Business Excellence, Vol. 6 No. 1, 2012.
Review article
THE INFLUENCE OF NATO STANDARDS APPLICATION ON DEVELOPMENT OF CROATIAN ECONOMY
Petar Mišević
; Office of the National Security Council
Tonći Lazibat
; Faculty of Economics and Business, University of Zagreb
Josip Jurčević
; SOA
Abstract
Th e purpose of this study was to examine the impact of NATO accession and implementation of NATO standards on the development of national economy. In addition, the NATO standards for quality and ISO 9001 standards were compared and their
importance to the economy of the country stressed out. Impact of NATO accession and implementation of NATO standards on the economic situation of the country is manifested through the direct and indirect impacts. Direct benefi ts include reducing the amount
needed to defend the country, opening new business opportunities for businesses and the military industry of the acceding countries, the participation of scientists and experts in the projects of NATO, whose competences are developed and updated on the latest technologies. Indirect benefi ts include the reforms necessary for joining the Alliance, which will result in building a better business environment for domestic and foreign business partners, the risks at the country level has been reduced together with a reduction of interest rates and increased domestic and foreign investment, and consequently infl
uence the development and growth of the overall economy . In this paper, the economic indicators were analyzed on which to evaluate the impact of entry into NATO on the economic situation. Although paper did not show impact of all indicators and omitted some of the factors, it is possible to conclude that entry into the NATO alliance and the implementation of NATO standards leads to improvement of the economic situation of the acceding country.
Keywords
STANAG; NATO; quality; security; national economy; Croatia
Hrčak ID:
84683
URI
Publication date:
1.6.2012.
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