Fiscal and Monetary System Reforms in the Republic of Croatia Under Influence of European Integration Processes

XXV. Wissenschaftliches Symposium, J. J. Strossmayer University of Osijek, Faculty of Economics, Fachhochschule Pforzheim Hochschule für Gestaltung, Technik und Wirtschaft

10 Pages Posted: 22 Sep 2008

See all articles by Branko Matic

Branko Matic

University of J.J. Strossmayer in Osijek - Faculty of Economics

Branimir Markovi

University of J.J. Strossmayer in Osijek - Faculty of Economics

Date Written: October 20, 2004

Abstract

Through a continuous reform of its fiscal system (especially the tax system), the Republic of Croatia has harmonized them with those of EU countries, in keeping with European integration processes and the intention to become a full EU member. Certain differences are still in place (tax rates, certain tax incentives, benefits and exemptions), but they are soon to be harmonized as well in an ongoing tax system reform. As for the monetary segment, Croatia is already relatively well harmonized with EU standards. This harmonization is primarily based on a stable exchange rate of the national currency and low inflation. The legislation is for the most part in line with the country's endeavours in this area. Certain segments of monetary finances, especially those with long-term effects such as capital transfers etc., which are not yet adequately regulated through positive legislation, will soon have to be harmonized with the EU acquis.

Note: Downloadable document is in Hungarian.

Keywords: fiscal system, monetary system, reforms, harmonization

Suggested Citation

Matic, Branko and Markovi, Branimir, Fiscal and Monetary System Reforms in the Republic of Croatia Under Influence of European Integration Processes (October 20, 2004). XXV. Wissenschaftliches Symposium, J. J. Strossmayer University of Osijek, Faculty of Economics, Fachhochschule Pforzheim Hochschule für Gestaltung, Technik und Wirtschaft, Available at SSRN: https://ssrn.com/abstract=1266135 or http://dx.doi.org/10.2139/ssrn.1266135

Branko Matic (Contact Author)

University of J.J. Strossmayer in Osijek - Faculty of Economics ( email )

Gajev trg 7
Osijek, 31000
Croatia

HOME PAGE: http://www.efos.hr/nastavnici/bmatic/

Branimir Markovi

University of J.J. Strossmayer in Osijek - Faculty of Economics ( email )

Gajev trg 7
Osijek, 31000
Croatia

HOME PAGE: http://www.efos.hr

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