Skoči na glavni sadržaj

Ekonomska misao i praksa, Vol. 15 No. 2, 2006.

Prethodno priopćenje

FINANCIAL LIBERALIZATION IN CROATIA

Jasminka Šohinger
Darko Horvatin

Puni tekst: engleski pdf 303 Kb

str. 173-198

preuzimanja: 1.131

citiraj

Sažetak

The change of the international capital flow structure, where the emphasis shifted from official lending to increased private capital flows, presented the transition economies with new challenges in the development of their financial systems. Starting with the comparative perspective of other transition economies, in this paper we focus on the effects that international private capital flows had on the Croatian banking sector as well as on how they helped shape its stock market. We analyze foreign direct investment and portfolio investment, two main components of international private capital flows, and we conclude with some insights and dilemmas regarding the desirable degree of openness of the capital accounts with regard to the relation between the economic growth and the long-term stability.

Ključne riječi

private capital flow; foreign direct investment; portfolio investment; Croatian economy

Hrčak ID:

10677

URI

https://hrcak.srce.hr/10677

Datum izdavanja:

18.12.2006.

Podaci na drugim jezicima: hrvatski

Posjeta: 1.931 *