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Dugovno–deflacijska kriza u Hrvatskoj

Author

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  • Dubravko Radoševic

    (viši znanstveni suradnik, Ekonomski institut Zagreb)

Abstract

Dinamika hrvatske krize izrazito je nepovoljna, a Hrvatska je iz faze dezinflacije (usporavanja stope rasta cijena) i niske inflacije (ispod optimalne stope inflacije od oko 2 posto) ušla u fazu deflacije (pad opce razine cijena), odnosno u fazu tzv. „stagdeflacije“, prolongirane recesije s deflacijom. Situacija ekonomske stagnacije (recesije) s niskom inflacijom, odnosno deflacijom, uzrokom je ulaska Hrvatske u fazu „ekonomske depresije“, odnosno tzv. deflacijske spirale. U istra- živanju se analizira monetarni fenomen deflacije u Hrvatskoj i daju naznake kontraciklicke monetarne politike. Predlažemo prelazak na novu monetarnu strategiju ciljanja inflacije, uz utvrcivanje srednjorocne projekcije stope inflacije, i ciljanu stopu inflacije u rasponu izmecu 2 i 3 posto godišnje

Suggested Citation

  • Dubravko Radoševic, 2014. "Dugovno–deflacijska kriza u Hrvatskoj," Ekonomija Economics, Rifin d.o.o., vol. 21(1), pages 85-112.
    • Handle: RePEc:eff:ekoeco:v:21:y:2014:i:2:p:85-112
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    More about this item

    Keywords

    dezinflacija; niska inflacija; deflacija; Fisherov efekt; deflacijska spirala; bilancna recesija; inherentna financijska nestabilnost; nekonvencionalna monetarna politika;
    All these keywords.

    JEL classification:

    • E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit
    • E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination

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