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Author: | Jones, C. |
Title: | Zagreb's about-turn |
Journal: | Banker
1995 : JAN, VOL. 145:827, p. 38-41 |
Index terms: | CROATIA BANKING DEBT |
Language: | eng |
Abstract: | Quietly, without the rest of the world yet realising it, Croatia could be shaping up into one of central Europe's post-communist success stories. The war next door in Bosnia-Hercegivina has dominated the headlines. But, off stage, the Croats have been laying solid groundwork for their re-emergence as a prosperous market economy. The key move was a tough macro-economic programme launched in 1990. Prices were freed. Monetary controls were tightened. Nominal wage growth was restricted. |
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