E-Knjižnica FET "Dr. Mijo Mirković"

Terms and conditions for the implementation of inflation targeting in Croatia

Ćorić, Tomislav (2007) Terms and conditions for the implementation of inflation targeting in Croatia. In: 4th International Conference "Global Challenges for Competitiveness: Business and Government Perspective", 27-29. 9. 2007., Pula, Croatia.

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Since the introduction of the Stabilization program in 1993, the Croatian National Bank has been following a monetary strategy of exchange rate anchor. During the first period from from1993 to 1997 this monetary strategy achieved acceptable results, accompanied with a low inflation rate and high GDP growth rates. However, the macroeconomic situation changed in the last decade. The indicators of Croatian economy, such as trade balance deficit, the level of external debt and GDP growth rates, have not been satisfactory. The criticizers of the exchange rate anchor monetary strategy argue that appreciated kuna lowers the competitiveness of the domestic economy. As a result, the current monetary strategy is in the focus of various economists' discussions. One of the alternatives to the exchange rate anchor is inflation targeting – nominal anchor introduced by monetary policy authorities at the end of 20th century.

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Tip objekta: Materijal konferencije ili radionice (Paper)
Mentor: NIJE ODREĐENO
Dodatne informacije: 4/2007
Ključni pojmovi: inflation targeting, monetary strategy, Croatia, Ciljanje inflacije, monetarna strategija, Hrvatska.
Teme: 3 Društvene znanosti > 33 Ekonomija. Ekonomska znanost > 336 Financije. Uključujući: Javne financije. Bankarstvo. Novac > 336.7 Novac. Monetarni sustav. Bankarstvo. Burze
Odjeli: Odjel za ekonomiju i turizam "Dr. Mijo Mirković"
Datum pohrane: 17 Oct 2012 11:39
Zadnja promjena: 08 Jan 2013 10:18
URI: http://eknjiznica.unipu.hr/id/eprint/1639

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