wiiw Current Analyses and Forecasts
Bosnia and Herzegovina: Fear of and hope for Spring
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in: Animal Spirits still Dimmed: Slow Recovery Expected
wiiw Current Analyses and Forecasts No. 12, July 2013 , pp. 121-123
In the short run, the policy framework will remain restrictive in Bosnia and Herzegovina because of the currency board and the pressure, by the IMF among others, for fiscal consolidation. If industrial production continues to improve and exports hold up, that should spur more investment and some speed-up of the recovery of growth. But the needed policy turnaround is hardly possible without some kind of political Spring arriving to this country.
Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database
Countries covered: Bosnia and Herzegovina