PANDEMIJA COVID-19: UTJECAJ NA GOSPODARSTVO I MJERE ZA UBLAŽAVANJE KRIZE U REPUBLICI HRVATSKOJ
COVID-19 PANDEMIC: IMPACT ON THE ECONOMY AND CRISIS MITIGATION MEASURES IN THE REPUBLIC OF CROATIA

Summary/Abstract: The COVID-19 pandemic, declared in March 2020, has a huge impact on overall relations in human society. In order to prevent the spread of the disease, most countries have prescribed restrictions on social contacts and a number of measures that, depending on the degree of severity and method of application, ultimately result in the so-called lockdown of the society. The degree of the lockdown affects the reduction in the number of patients and the death rate due to COVID-19, and ensures the functioning of the health system. At the same time, these measures limit the possibility of economic activities to be performed in “usual” way and negatively affect a number of economic indicators. Some economic sectors have been hit strongly by the pandemic, while others are growing and developing despite everything. Therefore, the paper gives a brief overview of the impact of the pandemic on certain economic variables at the international and national level, such as gross domestic product, number of unemployed, international trade, trade and tourism consumption, etc.In response to the current situation, states are adopting a number of measures that should mitigate negative economic trends. Therefore, the paper further provides an overview of economic measures applied in the Republic of Croatiain order to mitigate the negative economic consequences on the Croatian economy due to the COVID-19 pandemic.

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