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CROATIA RANKED 52ND IN GLOBAL COMPETITIVENESS REPORT 2002-3

ZAGREB, Dec 8 (Hina) - Croatia is ranked 52nd in terms of global competitiveness and 58th on the growth competitiveness index among 80 countries covered by the Global Competitiveness Report 2002-2003, which has been drawn up by the World Economic Forum and Harvard University.
ZAGREB, Dec 8 (Hina) - Croatia is ranked 52nd in terms of global competitiveness and 58th on the growth competitiveness index among 80 countries covered by the Global Competitiveness Report 2002- 2003, which has been drawn up by the World Economic Forum and Harvard University. #L# The report was presented in Zagreb on Tuesday by members of Croatia's National Competitiveness Council (NVK), whose president, Zeljko Covic, said that not one social sector - the business community, the state authorities, the education system, and trade unions - were amnestied from the need to carry out changes. Only Bulgaria and Romania among the countries in transition are ranked lower than Croatia, which has been included in the report for the first time. Croatian businessmen are particularly pessimistic regarding potential growth in 2003 and their stand towards the policy of subsidising. On the other hand, they are relatively optimistic concerning the transparent tax system, the simpler procedure to get a loan, which field places Croatia at the top of the list, and stagnation in terms of bribery and corruption. The report's results will provide the starting point for the NVK in drawing up, by April next year, a proposal as to how increase Croatia's competitiveness. (hina) ha

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