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

ISBN: 9786613828224

Published: December 1st 2006

ebook

20 pages


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

Credit Flows, Fiscal Policy, and the External Deficit of Bosnia and Herzegovina by Daniel Kanda
December 1st 2006 | ebook | PDF, EPUB, FB2, DjVu, talking book, mp3, RTF | 20 pages | ISBN: 9786613828224 | 8.53 Mb

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-offsMoreThis 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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