Managerial aspect of shipbuilding through HBOR export credit insurance operations

Martina Sopta () and Lucija Å Ola ()
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Martina Sopta: Faculty of Economics and Business, University of Zagreb
Lucija Å Ola: Croatian Bank for Reconstruction and Development

Notitia - journal for economic, business and social issues, 2017, vol. 1, issue 3, 73-90

Abstract: The topic of the paper is of a high importance and interest for Croatia since it covers the sector which provides many jobs in professions with a shortage of workers. Besides historical and comparative methods, theoretical methods such as analysis, synthesis, induction and deduction were also used in this research. The main objective was to describe and explain the way the Export Credit Insurance division of Croatian Bank for Reconstruction and Development (HBOR) has contributed to the Croatian shipbuilding industry's recovery through managerial aspect. Analysis of the shipbuilding managerial economics in the scope of national economy reveals different models of government influence on recovery of the industry: financial support, restructuring, privatization, and export credit insurance. Considering a high degree of risk present in export, export credit insurance has a major impact on the domestic shipbuilding recovery. The main goal of export credit insurance is to increase the competitiveness of Croatian shipyards abroad.

Keywords: shipbuilding; managerial economics; export credit insurance; HBOR; internationalization (search for similar items in EconPapers)
JEL-codes: L62 L98 M21 N60 (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:noa:journl:y:2017:i:3:p:73-90

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