Pregled bibliografske jedinice broj: 249691
The Impact of Bank Ownership on Balance of Payments Through the Income Account in Croatia
The Impact of Bank Ownership on Balance of Payments Through the Income Account in Croatia // 65^th Anniversary Conference of the Institute of Economics, Zagreb. Conference Proceedings / Lovrinčević, Željko ; Mervar, Andrea ; Mihaljek, Dubravko ; Nušinović, Mustafa ; Radas, Sonja ; Starc, Nenad ; Švaljek, Sandra (head) ; Teodorović, Ivan (ur.).
Zagreb: Ekonomski institut Zagreb, 2005. str. 723-734 (poster, međunarodna recenzija, cjeloviti rad (in extenso), znanstveni)
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Naslov
The Impact of Bank Ownership on Balance of Payments Through the Income Account in Croatia
Autori
Slijepčević, Sunčana ; Živković, Zrinka
Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni
Izvornik
65^th Anniversary Conference of the Institute of Economics, Zagreb. Conference Proceedings
/ Lovrinčević, Željko ; Mervar, Andrea ; Mihaljek, Dubravko ; Nušinović, Mustafa ; Radas, Sonja ; Starc, Nenad ; Švaljek, Sandra (head) ; Teodorović, Ivan - Zagreb : Ekonomski institut Zagreb, 2005, 723-734
Skup
65^th Anniversary Conference of the Institute of Economics, Zagreb
Mjesto i datum
Zagreb, Hrvatska, 18.11.2004. - 19.11.2004
Vrsta sudjelovanja
Poster
Vrsta recenzije
Međunarodna recenzija
Ključne riječi
banking sector; ownership structure; balance of payments
Sažetak
High foreign participation in the banking sector and the increasing level of balance of payments deficit characterize the Croatian economy. This paper examines the relationship between bank ownership and balance of payments in Croatia. The market structure of the banking sector has, undergone significant changes in many countries in the last ten years. These changes are consequences of a number of factors and processes like financial deregulation, the establishment of the European Monetary Union and globalization which started in the 1980's, and to which banks have to adapt. Change of bank ownership structure from state ownership to foreign-bank ownership is particularly stressed in Croatia. Between 1996 and 2003, the share of assets held by foreign banks increased drastically. In 2003 more than 90 percent of the banking sector's total asset was foreign-owned. At the same time, balance of payment deficit was steadily increasing. During this time, Croatia has had a consistent current account deficit that largely reflects on the balance of goods account due to the increasing import, especially consumer's products. In this poster presentation we try to answer the question whether bank ownership structure in Croatia might have an impact on balance of payments.
Izvorni jezik
Engleski
Znanstvena područja
Ekonomija
