Politicka i moralna ekonomija u prvom desetljecu tranzicije u Hrvatskoj
In: Politicka misao, Volume 39, Issue 1, p. 3-34
Using the analytical model & categories of the American radical political economy as the starting point, the author analyzes the dynamics of economic changes in Croatia in the 1990s. Particularly significant for understanding the dynamics is a dimension that the author, in line with classical political economy, calls the "moral economy of transition." The basic institutional & social structure of accumulation in the Croatian economy of the 1990s was marked by state populism, clientelism, & cronyism -- the result of the HDZ's model of "national capitalism," ie, a specific collusion of economic policy & privatization. That model failed to address the major problems of development or to secure a satisfactory rate of economic growth. That is why the political-economic balance of Croatia's first transitional decade is negative. The author concludes that the second decade will require a new political-economic model, one that will overcome the challenges facing the Croatian society: economic development, increased productivity, smaller government, reconciling the imperative of accumulation & democratic legitimacy, & restoration of moral economy & trust. 4 Tables, 83 References. Adapted from the source document.