LONG-TERM CHARACTERISTICS OF PERSONAL CONSUMPTION IN THE REPUBLIC OF CROATIA

Personal consumption as a component of aggregate demand multiplatively influences entire economic development. Systematic observation and research of personal consumption is important for creation and implementation of economic and social policy in developed countries. The author analyzes long-term characteristics of personal consumption in the Republic of Croatia, and the research results are compared with development of personal consumption in selected countries of developed market system and of countries in transition.