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Sound reasons not to invest in Croatia yet 
Croatia is widely heralded as a success story among transition countries in south eastern Europe. It certainly has the potential for being a successful and stabilizing force in the region. But it is arguably not one yet.  Even the most cursory look at objective data and reliable sources demonstrates where Croatia actually stands. 
The is the first contribution in a series of insightful op-ed pieces focusing on Croatia's economic outlook and investment climate.
By Joseph Molitorisz, Ph.D., Senior Fellow, Ethics and Culture, Adriatic Institute for Public Policy and Robert Moraal, Senior Fellow, Economics and Investments, Adriatic Institute for Public Policy




Leadership and Executive Advisory Board 

Honorable Maurice McTigue, QSO

Chairman, Adriatic Institute's Executive Advisory Board

Vice President, Director of the Government Accountability Project and Distinguished Visiting Scholar, Mercatus Center, George Mason University, Advisor to US Administrations, the US Congress and US State Governors. The Honorable McTigue played a vital role in New Zealand's reform government holding seven different ministerial portfolios during his nine years in the New Zealand parliament. As a senior cabinet minister, McTigue was one of the architects of the "New Zealand miracle," which dramatically reformed the country's government and economy by implementing market-driven, pro-growth policies.


Honorable Edwin Meese III

Honorary Chairman, Adriatic Institute's Executive Advisory Board

Distinguished Visiting Fellow at The Hoover Institution at Stanford University, California and Ronald Reagan Distinguished Fellow Emeritus and Former Chairman of the Center for Legal and Judicial Studies at The Heritage Foundation. Honorable Meese served as the 75th Attorney General of the United States


Helen Disney, Chief Executive, The Stockholm Network, UK


Goran Gazivoda, Former President, Banco Popolare, Zagreb, Croatia


Dr. Steve Hanke, Professor of Applied Economics at Johns Hopkins University and Regular Columnist at Forbes Magazine, USA 


Dr. Andrei Illarionov, Former Chief Economic Advisor to President Vladimir Putin, Russia and Former G8 representative, Washington, DC, USA 


Michael Klowden, President, Milken Institute, California, USA 


Mart Laar, Former Prime Minister, Estonia


Mara Letica, Executive Vice President and General Counsel, Letica Corp., Michigan, USA


Anthony Maglica, President, MAG Instrument, Inc, Los Angeles, California, USA


Monica Macovei, Member of the European Parliament and Former Minister of Justice, Romania 


Ivan Miklos, Former Finance Minister, Slovakia


David Nott, President, Reason Foundation, Los Angeles, California, USA

Dr. Victoria Curzon-Price, Former Professor, Department of Economics, University of Geneva and Former President of the Mont Pelerin Society, Switzerland 

Dr. Alvin Rabushka, Senior Fellow, Hoover Institution, Stanford University, Palo Alto, California, USA 


Lawrence Reed, President,  Foundation for Economic Education, New York and President Emeritus, Mackinac Center for Public Policy, Michigan, USA