The Republic of Croatia Systematic Country Diagnostic
Croatia has made remarkable progress since independence, but daunting challenges impede the reforms required for sustainable development. In the space of a couple of decades since independence and its subsequent destructive war, Croatia has establi...
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Format: | Report |
Language: | English |
Published: |
World Bank, Washington, DC
2018
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Online Access: | http://documents.worldbank.org/curated/en/452231526559636808/Croatia-Systematic-Country-Diagnostic http://hdl.handle.net/10986/29876 |
Summary: | Croatia has made remarkable progress
since independence, but daunting challenges impede the
reforms required for sustainable development. In the space
of a couple of decades since independence and its subsequent
destructive war, Croatia has established a liberal democracy
and a market economy, and achieved upper-middle income
country. EU accession played a key role in these
accomplishments by supporting legislative improvements,
strengthening institutions and increasing the availability
of funds. Nevertheless, implementation of the reform program
continues to face significant obstacles. Capture of public
institutions by powerful interest groups has limited the
effectiveness of reforms. And frequent changes in
government, each accompanied by changes in technical staff
in public administration, have reduced momentum for reform
and the consistency of government policies over time. This
Systematic Country Diagnostic (SCD) provides an assessment
of where Croatia stands in terms of poverty reduction and
shared prosperity (namely the twin goals), and how it could
maximize progress towards these goals. The SCD’s purpose is
not to assess the Government’s development plans but rather
to articulate an independent identification of, and
rationale for, priorities for achieving the twin goals. The
analysis is meant to inform subsequent engagement between
Croatia and the World Bank Group on the Country Partnership
Framework. The document is structured as follows: chapter
two presents key determinants and constraints of growth;
chapter three presents determinants and constraints for
enhancing inclusion; chapter four discusses financial,
social and environmental sustainability, and identifies key
sustainability-related constraints on achieving the twin
goals over the longer term; and chapter five presents the
priorities for reform and concludes. |
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