IMPACT OF THE GLOBAL FINANCIAL CRISIS ON CROATIA

• Authors: Yoji Koyama
• Languages of publication: EN

Abstracts

EN

Croatia’s economic development involving a huge amount of current account deficit intensified its vulnerability to external shocks and it was already unsustainable in 2008. In such a situation the global financial crisis dealt this country crucial blows. Croatia is now required to do a switchover of the existing model of economic development, i.e. domestic consumption exceeding domestic export, imports exceeding exports and investments exceeding savings.

Keywords

EN

GLOBAL FINANCIAL CRISIS; CROATIA

• Publisher: Wydział Zarządzania - Uniwersytet Gdański
• Journal: Prace i Materiały Wydziału Zarządzania Uniwersytetu Gdańskiego
• Year: 2011
• Volume: 2
• Issue: 1
• Pages: 365-379

Contributors

author

Yoji Koyama

• Niigata University (Japan)