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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Main Author: World Bank
Format: Report
Language:English
Published: World Bank, Washington, DC 2018
Subjects:
Online Access:http://documents.worldbank.org/curated/en/452231526559636808/Croatia-Systematic-Country-Diagnostic
http://hdl.handle.net/10986/29876
id okr-10986-29876
recordtype oai_dc
spelling okr-10986-298762021-05-25T09:14:49Z The Republic of Croatia Systematic Country Diagnostic World Bank PRODUCTIVITY TRADE ECONOMIC GROWTH FIRM PRODUCTIVITY BUSINESS ENVIRONMENT COMPETITION POLICY INCLUSIVE GROWTH SHARED PROSPERITY POVERTY REDUCTION LABOR MARKET RESILIENCE SUSTAINABILITY PUBLIC FINANCIAL MANAGEMENT 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. 2018-06-18T18:33:25Z 2018-06-18T18:33:25Z 2018-05-04 Report http://documents.worldbank.org/curated/en/452231526559636808/Croatia-Systematic-Country-Diagnostic http://hdl.handle.net/10986/29876 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Systematic Country Diagnostic Europe and Central Asia Croatia
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic PRODUCTIVITY
TRADE
ECONOMIC GROWTH
FIRM PRODUCTIVITY
BUSINESS ENVIRONMENT
COMPETITION POLICY
INCLUSIVE GROWTH
SHARED PROSPERITY
POVERTY REDUCTION
LABOR MARKET
RESILIENCE
SUSTAINABILITY
PUBLIC FINANCIAL MANAGEMENT
spellingShingle PRODUCTIVITY
TRADE
ECONOMIC GROWTH
FIRM PRODUCTIVITY
BUSINESS ENVIRONMENT
COMPETITION POLICY
INCLUSIVE GROWTH
SHARED PROSPERITY
POVERTY REDUCTION
LABOR MARKET
RESILIENCE
SUSTAINABILITY
PUBLIC FINANCIAL MANAGEMENT
World Bank
The Republic of Croatia Systematic Country Diagnostic
geographic_facet Europe and Central Asia
Croatia
description 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.
format Report
author World Bank
author_facet World Bank
author_sort World Bank
title The Republic of Croatia Systematic Country Diagnostic
title_short The Republic of Croatia Systematic Country Diagnostic
title_full The Republic of Croatia Systematic Country Diagnostic
title_fullStr The Republic of Croatia Systematic Country Diagnostic
title_full_unstemmed The Republic of Croatia Systematic Country Diagnostic
title_sort republic of croatia systematic country diagnostic
publisher World Bank, Washington, DC
publishDate 2018
url http://documents.worldbank.org/curated/en/452231526559636808/Croatia-Systematic-Country-Diagnostic
http://hdl.handle.net/10986/29876
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