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A commentary on the Commission’s European Semester Winter Package
Published: March 19, 2018

In the latest Press Release, Katarina Ott writes about the annual analysis of the economic and social situation in the country, presented on March 13th in Zagreb by the European Commission representation in Croatia. According to the analysis, Croatia is experiencing excessive economic imbalances and has made limited or no progress when it comes to the implementation of European Commission country-specific recommendations.

Budget outturns of Croatian municipalities, cities and counties for 2016
Published: March 14, 2018

In the new Newsletter entitled Budget outturns of Croatian municipalities, cities and counties for 2016, Katarina Ott, Mihaela Bronić and Branko Stanić present the basic data on the budget outturns of all Croatian local government units in 2016. This analysis and the tables provided in the Excel format, allow all interested parties to get acquainted with the fiscal condition of their local government units in 2016 and make relevant comparisons with the situation in 2015 i 2014.

New issue of Public Sector Economics
Published: March 12, 2018

In the new issue of Public Sector Economics, you can read the article by Mirna Dumičić Effectiveness of macroprudential policies in Central and Eastern European countries, which provides an assessment of the effectiveness of macroprudential policies in CEE countries in mitigating financial stability risks, associated with excessive credit growth before the global financial crisis. Abdoulaye Ouedraogo, Mehmet S. Tosun and Jingjing Yang in the article Fertility and population policy examine the relationship between government policies towards fertility and the change in the total fertility rate using panel data on 133 countries over the 1976-2013 period. Pavel A. Yakovlev and Christina M. Orr-Magulick in the article On the road again: traffic fatalities and auto insurance minimums, using a longitudinal panel of American states from 1982 to 2006, claim that mandated auto insurance minimums may “over-insure” some drivers, lowering their incentives to drive carefully. Gordan Struić and Vjekoslav Bratić in the article Public participation in the budgetary process in the Republic of Croatia research the importance and economic effects of public participation in the Croatian budgetary process, identify legal instruments of that participation, and whether they can achieve goals of the IMF’s Fiscal Transparency Code.


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, International Budget Partnership 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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