Tytuł pozycji:
IMPACT OF THE GLOBAL FINANCIAL CRISIS ON CROATIA
Croatia’s economic development involving a huge amount of current account deficit intensified its vulnerability to external shocks and it was already unsustainable in 2008. In such a situation the global financial crisis dealt this country crucial blows. Croatia is now required to do a switchover of the existing model of economic development, i.e. domestic consumption exceeding domestic export, imports exceeding exports and investments exceeding savings.
