Franklin

Republic of Croatia [electronic resource] : Selected Issues.

Author/Creator:
International Monetary Fund
Publication:
Washington, D.C. : International Monetary Fund, 2008.
Series:
IMF eLibrary
IMF Staff Country Reports; Country Report No. 08/159.
IMF Staff Country Reports; Country Report No. 08/159
Format/Description:
Government document
Book
1 online resource (71 p.)
Local subjects:
Balance of payments.
Budget balance.
Capital account.
Capital account crisis.
Current account.
Current account balance.
Current account balances.
Current account deficit.
Current account deficits.
Current account dynamics.
Current account position.
Current accounts.
Current accounts deficit.
Debt accumulation.
Debt creating inflow.
Debt dynamics.
Debt intolerance.
Debt service.
Debt sustainability.
Debt sustainability analysis.
Domestic saving.
External borrowing.
External debt.
External debt service.
External debt sustainability.
External financing.
External funding.
External liabilities.
External liability.
External liquidity.
Foreign debt.
Government deficit.
Government expenditures.
Net debt.
Payments imbalances.
Private credit.
Ratio of debt.
Selected issues.
Total external debt.
Croatia.
Summary:
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 exchange rate is broadly in line with economic fundamentals and that external debt dynamics are sustainable as long as macroeconomic policies remain strong. The second analysis finds significant inefficiencies in Croatia’s social spending. It also discusses several reform measures to reduce inefficiencies in public spending and generate budgetary savings to reduce the general government deficit.
Notes:
Description based on print version record.
Contributor:
International Monetary Fund
Other format:
Print Version:
ISBN:
1451817479:
9781451817478
ISSN:
1934-7685
Publisher Number:
10.5089/9781451817478.002
Access Restriction:
Restricted for use by site license.
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