Preliminary communication

Non-Interest Current Account Sustainability In Croatia

Hrvoje Jošić
Mislav Jošić

Abstract

The subject of this paper is non-interest current account sustainability in Croatia in the period between
2001 and 2010. Using MFR and Reisen approach short-term and long-term sustainability of non-interest
current account is assessed by comparing the hypothetical sustainable levels with actual values. Research
results indicates marginal short-term non-interest current account sustainability. Long-term non-interest
current account was also sustainable in the observed period. On the other hand, significant intermediate
levels of non-interest current account deviations suggests that the non-interest current account in Croatia
is not sustainable in the period between 2001 and 2010.

Keywords

current account sustainability; non- interest current account; MFR and Reisen approach; Croatia

Hrčak ID:

76068

URI

https://hrcak.srce.hr/76068

Publication date:

9.12.2011.

Article data in other languages: croatian

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