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New Press releases
Published: September 21, 2017

On September 21, 2017 Institute of Public Finance published three Press Releases.

In no. 93 Anto Bajo and Jakša Puljiz comment on the Draft Proposal for an Act on the Strategic Development Planning and Development Management System, prepared by the Ministry of Regional Development and EU Funds and submitted for public hearing until August 5, 2017.

In no. 94 Katarina Ott comments on the Croatian Economic and Fiscal Policy Guidelines 2018-2020, adopted by Croatian Government on July 27, 2017, and puts them in the context of the overall fiscal process and the guidelines from previous years.

In no. 95 Katarina Ott comments on EU and Croatia’s public finance sustainability based on the European Commission’s newest fiscal assessment.

New issue of Public Sector Economics
Published: September 15, 2017

In the new issue of Public Sector Economics, you can read a guest editor’s Introduction to the special issue on Social Protection Policies and Microsimulation by Ivica Urban. Venelin Boshnakov in the article How much is the bill? Simulating selected proposals for income policy adjustments during the 2017 Bulgarian parliamentary election campaigns discusses the political parties’ proposals in the recently held parliamentary elections in Bulgaria, and calculates their eventual budget impact. Nuria Badenes-Plá and José María Buenaventura-Zabala in the article The Spanish income tax reform of 2015: analysis of the effects on poverty and redistribution using microsimulation tools assess the impact of the 2015 personal income tax reform on income inequality and poverty in Spain. Teo Matković and Dinka Caha in the article Patterns of welfare-to-employment transitions of Croatian Guaranteed Minimum Benefit recipients: a preliminary study study the transitions of Croatian social welfare recipients into employment, estimating the roles of financial incentives, work-related capabilities and engagement in household work. In the article Political determinants of social expenditures in Greece: an empirical analysis Ebru Canikalp and Ilter Unlukaplan reveal the relationship between political structure and social expenditures in Greece. Predrag Bejaković reviews the book Occupational change and wage inequality: European Jobs Monitor 2017 by Enrique Fernández-Macías, John Hurley and José María Arranz-Muñoz.


Local budget transparency
On 4th July 2017 the Institute of Public Finance presented the results of the fourth cycle of budget transparency research in Croatian local government units (counties, cities and municipalities).

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.

In the Newsletter entitled Budget transparency in Croatian local government units - employees’ views, Katarina Ott and Mihaela Bronić present a survey conducted among employees in Croatian local government units  which may help in identifying the factors that promote (or hinder) local budget transparency. Results of this survey showed that the local government units were generally more satisfied with their levels of transparency than they should be, given the actual results.

Public Sector Economics Conference
The Institute of Public Finance and Friedrich Ebert Stiftung are organizing a research and policy conference Public Sector Economics 2017 – Public investment: catalyst for sustainable growth. The conference will cover a broad range of topics including, but not limited to, conditions under which raising public investment can sustainably lift growth, and the associated implications for public finances and debt.  Detailed information, is available at the conference web site.

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