nach oben

Erschienen in:

2021 | OriginalPaper | Buchkapitel

10. Emergency Financial Mismanagement in Croatia During COVID-19 Crises

verfasst von : Robert Barić

Erschienen in: Macroeconomic Responses to the COVID-19 Pandemic

Verlag: Springer International Publishing

Einloggen

Aktivieren Sie unsere intelligente Suche, um passende Fachinhalte oder Patente zu finden.

search-config

KI-gestützte Suche

Aus

Abstract

The ongoing crisis caused by the COVID-19 global pandemics has serious economic repercussions for the Republic of Croatia. Economic consequences of the current crisis are indicating the need for developing a strategic approach to emergency financial management. The response of Croatian authorities in current crisis showed a focus on short-term financial assistance instead of creating and implementing a comprehensive long-term recovery strategy. Inefficient emergency financial management in Croatia is a result of non-systematic development caused by combination of different factors analyzed in this chapter.

Sie haben noch keine Lizenz? Dann Informieren Sie sich jetzt über unsere Produkte:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

über 102.000 Bücher
über 537 Zeitschriften

aus folgenden Fachgebieten:

Automobil + Motoren
Bauwesen + Immobilien
Business IT + Informatik
Elektrotechnik + Elektronik
Energie + Nachhaltigkeit
Finance + Banking
Management + Führung
Marketing + Vertrieb
Maschinenbau + Werkstoffe
Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Jetzt informieren

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

über 67.000 Bücher
über 340 Zeitschriften

aus folgenden Fachgebieten:

Bauwesen + Immobilien
Business IT + Informatik
Finance + Banking
Management + Führung
Marketing + Vertrieb
Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Jetzt informieren

Vorheriges Kapitel Monetary and Fiscal Policy Response During COVID-19 Crisis in Bosnia and Herzegovina: Constraints and Potentials

Nächstes Kapitel Modern Monetary Theory and COVID-19 Crisis

Baas, Stephan, Ramasamy, Selvaraju, de Prick, Jennie Dey, and Battista, Frederica. 2008. “Disaster risk management systems analysis: A guide book”. Food and Agriculture Organization of the United Nations. Rome.

Barić, Robert. 2020. Hrvatski paradoks: improvizacija umjesto organiziranog sustava. Politička misao. 17 April. Zagreb. http://politickamisao.com/hrvatski-paradoks-improvizacija-umjesto-organiziranog-sustava/. Accesed on 25 December 2020.

Bertelsmann Stiftung. 2020. BTI 2020 Country Report—Croatia. Gütersloh.

Blašković, Ana. 2021. Nitko još ne zna koliko će snažno potres ‘urušiti’ javne financije: “Svjesni smo rizika”. Poslovni dnevnik. 1 February. https://www.poslovni.hr/hrvatska/nitko-jos-ne-zna-koliko-ce-snazno-potres-urusiti-javne-financije-4270397. Accesed on 10 January 2021.

Bobovec, Borka, and Mandić Ružica. 2014. Housing Stock Reconstruction and Remediation of Consequences of the Disastrous Flood in the Territory of Vukovar-Srijem County. Polytechnic & Design 2 (2): 248–254.

Chandra Jha, P. 2015. Theory of Fiscal Federalism: An Analysis. Journal of Social and Economic Development 17 (2): 241–259.CrossRef

Croatian National Bank. 2020. Macroeconomic Developments and Outlook V(9). December.

Egan, Matt. 2020. “Trump regulators leave a warning for the Biden team”. CNN. December 7. https://edition.cnn.com/2020/12/07/investing/wall-street-biden-trump-regulation-fsoc/index.html. Accessed on 25 December 2020.

Elliot, Dominic. 2014. Disaster and Crisis Management. In The Handbook of Security, ed. Martin Gill, 813–836. New York: Palgrave Macmillan.CrossRef

Etkin, David. 2016. “Disaster Theory An Interdisciplinary Approach to Concepts and Causes”. Elsevier.

European Commission. 2020. 2021 European Semester: Alert mechanism report. Brussels. 18.11.2020. https://ec.europa.eu/info/publications/2021-european-semester-alert-mechanism-report_en. Accessed on 25 December 2020.

European Commission. 2021. Policy Measures Taken Against the Spread and Impact of the Corona Virus—14 January 2021. Brussels: Directorate General—Economic and Financial Affairs.

G30. 2018. Managing the Next Financial Crisis: An Assessment of Emergency Arrangements in the Major Economies. The Group of Thirty. Washington, DC.

Gatarić, Ljubica. 2017. Napadi na HNB poklapali su se s nadzorom banaka bliskih skupinama povezanih s Agrokorom. Večernji list. 4 November. https://www.vecernji.hr/premium/napadi-na-hnb-poklapali-su-se-s-nadzorom-banaka-bliskih-skupinama-povezanih-s-agrokorom-1205535. Accesed on 10 January 2021.

Griglio, Elena. 2020. Parliamentary Oversight Under the Covid-19 Emergency: Striving Against Executive Dominance. The Theory and Practice of Legislation 8 (1–2): 49–70.CrossRef

HINA. 2020. Analysts Say Croatia’s GDP Dropped by About 10% in Q3 2020. 22 November. https://www.croatiaweek.com/croatias-gdp-drops-by-around-10-in-q3-2020-analysts-say/. Accessed on 25 December 2020.

House of Commons. 2020. Whole of Government Response to COVID-19, Thirteenth Report of Session 2019–21. House of Commons Public Accounts Committee HC 404. Published on 23 July 2020. London. https://committees.parliament.uk/committee/127/public-accounts-committee/content/136854/public-accounts-committee-the-uk-government-response-to-the-covid19-pandemic/. Accessed on 10 January 2021.

