Croatia’s Science and Technology Project Unleashes Innovation
Croatia's economic and social development achievements in the last decade have been impressive; the country closed its income gap with the European Union and now has some of the best social development indicators in the region. However, growin...
Main Authors: | , , |
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Format: | Brief |
Language: | English |
Published: |
World Bank, Washington, DC
2012
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Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/2010/06/12817844/croatias-science-technology-project-unleashes-innovation http://hdl.handle.net/10986/10182 |
Summary: | Croatia's economic and social
development achievements in the last decade have been
impressive; the country closed its income gap with the
European Union and now has some of the best social
development indicators in the region. However, growing
current account deficits, in the context of increasing
domestic wages, small productivity gains and scarce
innovation, suggest that this pattern may not be
sustainable. With the economic crisis hitting the region
hard, accelerating productivity and reaping the benefits of
innovation for the country's development have become
even more urgent. |
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