Lower income tax rates in Croatia make sense

Even as fiscal deficits balloon, lowering tax rates makes sense

Lowering income tax rates makes sense even as budget deficit and public debt levels rise. Namely, compared to peers and neighbours, Croatia remains a high tax jurisdiction and lower rates may well stimulate revenue growth and improve the business environment

The reverse Venn diagram – a tale about political will in Croatia

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The lack of political will is a factor in uneven reform implementation. But inability to focus on common issues as a society also narrows the scope for political will to be deployed.
Land titles reform

Land titles reform – Sisyphean task for how much longer?

Land titles reform remains a challenge in Croatia. Is it time to take a different approach and consider a land tax?

Local government reform. Does size matter?

Local government reform focussed on cost alone misses the point. How to improve effectiveness and assist marginal and border areas to develop are also important aspects to consider.
Elections in Croatia and Serbia reflect regional diversity

Election outcomes demonstrate diversity of Southeast Europe

Recent elections in Croatia and Serbia once more demonstrated the diversity of Southeast Europe
Policy focus bring two pieces of good news for Croatia

Policy focus behind Croatia’s day of good news

The ECB's positive AQR for Croatian banks and Fitch reaffirming Croatia's investment grade rating with stable outlook underlines the importance of defining long term policy goals and implementing them.
Differing policy response options underline diverse nature of South East Europe

Coronavirus exposes the extent of diversity in South East Europe

The coronavirus pandemic means the whole of South East Europe will experience a deep recession. Difference starting points, constraints and policy choices underline the diversity of the region.

Coronavirus and the Chernobyl disaster: how governance has improved

The difference in response to the coronavirus outbreak and the Chernobyl disaster in 1986 shows how much governance has improved in Croatia

South East Europe’s economies: greater uncertainty in 2020

Another year of growth while debt is rising means the global economy is exposed to increasing risk in 2020. South East Europe is better placed for a downturn than in 2008, but that readiness is not uniformly distributed

Joining the euro: the fear of inflation is overdone

Fear of inflation when joining the euro is an everpresent, yet overdone sentiment. Many other factors are in play in determining inflation outcomes but the advent of a new currency tends to mask them.