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Decentralised funding of homes for the elderly and infirm in Croatia
Published: February 20, 2018

The latest Press Release titled Decentralised funding of homes for the elderly and infirm in Croatia presents comments by Marijana Bađun on the Decision on the Minimum Financial Standards, Criteria and Benchmarks for Decentralised Funding of Homes for the Elderly and Infirm in 2018, published on January 19. According to the Decision, counties and the City of Zagreb are required to allocate a total of HRK 164.5m from their budgets for bridging the homes’ revenue-expenditure gaps.

About national budget transparency
Published: February 9, 2018

In the Press Release, titled National budget transparency: public access to budget information remains limited despite slight improvement, Mihaela Bronić and Josip Franić analyse the results of the 2017 Open Budget Index, the only independent and internationally comparative indicator used for the periodic measuring of the central government budget openness (transparency).

Croatian wind power market
Published: February 6, 2018

Anto Bajo, Zvonimir Ovanin, Marko Primorac and Hrvoje Šimović in the new Fiscus, entitled Croatian wind power market, analyse the wind power generation market and assess the financial position of companies engaged in this activity. Bearing in mind the frequent electricity shortages in Croatia, the question arises as to why the government does not further liberalize this sector and does not open it for new market participants, as well as why the state-owned enterprises HEP does not engage in this attractive business.

Financial performance of state-owned enterprises
Published: February 6, 2018

Anto Bajo, Lana Zuber and Marko Primorac in Fiscus, entitled Financial performance of state-owned enterprises, analyse the financial operations of enterprises from the government’s portfolio. The authors point to the problem of the existence of a large number of state-owned enterprises scattered across all sectors of the economy, whose contribution to budget revenues is inadequate due to poor financial performance.


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.

Conference announcement
The Institute of Public Finance and the Friedrich Ebert Stiftung are organizing a research and policy conference Public Sector Economics 2018 – Fiscal Openness: Transparency, Participation and Accountability in Fiscal Policies on October 26, 2018 in Zagreb, Croatia. We invite submissions of theoretical, empirical and policy papers on these and related topics. Detailed information is available at the conference web site.

Economics of ageing
Public Sector Economics journal prepares a special issue dedicated to the economics of ageing. We welcome theoretical, empirical and policy-oriented contributions analysing the interaction between demographic change and the economy, at both macroeconomic and microeconomic levels. Manuscript deadline is May 15, 2018. All other detailed information is available at the call for papers.

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