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| Author: | Franicevic, V. Kraft, E. |
| Title: | Croatia's economy after stabilization |
| Journal: | Europe-Asia Studies
1997 : JUN, VOL. 49:4, p. 669-691 |
| Index terms: | ECONOMIC CONDITIONS CROATIA STABILIZATION |
| Language: | eng |
| Abstract: | In the five years since Croatia declared independence, the country has experienced war, an approximate one-third drop in GDP, high inflation, and economic crisis. Croatia has also implemented a very successful stabilisation programme. Croatian independence, by creating a setting of reduced decisional complexity, made it possible to approach stabilisation and reform radically and credibly. But achieving independence did not automatically bring a resolution to many of Croatia's other economic problems. |
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