Bosnia and Herzegovina: Selected Issues

October 23, 2006

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Bosnia and Herzegovina: Selected Issues, (USA: International Monetary Fund, 2006) accessed November 27, 2024

Summary

The current account deficit by the Central Bank of Bosnia and Herzegovina in recent years has fluctuated to about 20 percent of GDP. But official current account statistics suffer from several shortcomings. Possible sources of the savings required to achieve a fiscal position consistent with long-term fiscal sustainability is discussed. A theoretical model of the trade balance has been developed and used as the basis for estimating a quarterly regression model of Bosnia and Herzegovina’s trade balance. Effective fiscal coordination is essential in Bosnia and Herzegovina.

Subject: Balance of payments, Expenditure, Fiscal policy, International organization, International trade, Monetary policy, Money

Keywords: Africa, Bank credit, Credit, Current account, Current account deficits, D.C., Debt dynamics, Eastern Europe, Europe, Exchange rate, Expenditures saving, Global, Government function, International Monetary Fund Washington, Long-term debt dynamics, National government, Outward remittances, Policy implication, Publication policy, Trade balance

Publication Details

Pages:

63
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2006/368
Stock No:

1BIHEA2006001
ISBN:

9781451804904
ISSN:

1934-7685

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