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.

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.

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.