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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Автор: Kanda, Daniel
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2006.
Серія:IMF Working Papers; Working Paper ; No. 2006/276
Онлайн доступ:Full text available on IMF
Опис
Резюме: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.
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Фізичний опис:1 online resource (17 pages)
Формат:Mode of access: Internet
ISSN:1018-5941
Доступ:Electronic access restricted to authorized BRAC University faculty, staff and students