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Bosnia and Herzegovina :, 2008 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Bosnia and Herzegovina

This Article 2008 IV Consultation highlights that Bosnia and Herzegovina’s economy has been exhibiting robust growth, but imbalances have emerged. The current account deficit has widened and underlying inflation has picked up. Procyclical fiscal policy has added to these imbalances. Moreover, large public-sector wage increases threaten to spill over to private sector settlements, thus exacerbating inflation pressures and weighing on competitiveness. Credit growth has started to slow down, and tightened financial conditions have resulted in a fall in bank profitability
Table Of Contents
Cover; Executive Summary; Contents; I. Overview; II. Background; Figures; 1. Income and Growth; 2. Growth Performance; 3. Indicators of Economic Activity; Boxes; 1. External Competitiveness; 4. Competitiveness Indicators, 2000-08; 5. External Position; 6. Inflation, January 2006-May 2008; 7. Financial Market Indicators, 2003-08; 8. Financial Sector Developments; III. Policy Discussions; A. Outlook; 9. Progress in Structural Reforms, 2003-07; 10. Institutional Quality and Reform, 2007; B. Public Finances; 11. Outlook under Alternative Scenarios, 2005-13
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (72 p.)
Specific Material Designation
Form Of Item

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