Republic of Croatia : Selected Issues.
This Selected Issues paper explores how intersectoral vulnerabilities and risks have shifted over 2001-17, and especially after the Global Financial Crisis. It analyzes financial positions at the sectoral levels deposit taking institutions and non-financial corporations, households, the public secto...
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| Format: | Journal |
| Language: | English |
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Washington, D.C. :
International Monetary Fund,
2019.
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| Series: | IMF Staff Country Reports; Country Report ;
No. 2019/047 |
| Online Access: | Full text available on IMF |
| Summary: | This Selected Issues paper explores how intersectoral vulnerabilities and risks have shifted over 2001-17, and especially after the Global Financial Crisis. It analyzes financial positions at the sectoral levels deposit taking institutions and non-financial corporations, households, the public sector, and the Croatian National Bank by disaggregating them into instruments, currencies, and maturities. The paper has employed balance sheet analysis (BSA) to gauge cross-sectional exposures and risks. The BSA approach is a method to study an economy as a system of interlinked sectoral balance sheets. The policies to reduce the remaining vulnerabilities have also been discussed in the paper. Standard macroeconomic indicators demonstrate that Croatia's overall external vulnerabilities have declined since 2010. However, the balance sheet matrix shows little improvement in reduction of important cross-sectoral dependencies and liabilities to the rest of the world over 2010-17. One of the recommendations made is to encourage deleveraging through specific policy options and strategies. |
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| Item Description: | <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required |
| Physical Description: | 1 online resource (18 pages) |
| Format: | Mode of access: Internet |
| ISSN: | 1934-7685 |
| Access: | Electronic access restricted to authorized BRAC University faculty, staff and students |