Painful peace

The Croatian economy is ready to resume its post-communist economic resurgence which had been going on only to be rudely interrupted by the civil war that tore Yugoslavia into several separate countries. With the war over, the Croatian government will be able to set its economy in order. Tourism and foreign investments are expected once more to become major sources of income. Monetary policies designed to control inflation have actually already been set in place.
In the aftermath of war, Croatia is faced with the problem of how to boost living standards and slim down the overblown banking sector The end of the war in [...]