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The outlook for the development of the investment funds in the republic of Croatia

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figure was about 2.7% and at the end of 2003 only about 2.1% in Croatia. For exam-ple, though, even at the end of 2002, in Hungary and the Czech Republic the assets of the open-end funds amounted to about 5% of GDP (Bakker, 2003), and in Roma-nia 4%, altho

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