wiiw Current Analyses and Forecasts
Bosnia and Herzegovina: Some chance of getting things moving
in: Recovery: Limp and Battered
wiiw Current Analyses and Forecasts No. 8, July 2011 , pp. 104-106
In Bosnia and Herzegovina, exports expanded substantially in 2010 and the first months of 2011, but this did not trigger much GDP growth, as the export sector‘s GDP contribution is rather small. Large parts of the business sector are still in worse shape than they were before the crisis; the public sector finds it difficult to make ends meet. The flow of funds from Paris Club creditors will remain interrupted pending the establishment of a new central government after the elections held in October 2010. Households continue to rely heavily on remittances. Prospects of EU accession are poor.
Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database
Countries covered: Bosnia and Herzegovina, SEE