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Bosnia and Herzegovina: Selected Issues

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  • International Monetary Fund

Abstract

This Selected Issues paper analyzes government spending in Bosnia and Herzegovina (BiH). The size of the public sector in BiH is one of the largest in the region, owing mainly to a complex and highly decentralized governance structure. BiH spends a greater share of public resources on current spending items, notably on wages and social transfers. Moreover, poorly targeted social benefits generate adverse incentives with respect to informality and labor force participation. To enhance economic growth, BiH will need to refocus its spending and increase its efficiency, chiefly on spending on human and physical capital.

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  • International Monetary Fund, 2015. "Bosnia and Herzegovina: Selected Issues," IMF Staff Country Reports 2015/299, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2015/299
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=43368
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    1. Calvo, Guillermo & Coricelli, Fabrizio & Ottonello, Pablo, 2012. "The Labor Market Consequences of Financial Crises With or Without Inflation: Jobless and Wageless Recoveries," CEPR Discussion Papers 9218, C.E.P.R. Discussion Papers.
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    Cited by:

    1. World Bank, 2019. "Bosnia and Herzegovina Growth and Jobs," World Bank Publications - Reports 33834, The World Bank Group.
    2. Yekaterina Chzhen & Lucia Ferrone, 2017. "Multidimensional Child Deprivation and Poverty Measurement: Case Study of Bosnia and Herzegovina," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 131(3), pages 999-1014, April.

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