Bosnia and Herzegovina: Selected Issues

Volume/Issue: Volume 2008 Issue 326
Publication date: October 2008
ISBN: 9781451804966
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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Exports and Imports , Inflation , Economics- Macroeconomics , ISCR , CR , current account , Bosnia-Herzegovina , export , exchange rate , export growth , inflation performance , BiH's inflation figure , BiH risk , rising prices , growth dynamics , CA gap , BIH's inflation , Inflation , Exports , Real exchange rates , Export performance , Consumer price indexes , Global , Europe

Summary

This Selected Issues paper for Bosnia and Herzegovina (BiH) reports that GDP per capita in BiH is similar to that in neighboring Balkan countries. BiH risks are falling behind rather than catching up with other transition economies in terms of its economic development. This could delay the process of convergence to and integration with the European Union, including its ambitions to eventually adopt the euro. Accelerated structural reforms and macroeconomic stability remain key to achieving higher and sustained growth rates.