engleski

Policy-Making at the European Periphery The Case of Croatia

The central puzzle of Croatia’s post-communist transition has been the extent of economic and institutional divergence with new EU member states bound by common historical legacy and imperatives of institutional transformation following a collapse of the old institutional order. In this chapter we identify two key explanations that stand behind this evolution. First, we claim that the political economy of Croatia’s transition represents the case of partial reform equilibrium where winners represent the biggest threat to successful long-term transition. Second, comparative political economy analysis of five key areas (product market competition, collective bargaining, financial sector, social protection and education) shows that Croatia developed a typical variant of capitalism, which is in its attributes closer to South European capitalisms than to capitalisms prevalent in Central and Eastern Europe (CEE-10) EU member states.

Croatia ; policy-making ; clientelism ; EU membership ; governance ; monetary policy ; banking regulation ; Europeanisation ; Croatian politics ; lobbying ; interest groups ; Croatian capitalism ; Croatian GDP ; Croatian National Bank ; Croatian health system ; Croatian pensions system ; actors ; policy goals ; policy design ; captured state

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