Conference paper
PUBLIC SPENDING IN CROATIA BETWEEN GLOBALIZATION AND DECENTRALIZATION
Zdravko Petak
; Faculty of Political Science, University of Zagreb, Zagreb, Croatia
Abstract
The paper deals with the possible impact of globalization and decentralization on the future role of public spending in Croatia. In the first part, the author describes the elements of government intervention in the economic process during the 20th century and the theoretical origin of public goods as a resource that the market is incapable of efficiently providing. After that the characteristics of the process of globalization and decentralization (localization) are listed. These are the two simultaneous processes whose intensification leads to the reduction of the regulative role of the nation-state and public spending. The second part of the article first discusses the structure of public spending in Croatia, and then a possible impact of the two processes on its structure and volume.
Keywords
Hrčak ID:
27148
URI
Publication date:
28.7.2000.
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