNEMPLOYMENT
dc.subjectHUMAN CAPITAL
dc.subjectIMPORTS
dc.subjectINFLATION
dc.subjectINFLATION RATE
dc.subjectINSTITUTIONAL CAPACITY
dc.subjectINSTITUTIONAL DEVELOPMENT
dc.subjectINSTITUTIONAL FRAMEWORK
dc.subjectINTEREST RATES
dc.subjectINTERNATIONAL RESERVES
dc.subjectINVESTMENT CLIMATE
dc.subjectJUDICIARY
dc.subjectKNOWLEDGE ECONOMY
dc.subjectLABOR FORCE
dc.subjectLABOR MARKET
dc.subjectLABOR MARKETS
dc.subjectLABOR PRODUCTIVITY
dc.subjectLAWS
dc.subjectLEGAL FRAMEWORK
dc.subjectLEGISLATION
dc.subjectLEGISLATIVE FRAMEWORK
dc.subjectMACROECONOMIC STABILIZATION
dc.subjectMACROECONOMIC STABILIZATION POLICIES
dc.subjectMACROECONOMICS
dc.subjectMARGINAL COST
dc.subjectMEMBER STATES
dc.subjectMONETARY POLICY
dc.subjectNET LOSSES
dc.subjectPAYROLL TAXES
dc.subjectPENSIONS
dc.subjectPOLLUTION
dc.subjectPREFERENTIAL TREATMENT
dc.subjectPRIVATE SECTOR PARTICIPATION
dc.subjectPRIVATIZATION
dc.subjectPRIVATIZATION OF STATE
dc.subjectPRIVATIZATION PROCEEDS
dc.subjectPRODUCTIVITY
dc.subjectPROPERTY RIGHTS
dc.subjectPRUDENTIAL REGULATIONS
dc.subjectPUBLIC ADMINISTRATION
dc.subjectPUBLIC ADMINISTRATION REFORM
dc.subjectPUBLIC DEBT
dc.subjectPUBLIC ENTERPRISES
dc.subjectPUBLIC EXPENDITURE
dc.subjectPUBLIC EXPENDITURES
dc.subjectPUBLIC GOODS
dc.subjectPUBLIC HEALTH
dc.subjectPUBLIC SECTOR
dc.subjectPUBLIC SPENDING
dc.subjectPUBLIC UTILITIES
dc.subjectRATIONALIZATION
dc.subjectREAL GDP
dc.subjectRECAPITALIZATION
dc.subjectREGIONAL INTEGRATION
dc.subjectREHABILITATION
dc.subjectREVENUE MOBILIZATION
dc.subjectSAVINGS
dc.subjectSOCIAL PROTECTION
dc.subjectSOCIAL SECURITY
dc.subjectSOCIAL WELFARE
dc.subjectSOFT BUDGET CONSTRAINTS
dc.subjectSTATE AID
dc.subjectSTATE-OWNED ENTERPRISES
dc.subjectSUSTAINABLE GROWTH
dc.subjectTAX RATES
dc.subjectTAX REVENUES
dc.subjectTRADE FLOWS
dc.subjectTRADE LIBERALIZATION
dc.subjectTRADE TAXES
dc.subjectTRANSPORT
dc.subjectUNEMPLOYMENT
dc.subjectUNEMPLOYMENT RATE
dc.subjectVALUE ADDED
dc.subjectWAGES
dc.subjectWELFARE SYSTEM
dc.subjectWORLD TRADE ORGANIZATION
dc.subjectWTO EURROPEAN INTEGRATION
dc.subjectENTERPRISE RESTRUCTURING
dc.subjectSTRUCTURAL REFORMS
dc.subjectINVESTMENT ENVIRONMENT
dc.subjectGROWTH PROMOTION
dc.subjectPROPERTY RIGHTS
dc.subjectJUDICIAL REFORM
dc.subjectJOB CREATION POLICIES
dc.subjectBUSINESS ENVIRONMENT
dc.subjectPUBLIC ADMINISTRATION
dc.subjectKNOWLEDGE TRANSFER
dc.subjectCOMPETITIVENESS
dc.subjectMACROECONOMIC STABILIZATION
dc.subjectPUBLIC EXPENDITURES FOR HEALTH
dc.subjectWAGE LEVELS
dc.subjectFISCAL POLICY
dc.subjectGOVERNMENT SPENDING POLICY
dc.subjectSOCIAL SECURITY SYSTEMS
dc.subjectCIVIL SERVICE REFORMS
dc.subjectCOURT PROCEDURES
dc.subjectSMALL CLAIMS COURTS
dc.subjectLEGAL FRAMEWORK
dc.subjectUNEMPLOYMENT RATES
dc.subjectBARRIERS TO ENTRY
dc.subjectLABOR MARKET CHARACTERISTICS
dc.subjectCORPORATE GOVERNANCE
dc.subjectPRIVATIZATION OF PUBLIC ENTERPRISES
dc.subjectDEBT SUSTAINABILITY
dc.subjectEMPLOYMENT CREATION
dc.subjectLAND RIGHTS
dc.subjectHUMAN CAPITAL DEVELOPMENT
dc.titleCroatia Country Economic Memorandum : A Strategy for Growth through European Integration, Volume 1. Summary Reporten
dspace.entity.typePublication
okr.date.doiregistration2025-05-07T11:19:04.984407Z
okr.doctypeEconomic & Sector Work::Country Economic Memorandum
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/2003/07/2466160/croatia-country-economic-memorandum-strategy-growth-through-european-integration-vol-1-2-summary-report
okr.globalpracticeSocial, Urban, Rural and Resilience
okr.globalpracticeGovernance
okr.globalpracticeGovernance
okr.guid172021468770685773
okr.guid424081468748758191
okr.identifier.externaldocumentum000160016_20030801115058
okr.identifier.internaldocumentum2466160
okr.identifier.report25434
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2003/08/01/000160016_20030801115058/Rendered/PDF/254341HR0vol01.pdfen
okr.region.administrativeEurope and Central Asia
okr.region.countryCroatia
okr.sectorAgriculture, fishing, and forestry :: General agriculture, fishing and forestry sector
okr.sectorPublic Administration, Law, and Justice :: General public administration sector
okr.sectorTransportation :: General transportation sector
okr.sectorWater, sanitation and flood protection :: General water, sanitation and flood protection sector
okr.sectorIndustry and trade :: General industry and trade sector
okr.topicEconomic Theory and Research
okr.topicBanks and Banking Reform
okr.topicEnvironmental Economics and Policies
okr.topicGovernance::National Governance
okr.topicUrban Development::Municipal Financial Management
okr.unitPoverty Reduction/Econ Mngmt (ECSPE)
okr.volume1 of 2
Files
Original bundle
Now showing 1 - 2 of 2
Thumbnail Image
Name:
254341HR0vol01.pdf
Size:
4.43 MB
Format:
Adobe Portable Document Format
Download
No Thumbnail Available
Name:
254341HR0vol01.txt
Size:
166.15 KB
Format:
Plain Text
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Plain Text
Description:
Download
Collections
Country Economic Memorandum