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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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Bibliographic Details
Main Author: Kanda, Daniel
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2006
Series:IMF Working Papers
Subjects:
Balance Of Trade
Payment Systems
International Economics
Bank Credit
Standards
Credit
Monetary Systems
Money And Monetary Policy
Currencies
Regimes
Government And The Monetary System
Monetary Economics
Money
Monetary Policy, Central Banking, And The Supply Of Money And Credit: General
Consumer Credit
Exports And Imports
Trade Balance
Empirical Studies Of Trade
Bosnia And Herzegovina
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary: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
Physical Description:17 pages
ISBN:9781451865363

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