Croatia
Refine by sector
Latest articles in Croatia
Croatia: 2020 – A year that lasted a decade
There are many words history books will use to describe the events which occurred in 2020, but the one that seems to be the most popular is – unprecedented. As visible from the graph, CROBEX recorded a sharp decrease of 13.74%, ending the year at 1,7...


Growth in the Balkans: from zero to hero again?
Placed in what is traditionally perceived as a rather volatile region -a characteristic frequently attributable to the macroeconomic context as well- the four Balkan economies that we review here have navigated through the 2020 in an admirably resili...


EM Sovereigns: Debt sustainability remains a concern but will only become acute for some
Already in 2020, we have seen a large number of sovereign defaults, notably in Argentina, Belize, Ecuador, Lebanon, Suriname and Zambia. Meanwhile, Bahrain (+9ppt to 137%), Brazil (+2ppt to 104%) and South Africa (+6ppt to 85%) see more modest increa...


EM Credit Outlook: Risky Business
It’s a sit up and pay attention moment when emerging markets run a collective fiscal deficit of some 10% of GDP. The year ahead should see the US dollar remain on a weakening trend, a circumstance that cushions emerging market economies in many ways....


EM Credit Outlook: Risky Business
It’s a sit up and pay attention moment when emerging markets run a collective fiscal deficit of some 10% of GDP. We explore further and assess the risks. It is also a year in which there will be some upward pressure on core rates, but not too much. T...


IMF World Economic Outlook: Looking beyond the pandemic for emerging markets
In its latest World Economic Outlook, the IMF predicts the global economy to experience a 4.4% contraction in 2020 (+0.8ppt vs its June estimates) and a partial rebound to 5.2% growth in 2021 (-0.2ppt). Asia (-1.7% in 2020; +8.0% in 2021) faces a mor...

