wiiw Forecast Reports

BOSNIA AND HERZEGOVINA: Suffering in the face of external headwinds


Vladimir Gligorov

in: Braced for Fallout from Global Slowdown
wiiw Forecast Report No. Autumn 2019, November 2019 , pp. 49-51

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Prospects for growth are more or less where they almost always are; below 3% this year and around that level in the medium run. The political crisis is not all that consequential for the economy, but does represent a barrier to improving international relations. The key sticking point is NATO integration. It is seen as an instrument of stability (as in Montenegro and North Macedonia), but it is opposed by the majority among the Bosnian Serbs. The EU for its part has run out of ideas when it comes to this country.


Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database

Countries covered: Bosnia and Herzegovina