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...

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Bibliographic Details
Main Authors: Kurteš Siniša, Amidžić Srđan, Rajčević Perica
Format: Article
Language:English
Published: Sciendo 2020-12-01
Series:Zagreb International Review of Economics and Business
Subjects:
a10
e24
e42
f43
Online Access:https://doi.org/10.2478/zireb-2020-0022