Bosnia and Herzegovina : Staff Report for the First Review Under the Stand-By Arrangement

1BIHEA2010001 Image
Price:  $18.00

Release Date: © April, 2010
ISBN : 978-1-45520-777-0
Stock #: 1BIHEA2010001
Stock Status: On back-order

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Description

The staff report for Bosnia and Herzegovina’s (BiH) first review under the Stand-By Arrangement is presented. The precipitous drop in demand for BiH’s exports and the drying up of foreign direct investment triggered a sharp decline in private investment. Tightening credit conditions and the ensuing uncertainty put a further squeeze on spending on capital goods and consumer durables. Private consumption of nondurables softened but to a lesser extent, on the back of moderate growth in wages and social benefits.

Taxonomy

Economic policy , Fiscal policy , Political economy




More publications in this series: IMF Staff Country Reports