Republic of Croatia : 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Republic of Croatia.

This Article IV Consultation highlights that the economic expansion continues, driven primarily by private consumption and exports of goods and services. Discussions primarily focused on increasing the economy's flexibility and resilience. Fiscal performance has been strong, however, the materi...

Ausführliche Beschreibung

Bibliographische Detailangaben
Körperschaft: International Monetary Fund. European Dept
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2019.
Schriftenreihe:IMF Staff Country Reports; Country Report ; No. 2019/046
Online Zugang:Full text available on IMF
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110 2 |a International Monetary Fund.  |b European Dept. 
245 1 0 |a Republic of Croatia :   |b 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Republic of Croatia. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2019. 
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490 1 |a IMF Staff Country Reports 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This Article IV Consultation highlights that the economic expansion continues, driven primarily by private consumption and exports of goods and services. Discussions primarily focused on increasing the economy's flexibility and resilience. Fiscal performance has been strong, however, the materialization of contingent liabilities from government guarantees is likely to reduce the overall surplus. Low public and private investment, and continued emigration appear to weigh on medium-term growth prospects. Downside risks in the near-term stem could be due to possible changes in regional or global economic and financial conditions, and the further realization of contingent liabilities. The IMF staff advocated for a moderately faster fiscal adjustment. The report recommends accelerating the pace of debt reduction that would build fiscal space and help reduce downside risks. The Central Bank may need to address potentially tighter external conditions while continuing with strong bank supervision and macroprudential policies. Additional measures to prevent excessive household borrowing could be considered if needed. 
538 |a Mode of access: Internet 
830 0 |a IMF Staff Country Reports; Country Report ;  |v No. 2019/046 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/002/2019/046/002.2019.issue-046-en.xml  |z IMF e-Library