Cover IMF Working Papers
Credit Flows, Fiscal Policy, and the External Deficit of Bosnia and Herzegovina
Author: Mr. Daniel S Kanda
Series:
IMF Working Papers
Volume/Issue:
Volume 2006: Issue 276
Language:
English
Publication Date:
01 Dec 2006
DOI:
https://doi.org/10.5089/9781451865363.001
ISBN:
9781451865363
ISSN:
1018-5941
Pages:
17
Keywords:
WP; trade deficit
Legal-disclaimer:
IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
Download PDF (138.2 KB) Download Epub
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.
Cover IMF Working Papers
IMF Working Papers
ISSN:
1018-5941
Publisher:
International Monetary Fund

dimension badge: