Bosnia and Herzegovina : Selected Issues

1BIHEA2006001 Image
Price:  $18.00

Release Date: © October, 2006
ISBN : 978-1-45180-490-4
Stock #: 1BIHEA2006001
English
Stock Status: On back-order

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Description

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.

Taxonomy

Balance of payments , Current account , Economic policy , Fiscal policy




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