Original scientific paper
ROLE OF THE WORLD BANK IN CROATIA’S TRANSITION – ECONOMIC OR SOCIAL PERFORMANCE?
Tomislav Maršić
; Ministry of Foreign Affairs and European Integration, Zagreb, Croatia
Abstract
The paper looks into the justifiability of cirticisms levelled at the role of the World Bank. The meaning and guidelines of two major legal and economic reforms in Croatia are outlined: the changes in labour laws and the implementation of pension reform. The first part of the text deals with the role of deregulation policy, which has probably improved labour market flexibility, but also significantly increased job insecurity. The second part is devoted to the pension reform as an example of privatizing public service sector. The paper investigates the goals of the World Bank as well as the local reform participants. The final part of the paper offers brief conclusions. The main argument is that the described structural accommodations have been designed primarily with the criterion of economic efficiency in mind while the social aspects have been systematically overlooked.
Keywords
structural programs of accommodation; deregulation; liberalization; pension system; labour laws; World Bank; Croatia
Hrčak ID:
21819
URI
Publication date:
25.7.2005.
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