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The role of the FDI in Croatia’s tourism sector

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Author Info
Igor Stokoviæ ()
Abstract

Croatia has a significant comparative advantage in tourism sector in terms of unspoilt nature, a unique geographic landscape with more than 1,000 islands, high quality and clarity of sea and friendliness of the local people. But after the deep fall in international arrivals and overnights during the war period, Croatia has achieved some before-war figures. During the period of the war, the main Croatia’s competitor evolved to meet changing consumer demands, investing in new infrastructure, diversifying their tourism products and strengthening their presence in markets were once Croatia’s main international sources. Croatia offers significant potential for development tourism in different segments like rural, wine, sport tourism, but also can meet the sophisticated demand of small elite group of tourist. In spite of a great potential, Croatia’s attractiveness to foreign direct investment was not very high. During the last ten years, tourism sector in Croatia has attracted about 3 per cent of total FDI. In this paper would be analyze the operating system and results of companies before and after FDI.

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Paper provided by European Regional Science Association in its series ERSA conference papers with number ersa05p790.

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Date of creation: Aug 2005
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Handle: RePEc:wiw:wiwrsa:ersa05p790

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