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Managerial aspect of shipbuilding through HBOR export credit insurance operations

Author

Listed:
  • Martina Sopta

    (Faculty of Economics and Business, University of Zagreb)

  • Lucija Å ola

    (Croatian Bank for Reconstruction and Development)

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.

Suggested Citation

  • Martina Sopta & Lucija Å ola, 2017. "Managerial aspect of shipbuilding through HBOR export credit insurance operations," Notitia - journal for economic, business and social issues, Notitia Ltd., vol. 1(3), pages 73-90, December.
    • Handle: RePEc:noa:journl:y:2017:i:3:p:73-90
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    File URL: http://www.notitia.hr/RePEc/noa/journl/07_2017.pdf
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    More about this item

    Keywords

    shipbuilding; managerial economics; export credit insurance; HBOR; internationalization;
    All these keywords.

    JEL classification:

    • L62 - Industrial Organization - - Industry Studies: Manufacturing - - - Automobiles; Other Transportation Equipment; Related Parts and Equipment
    • L98 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Government Policy
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • N60 - Economic History - - Manufacturing and Construction - - - General, International, or Comparative

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