Transition and current account sustainability in post-transition European countries

Diplomski rad detaljno obrađuje tematiku tranzicijskog procesa i održivosti tekućeg računa platne bilance kroz perspektivu post-tranzicijskih europskih zemalja. Tranzicijski proces obilježio je povijest i utjecao na razvoj promatranih zemalja. Svaka od promatranih zemalja suočila se sa različitim, specifičnim izazovima stoga je potrebno čitateljima približiti cjelokupni proces. Platna bilanca upućuje kakvo je opće stanje gospodarstva zemlje i makroekonomskog razvoja. Europske post-tranzicijske zemlje prošle su različite procese tranzicije te je većina zemalja bilježila je deficit tekućeg računa platne bilance tijekom tranzicije. Međutim, zbog trendova poput globalizacije, tehnološkog razvoja, razvoja međunarodnog financijskog tržišta i rastuće konkurencije potrebno je analizirati današnje trendove i stanje tekućeg računa platne bilance nakon slojevitog tranzicijskog procesa.The Master's Thesis deals in great detail with the theme of the transitional process and the sustainability of the current account of the balance of payments as seen through the perspective of the post-transitional European countries. The transitional process has left its mark on the countries history and it has also affected the development of said countries. Each of the observed countries was faced with different and specific challenges of transition, therefore it is important to familiarize the reader with the entire process. The balance of payments shows the general state of the economy of the country and its macroeconomic development. the European post-transitional countries went through different transitional processes and most of the countries recorded a deficit of the current account of the balance of payments, during the transitional period. However, due to the trends of globalization, technological development, the development of the international financial market and the growth of competition; it is necessary to analyze present-day trends and the current account of the balance of payments after the stratified transitional process