Credit Flows, Fiscal Policy, and the External Deficit of Bosnia and Herzegovina

WPIEA2006276 Image
Price:  $18.00

Author/Editor: Daniel Kanda
Release Date: © December, 2006
ISBN : 978-1-45186-536-3
Stock #: WPIEA2006276
English
Stock Status: Available

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Description

This paper develops and estimates a model of the trade balance of Bosnia and Herzegovina. Credit flows and the fiscal stance are found to play a significant role in determining the trade balance. On this basis the paper discusses the trade-offs between monetary and fiscal policy settings needed to achieve a clear downward path for the large current account deficit of Bosnia and Herzegovina.

Taxonomy

Balance of trade , Economic policy , Fiscal policy , International trade , Monetary policy




More publications in this series: Working Papers


More publications by: Daniel Kanda