Republic of Croatia : Selected Issues Paper.
Croatia's economic vulnerability is discussed in this study. Using the balance sheet approach (BSA), this paper analyzes Croatia's overall and sectoral vulnerabilities. Croatia's financial sector balance sheet is exposed to liquidity, contagion, and currency risks. With strong pre-cri...
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| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
2011.
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| Series: | IMF Staff Country Reports; Country Report ;
No. 2011/160 |
| Online Access: | Full text available on IMF |
| Summary: | Croatia's economic vulnerability is discussed in this study. Using the balance sheet approach (BSA), this paper analyzes Croatia's overall and sectoral vulnerabilities. Croatia's financial sector balance sheet is exposed to liquidity, contagion, and currency risks. With strong pre-crisis prudential policies and parent banks' willingness to keep or even increase exposures, the economy's capacity to tackle another major macroeconomic or financial shock is limited. Given the stable exchange rate policy, a consistent set of structural, fiscal, monetary, and prudential policies are needed for sustained growth and reduced vulnerabilities. |
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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 (16 pages) |
| Format: | Mode of access: Internet |
| ISSN: | 1934-7685 |
| Access: | Electronic access restricted to authorized BRAC University faculty, staff and students |