ZAGREB ZAGREB, Nov 5 (Hina) - The development, information and financial engineering agency "Rifin" organised in Zagreb on Tuesday a seminar called "Economic Policy - Illusions, Failures, Expectations", focusing on business
opportunities and possible ways of solving the current economic crisis in Croatia. A special issue of the magazine "Ekonomija" (Economics) is dedicated to the same topic.
ZAGREB, Nov 5 (Hina) - The development, information and financial
engineering agency "Rifin" organised in Zagreb on Tuesday a seminar
called "Economic Policy - Illusions, Failures, Expectations",
focusing on business opportunities and possible ways of solving the
current economic crisis in Croatia. A special issue of the magazine
"Ekonomija" (Economics) is dedicated to the same topic. #L#
Along with Slovenia, Croatia was among the countries which were
best prepared for transition. The fact that it now drastically lags
behind in transition should not be ascribed only to the war but also
to the mistakes of the overall policy, including the economic
policy, said Dragomir Vojnic of Zagreb's Economy Institute.
Vojnic believes that one of the most fatal mistakes was the so-
called "tycoon privatisation" and he claims that politics has
helped create an atmosphere unacceptable to the international
community.
Participants in today's seminar also marked the 80th birthday of
recently deceased academician Jakov Sirotkovic. The special issue
of "Ekonomija" magazine, edited by economists Gordan Druzic and
Guste Santini, opens with Sirotkovic's article on the current
economic situation in Croatia and economic policy in 2003.
Sirotkovic believes that the Croatian economy is marked by the fact
that the country's GDP has still not reached the 1990 level, as well
as by a high unemployment rate, a foreign trade deficit which has
been present since 1995, a low export-import ratio, and the
overindebtedness of the state.
Some experts see a solution to these and numerous other economic
problems in the change of the economic policy.
(hina) rml sb