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Credit flows, fiscal policy, and the external deficit of Bosnia and Herzegovina /

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 a...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Kanda, Daniel (Autor)
Autor Corporativo: International Monetary Fund. European Department
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington, D.C. : International Monetary Fund, European Dept., 2006.
Colección:IMF working paper ; WP/06/276.
Temas:
Acceso en línea:Texto completo
Descripción
Sumario: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.
Descripción Física:1 online resource (18 pages) : illustrations
Bibliografía:Includes bibliographical references (pages 17-18).
ISBN:9781451909890
1451909896