Skip to main content Accessibility help
×
Hostname: page-component-76fb5796d-22dnz Total loading time: 0 Render date: 2024-04-27T10:01:31.372Z Has data issue: false hasContentIssue false

7 - Preparation and Implementation of a Credible Stabilization Program in the Republic of Croatia

Published online by Cambridge University Press:  09 October 2009

Mario I. Blejer
Affiliation:
International Monetary Fund Institute, Washington DC
Marko Skreb
Affiliation:
National Bank of Croatia
Get access

Summary

POLITICAL FRAMEWORK

Croatia fought for and achieved its political independence in the early nineties, at a time of major changes in Eastern Europe. The process evolving in Croatia has since its beginning been democratically oriented and was triggered by democratic elections. Two principles formed the basis of our national credo: market economy and high democratic social standards.

However, the Yugoslav leadership of that period, under dominating Serbian influence, decided to wage a war against Croatia – exploiting all resources of the former state, especially the military. Croatia found itself in the position of facing radical sociopolitical structural changes while at the same time being exposed to the brutal aggression triggered by Serbian ambitions.

With the exception of a few individuals and states, the world did not understand our situation, so that Croatia faced dramatic moments for its existence. We were exposed to international pressure after being unjustly labeled as a state that does not respect human rights and freedom of the press. At that time, however, Croatia experienced the massive political support of its population in forming the state and implementing a program for independence and international affirmation of state interest.

In spite of adverse circumstances, Croatia continues to abide by the ideals of a democratic society, a state of law, and a market economy. Even in the most critical moments of the war, Croatia persevered in the implementation of its privatization and reconstruction program.

Type
Chapter
Information
Publisher: Cambridge University Press
Print publication year: 1997

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Save book to Kindle

To save this book to your Kindle, first ensure coreplatform@cambridge.org is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.

Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

Available formats
×

Save book to Dropbox

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.

Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

Available formats
×