Naslov
Some Aspects of Analyzing Corruption and Investments in Croatia

Autori
Piplica, Damir

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
8th International Scientific Symposium ECONOMY OF EASTERN CROATIA - VISION AND GROWTH / Leko, Mirna ; Crnković, Boris - Osijek : Ekonomski fakultet Sveučilišta Josipa Jurja Strossmayera u Osijeku, 2019, 1238-1252

ISBN
978-953-253-155-8

Skup
8. međunarodni znanstveni simpozij: Gospodarstvo istočne Hrvatske – vizija i razvoj = 8th International Scientific Symposium: Economy of Eastern Croatia – Vision and Growth

Mjesto i datum
Osijek, Hrvatska, 30.05.2019. - 31.05.2019

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
corruption ; investment ; left-wing government ; right-wing government ; economic policy

Sažetak
ABSTRACT Many social phenomena are more connected today than before, whereas their economic aspect is more often researched, while even more authors research correlation between the corruption and various macroeconomic elements. We shall conduct our research in the period of the transition of the Croatian economy, which is significantly different environment compared to the one existing in the developed Western economies. The goal of our research is to set additional light to the correlation of the two seemingly unrelated social phenomena, i.e. corruption and investments, in order to properly implement economic and total social policy in Croatia. The basic hypothesis of the research is that lower level of the corruption influences the growth of the investment rate in Croatia, which consequently influences its economic growth. However, and to the contrary of the hypothesis we have set, we have established that the lower level of the corruption in Croatia is in significant negative correlation with the rate of the investments, which is especially expressed in the period where left-oriented parties were the government. Furthermore, suppression of the corruption in Croatia with left-oriented governments is additionally sensitive compared to the right- oriented governments, because some forms of the corruption are more connected with achieving of the higher rates of the economic growth than with right- oriented governments. It still does not mean that the higher level of the corruption speeds up the investments in Croatia, as it was the case in some East-Asian countries. Limiting factors of achieving of the higher rate of the investments and economic growth are the slowness of the state administration, unfavourable entrepreneurial climate, lack of adequate work-power, migrating abroad, etc. There is no doubt that the creators of the economic policy in Croatia, no matter left- or right-oriented point of view, should take into consideration the importance of the phenomenon of the corruption in the economy, as the economic goals, such as the growth of the investments, cannot be reached only by using „traditional “economic instruments.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

Napomena
Indeksiranost: EBSCO, Econ Papers

POVEZANOST RADA