01640cas a2200241 a 4500 AALejournalIMF005103 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451817478 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Republic of Croatia : Selected Issues. Washington, D.C. : International Monetary Fund, 2008. 1 online resource (71 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The first analysis focuses on external stability, an important issue in view of Croatia's external imbalances and the requirements of the IMF's 2007 Decision on Bilateral Surveillance. The paper shows that the real exchange rate is broadly in line with economic fundamentals and that external debt dynamics are sustainable as long as macroeconomic policies remain strong. The second analysis finds significant inefficiencies in Croatia's social spending. It also discusses several reform measures to reduce inefficiencies in public spending and generate budgetary savings to reduce the general government deficit. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2008/159 Full text available on IMF http://elibrary.imf.org/view/journals/002/2008/159/002.2008.issue-159-en.xml IMF e-Library