Hr.turizam. 2020. UGP: The New Economic Measures Are Not Adequate and Do Not Help Entrepreneurs in the Long Run. 9 December. https://hrturizam.hr/en/ugp-nove-gospodarske-mjere-nisu-adekvatne-i-ne-pomazu-poduzetnicima-dugorocno/. Accesed on 10 January 2021.

https://www.imf.org/≃/media/Files/Publications/covid19-special-notes/special-series-on-covid19-preparing-public-financial-management-systems-for-emergency-response.ashx. Accessed on 28 December 2020.

https://www.imf.org/-/media/Files/Publications/covid19-special-notes/enspecial-series-on-covid19central-bank-exceptional-measures-in-the-covid19-crisis-legal-design-issu.ashx. Accessed on 4 February 2021.

IMF. 2019. Republic of Croatia: Staff Concluding Statement of the 2019 Article IV Mission. December 16. https://www.imf.org/en/News/Articles/2019/12/16/Republic-of-Croatia-Staff-Concluding-Statement-of-the-2019-Article-IV-Mission. Accessed on 25 December 2020.

IMF. 2020. Preparing Public Financial Management Systems for Emergency Response Challenges. Special Series on COVID-19. April 6.

Impact Forecasting. 2019. Weather, Climate & Catastrophe Insight—2019 Annual Report. Chicago. https://www.aon.com/global-weather-catastrophe-natural-disasters-costs-climate-change-2019-annual-report/index.html. Accessed on 28 December 2020.

Impact Forecasting. 2020. Weather, Climate & Catastrophe Insight—2020 Annual Report. Chicago. https://www.aon.com/global-weather-catastrophe-natural-disasters-costs-climate-change-2020-annual-report/index.html?utm_source=ceros&utm_medium=2019&utm_campaign=natcat21. Accessed on 28 December 2020.

IMF. 2021. Central Bank Exceptional Measures in the COVID-19 Crisis. Special Series on COVID-19. February 3.

Kasdan, David Oliver. 2015. Emergency Management 2.0: This Time, It’s Financial. Urban Affairs Review 52 (5): 1–19.

Kraljić, Tihana. 2016. Horizontal and Vertical Consistency of Strategical Planning—Responsibility of Quadruple Helix Stakeholders in Effectively Managing Development in the Republic of Croatia. PhD diss., Josip Juraj Strossmayer University of Osijek.

Koprić, Ivan. 2018. Public Administration Characteristics and Performance in EU28: Croatia. European Commission, Directorate-General for Employment, Social Affairs and Inclusion. Publications Office of the European Union. Luxembourg.

Koprić, Ivan. 2019. Public Administration Reform in Croatia: Slow Modernization During Europeanization of Resilient Bureaucracy. Public Administration Issue Special Issue I:7–26.

Krnič, Branko, and Dubravko Radošević. 2014. Macroeconomic Imbalances in Croatian Economy: Duality Between Financial and Real Sector. Ekonomski Pregled 65 (1): 3–34.

OECD. 2015. Disaster Risk Financing: A global Survey of Practices and Challenges. Paris: OECD Publishing.CrossRef

OECD. 2019. OECD Investment Policy Review of Croatia: An Overview Assessment. Paris. www.oecd.org/investment/OECD-Investment-Policy-Review-of-Croatia-Overview-Assessment.pdf. Accessed on 28 December 2020.

Orsini, Kristian, and Ostojić, Vukašin. 2018. Croatia’s Tourism Industry: Beyond the Sun and Sea. European Economy Economic Brief 036. European Commission, Directorate-General for Economic and Financial Affairs. Luxembourg.

Orszag, Peter R., Robert E. Rubin, , and Joseph E. Stiglitz. 2021. 21-2 Fiscal Resiliency in a Deeply Uncertain World: The Role of Semiautonomous Discretion. Policy Brief. Peterson Institute for International Economics. Washington, DC.

Pak, A., O.A. Adegboye, A.I. Adekunle, K.M. Rahman, E.S. McBryde, and D.P. Eisen. 2020. “Economic Consequences of the COVID-19 Outbreak: The Need for Epidemic Preparedness”. Frontiers in Public Health, Vol. 8. Article 241: 1–4.

Peters, Guy, and Jon Pierre. 2004. Politicization of the civil service: concepts, causes, consequences. In Politicisation of the Civil Service: The Quest for Control, ed. B.G. Peters and J. Pierre, 1–13. London: Routledge.

Radošević, Dubravko, and Vladimir Cvijanović (eds.). 2015. Financialisation and Financial Crisis in South-Eastern European Countries. Frankfurt am Main: Peter Lang GmbH.

Singer, Slavica, and Mirela Alpeza, eds. 2019. “Small and Medium Enterprises Report Croatia – 2019”. CEPOR – SMEs and Entrepreneurship Policy Center. Zagreb.

The Federal Emergency Management Agency. 2010. The Federal Emergency Management Agency Publication 1. Washington, DC.

The Republic of Croatia The National Security Strategy. 2020. Zagreb. https://www.uvns.hr/UserDocsImages/dokumenti/nacionalna-sigurnost/THE%20REPUBLIC%20OF%20CROATIA%20NATIONAL%20SECURITY%20STRATEGY.pdf. Accessed on 10 January 2021.

World Health Organization. 2017. A Strategic Framework for Emergency Preparedness. Geneva.

Titel: Emergency Financial Mismanagement in Croatia During COVID-19 Crises
verfasst von: Robert Barić
Verlag: Springer International Publishing
Buch: Macroeconomic Responses to the COVID-19 Pandemic
Print ISBN: 978-3-030-75443-3

Electronic ISBN: 978-3-030-75444-0

Copyright-Jahr: 2021
DOI: https://doi.org/10.1007/978-3-030-75444-0_10