01857cas a2200241 a 4500 AALejournalIMF016885 230101c9999 xx r poo 0 0eng d 5.00 USD 9781498321150 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. European Dept. Republic of Croatia : 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Croatia. Washington, D.C. : International Monetary Fund, 2016. 1 online resource (69 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 This paper discusses the economic developments, outlook, risk, and policies of Croatia. This East European country has begun since the last quarter of 2014 to gradually recover from a six-year recession. In 2015 real GDP grew by 1.6 percent, driven by strong exports and tourism, a revival of private consumption, and higher public investment. Consumer prices have largely been declining over the past two years, mainly due to lower energy and food prices. Unemployment declined only slightly since 2014 and remains very high. However, absent concrete measures to underpin some of the planned reforms, slightly higher deficit in 2016 and a slower pace of consolidation over the medium term are projected. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2016/187 Full text available on IMF http://elibrary.imf.org/view/journals/002/2016/187/002.2016.issue-187-en.xml IMF e-Library