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Republic of Croatia: Staff Report for the 2004 Article IV Consultation and Request for Stand-By Arrangement

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  • International Monetary Fund

Abstract

This paper examines Croatia’s 2004 Article IV Consultation and Request for Stand-By Arrangement (SBA). Croatia has established a record of solid growth and low inflation since the mid-1990s. Real GDP growth has averaged about 4.5 percent, with inflation in the low single digits. This performance compares well with the European Union-15 (EU-15) and other Central and Eastern European countries (CEECs). Structural reform has also advanced, and the private sector is vibrant. To support their policies for 2004–05, the authorities have requested a new 20-month SBA, which they intend to treat as precautionary.

Suggested Citation

  • International Monetary Fund, 2004. "Republic of Croatia: Staff Report for the 2004 Article IV Consultation and Request for Stand-By Arrangement," IMF Staff Country Reports 2004/253, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2004/253
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=17630
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    Cited by:

    1. Eduardo Wiesner, 2008. "The Political Economy of Macroeconomic Policy Reform in Latin America," Books, Edward Elgar Publishing, number 12913.
    2. repec:onb:oenbwp:y:2006:i:11:b:1 is not listed on IDEAS

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