Bosnia and Herzegovina: Selected Issues

Volume/Issue: Volume 2007 Issue 269
Publication date: August 2007
ISBN: 9781451804942
$20.00
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Topics covered in this book

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Banks and Banking , Exports and Imports , Finance , Labor , Money and Monetary Policy , Taxation - General , ISCR , CR , Bosnia-Herzegovina , wage , medium-term baseline outlook , RS economy , credit growth , net foreign liabilities , Entity convergence , Unemployment , Employment , Credit , Wages , Current account , Eastern Europe , Western Europe , Global

Summary

This Selected Issues paper examines the risks and structural weaknesses in Bosnia and Herzegovina. The paper provides an estimate of the current account adjustment required to stabilize net foreign liabilities. It uses the external sustainability approach of the Consultative Group on Exchange Rate Issues (CGER) methodology for exchange rate assessment. The paper analyzes the impact of the newly introduced borrowing rules on the longer-term debt dynamics. An overview of salient facts about unemployment in Bosnia and Herzegovina is also presented.