Globalization and strengthening of integration processes have, among other things, also influenced some solutions relating to monetary sovereignty of particular countries. A great number of transition countries as well as some other underdeveloped countries are facing both inefficiency in their...

Taking as an example recent Hungarian currency, it is concluded that the functions of coins and paper money are related to their daily use (trade and payment), but they can have some other dimensions and functions if proper solutions are found. In this way it is argued that these money forms...

The author starts from the assumption that Croatia will access the European Union. Following assumption, he analyzes the possible scenarios of Croatian strategy based on the achievements the country’ s monetary policy, on the degree of acceptance of the convergence criteria and on...

Taking into account the global trends, the requirements posed to this system, as well as the growing openness of the Croatian market, the reform of the Croatian payment system has become a necessity. Some procedures adopted in the past are now an obstacle to these activities. One cannot speak of...

Commemorative coins made for circulation, in addition to their numismatic function, may affect monetary stability, if some prerequisites are fulfilled and certain measures of monetary policy implemented. Those who issue such commemorative coins may combine these functions to bring about some...

The paper discusses the reasons for the low development level of Eastern Croatia, as well as possible ways of overcoming this situation. The revenues of local and regional self-government are frequently insufficient to finance development projects. Different characteristics of these fiscalities,...

Financing of public needs on state and local government levels is impossible to ensure, among other things, without corresponding information system. It is actually the information system that is supposed to enable promptness and accuracy during the registering of all resources of the public...

In the Republic of Croatia monetary sovereignty was established in several stages that reflected changes in and the growth of independent Croatian territory. The rebellion of part of the Croatian citizens of Serb nationality, the aggression of the then Yugoslavia and the occupation of some...

In the late 1980's and early 1990's, farmer socialist countries in Europe were exposed to democratic processes resulting in the dissolution of a number of complex states and the creation of new independent states, Unlike the USSR and Czechoslovakia, where the process of dissolution went...

The paper discusses the phenomenon of modern convertibility in paper currency system. Unlike the period of metal (mint) value and traditional convertibility, convertibility today has different aspects and dimensions. Furthermore, it is regulated by the International Monetary Fund, but it depends...