CURRENCY BOARD POLICY AND ECONOMIC DEVELOPMENT OF BOSNIA AND HERZEGOVINA IN THE CONTEXT OF EUROPEAN INTEGRATION

CURRENCY BOARD POLICY AND ECONOMIC DEVELOPMENT OF BOSNIA AND HERZEGOVINA IN THE CONTEXT OF EUROPEAN INTEGRATION

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Bosnia and Herzegovina is a small and open economy in transition with great distrust in local authorities and institutions. The country applies a currency board as the only acceptable and optimal exchange rate system in order to protect its monetary policy from political influences. The strict rules...

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Bibliographic Details
Main Author: Željko Marić
Format: Article
Language:English
Published: University of Banja Luka, Faculty of Economics 2017-12-01
Series:Acta Economica
Subjects:
currency board
(un)real exchange rate
devaluation vs. deflation
internal adjustment
Bosnia and Herzegovina
Online Access:http://ae.ef.unibl.org/index.php/AE/article/view/3

Internet

http://ae.ef.unibl.org/index.php/AE/article/view/3

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