Croatia is a country in southeastern Europe bordering the Adriatic Sea, between Bosnia, Herzegovina and Slovenia. In 1991, Croatia declared its independence from Yugoslavia. They have since joined NATO (2009) and the EU (2013), showing that they are motivated to improve the country to more universally accepted standards. With a population of 4.7 million, they have relatively modern ideas when it comes to human rights and basic civil liberties, as defined by their constitution. They accepted the idea of ​​a comprehensive protection of human rights which points towards a progressive society moving towards greater freedoms and success. Current human rights issues include moves toward social protection such as social security, stronger property protection, and freedom of expression. They have moderate levels of corruption, which can increase the costs of doing business and can pose an ethical challenge. However, the relatively high growth potential and opportunities for first-mover advantage from an international perspective could be very fruitful. External investment has been minimal in Croatia due to its youth and potentially corruption and cultural norms. Croatia also experiences conflicts arising from independence conflicts. The Danube border with Serbia and Bosnia and Herzegovina are still controversial, although peaceful. Due to corruption and the potential for latent unrest, the capacity for growth is significant, but the risks are too high in the current state. Say no to plagiarism. Get a tailor-made essay on “Why violent video games should not be banned”?Get an original essay From an economic point of view, although currently risky, there is growing investment interest in Croatia. The government's growing interest in the privatization of non-strategic assets is driving a shift towards a freer market economy. They are one of the wealthiest republics in the former Yugoslavia and did not benefit from early investment in central and eastern Europe after the fall of the Berlin Wall. This could put them in a profitable position for investment. By 2019 or early 2020, Croatia plans to become a regional energy hub by taking liquefied natural gas and regasifying it, then wants to redistribute it throughout Southeast Europe. Their GDP between 2000 and 2007 improved by between 4 and 6% thanks to tourism and credit-induced consumer spending, as well as monetary inflation remaining stable. During the 2008 recession, Croatian growth stagnated, and sometimes even negative. However, in 2014 they returned to positive GDP and ended 2017 with an average growth of 2.8%. 2017 was a good economic year for Croatia, the government tried to resolve the economic crisis by reducing income tax and some business costs were removed from income tax in 2018. With the first budget surplus of 0.8% since independence in 1991, it appears that Croatia is on the path to success. The government's new economic reform plans are expected to take effect in 2019 and continue to improve the economy. They are taking steps to become a larger part of Europe, including plans to adopt the euro by 2024. If this succeeds, it could mean significant growth potential for the future, in addition to increased economic security and a more favorable investment climate. In 2017, Croatia's largest private company almost collapsed, but an American investor provided the ;.