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Current developments in the field of arbitration in Croatia (CROSBI ID 113723)

Prilog u časopisu | izvorni znanstveni rad

Uzelac, Alan Current developments in the field of arbitration in Croatia // Journal of international arbitration, 19 (2002), 1; 73-79-x

Podaci o odgovornosti

Uzelac, Alan

engleski

Current developments in the field of arbitration in Croatia

As a means of resolving business disputes, arbitration is getting more and more popular in the countries of Central and Eastern Europe. Among these countries, Croatia has a prominent role. Once a center of arbitral doctrine and practice in the former Yugoslavia Croatia has continued the development after acquiring independence ten years ago. The years of war and instability in the region were, certainly, not a favorable environment for the growth of business and international trade. However, in spite of difficulties, arbitration community in Croatia was astonishingly active. Therefore, Croatia and its capital Zagreb are important places on the regional map of arbitral venues today. Since 2000, political environment has largely improved, and economy is moving in the positive direction. Direct foreign economic assistance has more than tripled, and several large business deals have shown that an era of investments and business growth might be approaching. Such economic development will, certainly, create new challenges for the present law and practice of arbitration in the country. The most important recent developments can be traced in the three areas: one deals with the reform of Croatian arbitration law, which is just completed ; the other concerns the practice of arbitration in the country, that is mostly connected to the oldest and the most influential arbitral institution, the Permanent Arbitration Court at the Croatian Chamber of Commerce ; last but not least, there are important doctrinal and promotional activities, both on the national and the international level. In this paper, a brief outline of the major trends and achievements in all of these areas are presented.

arbitration; Croatia; legislation; UNCITRAL Model Law

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Podaci o izdanju

19 (1)

2002.

73-79-x

objavljeno

0255-8106

Povezanost rada

Pravo

Indeksiranost