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Republic of Croatia: Staff Report for the 2002 Article IV Consultation

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  • International Monetary Fund

Abstract

This 2002 Article IV Consultation highlights that Croatia experienced solid growth in the last two years, with growth rates of about 4 percent exceeding those of the euro area and of many other transition countries. The recovery, initially propelled by private consumption and exports, has more recently extended to investment, encouraged by easy access to credit and public infrastructure spending. After decelerating at the end of 2001 in the wake of the slowdown in Europe, growth resumed strongly in the first quarter of 2002 supported by domestic demand. The outlook for 2002 is moderately positive.

Suggested Citation

  • International Monetary Fund, 2002. "Republic of Croatia: Staff Report for the 2002 Article IV Consultation," IMF Staff Country Reports 2002/178, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2002/178
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=16023
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    Cited by:

    1. Loening, Josef L. & Durevall, Dick & Ayalew Birru, Yohannes, 2009. "Inflation Dynamics and Food Prices in an Agricultural Economy: The Case of Ethiopia," Working Papers in Economics 347, University of Gothenburg, Department of Economics.

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