engleski

Sustainability of Public Debt in Croatia

Public debt exploded in recent years as countries tried to help their economies recover from recession. Even with larger public spending many countries failed to recover and public debt crisis is looming over them. What was considered a sound anti recession policy may turn to prolonged recession and in some cases failure of state and monetary system altogether. Even though the worst case scenario is not likely, scars will remain for years to come.

Croatia; debt; government

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