IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/10858.html
   My bibliography  Save this paper

The Process of Transition and the Capital Market in the Republic of Croatia

Author

Listed:
  • Marković, Branimir
  • Matić, Branko

Abstract

As a transition country, Croatia is confronted with fundamental changes in the segment of capital transactions. These changes are the result of the country’s market orientation, of its position in the globalization (integration) processes, but especially of its needs. The limiting framework of a more signifi cant development of the capital market is set by the reached level of development of the Croatian economy, by the underdevelopment of the entire fi nancial market, by, until recently, inadequate legal regulation and, partially, by the specifi c tradition and conservatism in this segment. The present situation in the segment of capital transactions indicates the comprehensiveness of the changes regarding the development of the capital market, but at the same time the extreme sensitivity of this market to changes of the economic activity in the country, as well as in its surrounding, and high sensibility relating to the political decision about the initiation of negotiations with the European Union concerning the membership of Croatia in this association.

Suggested Citation

  • Marković, Branimir & Matić, Branko, 2006. "The Process of Transition and the Capital Market in the Republic of Croatia," MPRA Paper 10858, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:10858
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/10858/1/MPRA_paper_10858.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    financial system; capital market; transition; the European Union;
    All these keywords.

    JEL classification:

    • G2 - Financial Economics - - Financial Institutions and Services
    • F2 - International Economics - - International Factor Movements and International Business
    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:10858. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.