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The Effects of the Euro Adoption in Croatia on International Trade and Foreign Direct Investments

Maja Bukovšak orcid id ; Hrvatska narodna banka
Andrijana Ćudina ; Hrvatska narodna banka
Nina Pavić orcid id ; Hrvatska narodna banka

Puni tekst: hrvatski pdf 560 Kb


str. 95-128

preuzimanja: 2.309



This paper presents the results of selected empirical research on the euro's effect on trade, foreign direct investment, and tourism by giving a brief analytical overview of the developments in individual euro area countries, particularly newer member states and tourist destinations. Based on that, and taking into account Croatia's close ties to the euro area, we estimate that the introduction of the euro, due to lower transaction costs, easier price comparison, and currency risk reduction, might provide a small boost to Croatian trade in goods and services, particularly in tourism, and encourage foreign investment.

Ključne riječi

euro; trade in goods; tourism; foreign direct investment; Croatia

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Datum izdavanja:


Podaci na drugim jezicima: hrvatski

Posjeta: 4.391 *