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ŠUMARSKI LIST 3-4/2007 str. 52     <-- 52 -->        PDF

R. Sabadi: UČINCI HRVATSKOG ŠUMARSTVA I PRERADE DRVA NA STANJE BILANCE PLAĆANJA ... Šumarski list br. 3–4, CXXXI (2007), 137-154
The negative balance of payments with foreeign countries was the main
reason of the lack of current capital, causing the operative performances difficult,
since the sources of required ready cash was lacking. It was esspecially
the case, as well as in other industries’ branches, in the economy of forest
industries group.


The disintegration of former state and establishment of Croatia as independent
and sovereign state hasn’t changed, regarding difficulties, except that
structure of circulation of the capital has been completely changed.


The present paper shows the development of exports and imports, and
based on earlier research performed by the author and larger number of recognized
economists, presents cautiously towards the future as well as the
respective situation of Croatia if it joins the European Union (EU). Taking
into account the national resources, it seems that specialization, for which the
author speaks in favour, should encompass one part of the national economic
body based on absolute comparative advantages, the remaining part should
be encouraged in its development, based on comparative advantages, into
one rationalised and dynamical economic system.


The research up today and acquired knowledge seems to orients the future
efforts towards the development of agriculture (due to favourable climate
which stimulate hihg harvest of clorophile assimilation, relative scarce population
dispersion, high percentage of rural-agricultural population, and large
area of arable land with favourable hydrological situation), then in forestry
and forest industries, for which the natural high valued forest stands, covering
almost one third of land surface, are available. The third aim of economic
specialization should be found in the integral tourism (transport, tourist
catering, etc.) the remaining part specialized and stimulated in its development
based on the principle of maximal relative economic advantage. It is
expected that such an orientation coulld ensure the high standard of living for
its population, regardless whether Croatia joins the EU or not. In later case
the joining to the NATO becomes questionable as well, since huge amounts of
money for the armament should be spared for financing of above proposed
programs. Politically, the Croatian status of neutral, independent state seems
the best.


Key words: Foreign timber trade, and economic orientation.