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An Overview of Social Protection Benefits in Croatia
Published: February 15, 2017

The latest Press Release titled An Overview of Social Protection Benefits in Croatia features a report by Martina Pezer and Ivica Urban on a database published on the Institute of Public Finance's website on January 25, 2017. The purpose of publishing the Benefits Overview is to emphasize the importance of regular, transparent and comprehensive reporting for a successful and effective social policy at the central and lower levels of government.

New issue of Financial Theory and Practice
Published: December 13, 2016

In the new issue of Financial Theory and Practice you can read the article In search of the egalitarian syndrome: cultural inertia in Croatia? written by Ivan Burić and Aleksandar Štulhofer which analyses the egalitarian syndrome, its existence and connection with indicators of development of the county. Authors point that size of residence, education and professional status, rather than age of participants, are significant predictors of acceptance value system "radical egalitarianism". The article was judged the best paper in the regular category in the annual competition for the Prof. Dr. Marijan Hanžeković Prize for 2016. Mateo Žokalj in the article The impact of population aging on public finance in the European Union deals with the influence of population aging on certain categories of state budgets, as well as on the overall budget balance. Analyzing the fiscal effects of demographic changes using panel data of 25 EU countries in the period from 1995 to 2014, author indicates significant impacts of demographic aging on spending on pensions and social protection. The article was judged the best paper in the student category in the annual competition for the Prof. Dr. Marijan Hanžeković Prize for 2016. Yaniv Azoulay, Andrey Kudryavtsev and Shosh Shahrabani in the article Accumulating approach to the life-cycle pension model: practical advantages examine how to enhance the practical advantages of the life-cycle pension model. Authors suggest an "accumulating" approach, according to which, the member's previously accumulated wealth continues to be invested in the same fund, while his new regular pension contributions start being directed to another (less risky) fund. Sonja Engeli Pippin and Mehmet Serkan Tosun in the article Tax harmonization in the European Union and the eurozone: a multilateral analysis of tax systems compare tax systems of EU member states and those countries in the eurozone with other OECD countries measuring countries’ overall tax burden, income tax reliance, and fiscal decentralization as well as some “non-rate” variables related to tax administration and enforcement. Predrag Bejaković reviews the book Limits of a Post-Soviet State: How Informality Replaces, Renegotiates, and Reshapes Governance in Contemporary Ukraine (Abel Polese).


Local budget transparency
On 5th July 2016 the Institute of Public Finance presented the budget transparency research results for all 576 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 new Newsletter entitled Budget outturns of Croatian municipalities, cities and counties for 2015, Katarina Ott, Mihaela Bronić and Branko Stanić present the basic data on the budget outturns of all Croatian local government units for 2015. 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 2015 and make relevant comparisons with the situation in 2014.

In the new Fiscus entitled The Gas Sector in the Republic of Croatia - Liberalisation and Financial Operations, Anto Bajo, Marko Primorac and Dijana Jurinec have analysed business operations of 100 companies in the gas sector and emphasized significant changes in the market structure.

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