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Republic of Serbia: Selected Issues

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  • International Monetary Fund

Abstract

High capital inflows and rising vulnerabilities underscore the importance of a comprehensive approach to ensuring stability. Standard balance sheet indicators mask a substantial build-up of exposures to exchange rate, maturity, and rollover risks. Household balance sheet risks originate from currency mismatches owing to credit euroization. The fiscal balance has a strong and significant impact on the current account in Serbia. The model is broadly able to reproduce recent economic and policy developments in Serbia. The analysis indicates that privatization can result in sizable fiscal savings.

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  • International Monetary Fund, 2008. "Republic of Serbia: Selected Issues," IMF Staff Country Reports 2008/055, International Monetary Fund.
  • Handle: RePEc:imf:imfscr:2008/055
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    References listed on IDEAS

    as
    1. Goldberg, Itzhak & Radulovic, Branko & Schaffer, Mark, 2005. "Productivity, ownership, and the investment climate : international lessons for priorities in Serbia," Policy Research Working Paper Series 3681, The World Bank.
    2. Mr. Steven A Barnett, 2000. "Evidenceon the Fiscal and Macroeconomic Impact of Privatization," IMF Working Papers 2000/130, International Monetary Fund.
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