Branko Horvat, PhD

Branko Horvat (1928 - 2003) was born in Petrinja, Croatia. He finished primary and secondary school in Slavonska Požega. In (1952), he graduated and received his doctorate in 1955 at the Faculty of Economics in Zagreb, while he defended his second doctorate at the University of Manchester in 1959. He was an associate of the Economic Institute in Zagreb (1953–1955), chief methodologist of the Federal Institute for Planning (1958–63) and director of the Institute of Economic Sciences (1964–1973), and then professor of economic analysis at the Faculty of Foreign Trade, i.e., the Faculty of Economics in Zagreb (1974–92). He taught at prestigious foreign universities, served as the editor-in-chief of the Economic Analysis magazine (1967-1993), and was an economic adviser to several governments. He primarily dealt with the issues of macroeconomic analysis, political economy, economic policy, planning, and socialism.

He published approximately 30 books and over 250 articles in domestic and international magazines. He was the founder and president of the Social Democratic Union (1991). His main works are: Economic Theory of Planned Economy (1961), Essay on Yugoslav Society (1969), Economic Analysis I (1972), Economic Policy of Stabilization (1976), The Political Economy of Socialism (1982), for which he was proposed by the American Economic Association for the Nobel Prize in Economics in 1983, The Kosovo Question (1988), The Theory of Value, Capital and Interest (1994), Theory of International Trade: An Alternative Approach (The Theory of International Trade: An Alternative Approach, 1999).