Balance of Payments Deficit and Currency Board Arrangement Sustainability in Bosnia and Herzegovina
Constant current account deficit in Bosnia and Herzegovina results from a large foreign trade imbalance, which in turn is a consequence of uncompetitiveness of the economy in the global market. The current account deficit is mainly financed by foreign remittances, foreign aid, and least of all by fo...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Sciendo
2020-12-01
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Series: | Zagreb International Review of Economics and Business |
Subjects: | |
Online Access: | https://doi.org/10.2478/zireb-2020-0022 |