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New Issue of Lider – Threats to GDP: Entrepreneurs, Turn to Exports, the State Will Not Save You from Slowdown!

I do not think this is something very unusual; it is probably a large order or some business that existed at this time last year that created this difference,’ recently easily dismissed all concerns about a potential slowdown in economic growth Prime Minister Andrej Plenković. Croatia has recorded four declines in industrial production in the past five months, with the 1.7 percent drop in March being completely unexpected, so the growing discomfort of analysts is not surprising, especially considering a whole range of unfavorable factors in the immediate and global environment. Except, of course, for the Croatian Prime Minister, who remains perfectly calm.

>>> Prime Minister: The decline in production may be related to the situation in Petrokemija or Uljanik

The rise in oil prices will most affect the transportation sector, while the expected rise in interest rates would hit construction the hardest. A stronger slowdown in demand at the EU level would simultaneously affect many sectors, but it can be assumed that it would hit the tourism sector more.

First of all, guided by still fresh experiences of the financial crash, but also by a truly rich history of market economy slowdowns, more and more economic experts are wondering whether a negative cycle might soon follow for the European, and thus highly dependent Croatian economy. If you are not Australia or Poland, which have not recorded a recession for about a quarter of a century, you probably need to dress warmly as soon as a somewhat colder wind blows, especially if you are a country like Croatia, whose economy dances to the tune of others.

Although cognitive dissonance directs thinking towards optimism, as no one who is running thinks about falling, the events of 2008 show that economic storms can come out of a clear sky. More precisely, what is perceived as a clear sky. Whether we like it or not, there are quite a few threats to the continuation of positive trends, both in the broader and narrower environment.

>>> Unexpected Decline in Industrial Production

What ten threats have the potential to darken the Croatian entrepreneurial sky the most, how Trump’s wrangling with China and the EU can spill over to Croatia, as well as ten saving solutions, find in the new issue of the printed or digital Lider.

Look for your copy of Lider at all Tisak and iNovine kiosks.