OECD Investment Policy Reviews: Croatia 2019

image of OECD Investment Policy Reviews: Croatia 2019

This review was prepared in response to Croatia's 2015 request to adhere to the Declaration on International Investment and Multinational Enterprises. It assesses the climate for domestic and foreign investment in Croatia, its ability to comply with the principles of openness, transparency and non-discrimination and its policy convergence with the OECD Declaration, including responsible business conduct practices, and discusses the challenges and opportunities faced by the government of Croatia in its reform efforts. Capitalising on the OECD Policy Framework for Investment, this review includes chapters on foreign investment trends and performance, foreign investor entry and operations, the legal and institutional framework for investment protection, investment promotion and facilitation, public governance, and policies to promote and enable responsible business conduct.



Public governance

This chapter first provides an overview of recent advances and remaining challenges relating to regulatory quality, drawing on the recent OECD Regulatory Review of Croatia. In particular, it considers how Croatian authorities review existing regulation and introduce new ones. It also provides an overview of the situation regarding corruption in Croatia: perceptions, criminal and preventive measures in place, and outstanding issues. In particular it analyses the measures to enhance public integrity that have proven effective and successful. The chapter also explores what the government, business associations and individual companies do in order to strengthen business integrity, with a particular focus on anti-corruption measures.


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