Original scientific paper

PROGRESS AND REGRESS SYMETRY OF THE CROATIAN ECONOMY

Ivo Družić

Abstract

Generally speaking the 20th century displayed turbulent growth performance in Croatia. Contemporary developed countries have ended the century with many a time multiplied national output. The rest of the world encompassing dominant portion of world’s population and prevailing number of countries is still fi ghting uphill way through curving path of economic development, often exposed to many side-tracks and blind alleys. Growth periods when attained are immediately followed by periods of stagnation and/or overall regress, with unsatisfactorily growth performance in the long run. Result is widening of the development gap between vast majority of world population and minority of “lucky” ones living in developed economies. In that context Croatian experience is not only intriguing but also analytically very distinctive.

Keywords

economic progress; economic regress; growth; employment; inflation; export to import ratio; fluctuations; transition; privatization; stabilization

Hrčak ID:

12232

URI

https://hrcak.srce.hr/12232

Publication date:

20.4.2007.

Article data in other languages: croatian

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