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Public Sector Economics 2020 Conference
Published: November 6, 2020

The Institute of Public Finance, in collaboration with the Friedrich Ebert Stiftung, organized its annual Public Sector Economics conference on the state and perspectives of pension reforms. The conference was opened by Zdravko Marić (Minister of Finance), Ante Žigman (President of the Management Board of the Croatian Financial Services Supervisory Agency), Judita Cuculić Župa (Senior Adviser at the European Commission Representation in the Republic of Croatia), Petar Vlaić (President of the Association of Croatian Pension Funds Management Companies and Pension Insurance Companies) and representatives of the organizers.

Numerous foreign and domestic scientists and experts participated in the conference, and invited lectures were given by Axel Börsch-Supan, Director of the Munich Center for Economic Aging (MEA), Max Planck Institute for Social Law and Social Policy, and Monika Queisser, Head of Social Policy Unit in the OECD Directorate for Employment, Labor and Social Affairs.

The goal of the conference was to take stock of the current state of pension systems around the world and provide a state-of-the-art assessment of the need and room for future reforms in a world of profound demographic, labour market, political and technological changes.

New Press release
Published: October 15, 2020

In the new issue of Press Releases entitled Impact of the coronavirus on the life and work of European citizens, Predrag Bejaković analyses the new report by the European Foundation for the Improvement of Living and Working Conditions (Eurofound) based on an e-survey carried out in April and July 2020.

A Brief Guide to the National Budget Process
Published: September 28, 2020

The Institute of Public Finance has published A Brief Guide to the National Budget Process. The purpose is to simply and concisely present the very complex national budget process to new members of parliament as well as the media, citizens, etc. It shows how although the budget covers only a one-year period, the budget preparation, adoption, execution and reporting  last about two and a half years. The budget passes through several steps within each of these phases. A single cycle of the national budget process is shown using the 2021 Budget as example.   


Local budget transparency
On July 1, 2020 the Institute of Public Finance presented the results of the sixth annual research cycle of the budget transparency of all 576 Croatian local governments. 

To make the results more accessible and easier to read, the Institute published an interactive map that shows the status of each local government unit.


The upper child benefit threshold was increased by 40% in July 2018, but this change did not result in an expected increase in the number of beneficiaries and children receiving the benefit. In anticipation of the new change in the threshold, which could take effect in January 2020, Ivica Urban and Martina Pezer describe in the new Newsletter About Child benefit what child benefit is, how it is calculated, and try to discover possible reasons for the failure of the 2018 measure. One of them is inadequate information provided to potential beneficiaries, hence one of recommendations would be that all parents and guardians should check their eligibility for child benefit.

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