The director general of the British Institute of Economic Affairs, John Blundell, said that apart from the direct economic benefit, the implementation of such a policy had a positive impact on other areas of the life of an individual and communities.
The director of the British Adam Smith Institute, Eamon Butler, said that the foundation of every form of the economic prosperity is the efficient protection of the ownership rights, distress rights, and rapid registration of ownership.
An expert in tax policy and the economy from the US Heritage Foundation, Daniel Mitchell, presented the Index of Economic Freedom, calculated by the foundation. Croatia is ranked 82 of the 155 included in the observation process. The index measures the degree of economic freedom.
The present were also addressed by Croatian Foreign Minister Miomir Zuzul and state secretary in the Economy, Labour and Entrepreneurship Ministry Vladimir Vrankovic. Zuzul stressed the priorities of Croatia's foreign policy -- admission in the EU and NATO, the development of cooperation with the Unites States, countries in the region, Mediterranean countries and third world countries, notably China and India.
Vrankovic talked about basic economic indicators for Croatia and highlighted the priorities of the government's economic policy, including the reduction of the unemployment rate and improvement of the standard of living. He said the law on encouraging investments should be amendment by the end of the year.
The two-day forum was organised by the U.S. nongovernmental organisation World Development and Empowerment and Adriatic Institute for Public Policy, an the independent Croatian institute for the promotion of practical solutions for the social and economic progress.
The event pooled representatives of the Croatian government, parliamentary deputies from eight European countries and leading experts in economic reforms from Europe and the United States.