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Progress and Regress Symetry of the Croatian Economy

Generally speaking the 20th century displayed turbulent growth performance in Croatia. Contemporary developed countries have ended the century with many a time multiplied national output. The rest of the world encompassing dominant portion of world’ s population and prevailing number of countries is still fi ghting uphill way through curving path of economic development, often exposed to many side-tracks and blind alleys. Growth periods when attained are immediately followed by periods of stagnation and/or overall regress, with unsatisfactorily growth performance in the long run. Result is widening of the development gap between vast majority of world population and minority of “ lucky” ones living in developed economies. In that context Croatian experience is not only intriguing but also analytically very distinctive.

economic progress; economic regress; growth; employment; inflation; export to import ratio; fluctuations; transition; privatization; stabilization

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