Fifty years of Public Sector Economics
On 23 October 2026, the Institute of Public Finance marked the 50th anniversary of its Public Sector Economics journal with an international scientific conference dedicated to the key challenges of management of public finances in today’s economic environment – from fiscal policy and tax reforms to the green transition and the impact of digitalisation and artificial intelligence on the public sector.
The anniversary comes at a time when public finances in Europe and around the world are facing complex fiscal pressures. Growing economic uncertainty, high public debt, population ageing and geopolitical shifts, alongside the demands of the green transition and rapid digital transformation, pose a challenge for governments seeking to reconcile fiscal sustainability with investment in economic growth, the quality of public services and social cohesion.
The opening remarks were delivered by Vjekoslav Bratić, Director of the Institute of Public Finance and Matej Bule, State Secretary at the Ministry of Finance, followed by a keynote lecture by George Kopits from the European Fiscal Board on good governance in public finance and its importance for the European Union’s fiscal framework. The programme also featured a panel discussion on strengthening good governance in Croatia’s public sector, with Martina Dalić, President of the Management Board of Podravka d.d., Josip Funda, Senior Economist at the World Bank, Goran Šaravanja, Chief Economist at the Croatian Chamber of Economy and Hana Zoričić, Deputy to the Chief State Treasurer.
As part of the scientific programme, researchers from Croatian and international institutions presented papers on the transformation of fiscal policy, environmental taxes, property taxation, the budget credibility of local government units, the sustainability of pension systems, and the application of artificial intelligence and new technologies in public procurement and public sector management,


