Review article
Financing Croatian shipping industry by means of credit leasing
Zlatko Turčić
Abstract
Global economy is the imperative of present way of doing business in the world. Therefore it is easy to understand why young Croatian government has chosen global and liberal international exchange policy of export propulsive strategy that was grounded upon private property and capital production-wise market relationship. Not adequately chosen model of privatisation with the elements of primary capital accumulation, bad operations of legislation, numerous exogenous parameters, especially great casualties and enormous war devastation Croatia experienced during Croatian War of Independence, as well as market of former Yugoslavia lost, caused zero growth and sometimes negative trends of the economy. Negative trends were especially shown in Croatian shipping industry. This industry is very relevant for citizens of south Croatia. Therefore the financing of Croatian shipping industry and its emerging from economic crises especially by means of credit leasing will be the topic of these analyses.
Keywords
ship; shipping industry; merchant marine; credit; leasing; stagnation; deficit; foreign currency; management
Hrčak ID:
8272
URI
Publication date:
28.10.2005.
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