Original scientific paper

GOVERNMENTS AND ECONOMIES IN TRANSITION - SOME EARLY EXPERIENCES

Đuro Benić orcid.org/0000-0002-0695-5815 ; Faculty of Tourism and Foreign Trade - Dubrovnik

Abstract

The paper analyzes the role of government in transition economies. The
following presents some of the ways in which it can operate: in creating the ideal environment for entrepreneurial growth, implying the speedy application of privatization and activation of the financial market, in radically discontinuing with the administration of the economy, in ensuring social stability and finally, in practicing stable, macroeconomic policies. Also looked into are some of the earlier experiences with transitions, especially the effect of economic liberalization on economic growth, inflation, employment, privatization and political freedom. The end deals with specific aspects relative to the transition of the Croatian economy, indicating some open issues which need government intervention in various directions, in order to be solved.

Keywords

government; economy; transition; economic liberalization

Hrčak ID:

222444

URI

https://hrcak.srce.hr/222444

Publication date:

2.6.1997.

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