Download Bosnia and Herzegovina: from recovery to sustainable growth by World Bank PDF

By World Bank

ISBN-10: 0821339222

ISBN-13: 9780821339220

Show description

Read or Download Bosnia and Herzegovina: from recovery to sustainable growth PDF

Best development & growth books

Structural Adjustment Without Mass Unemployment?: Lessons from Russia

Mass unemployment has frequently been obvious as an important accompaniment to significant structural adjustment, but in Russia, amid financial cave in, huge, immense structural adjustments have taken position with remarkably low degrees of unemployment. a few have noticeable low unemployment as an indication that Russia has gone through no actual alterations, yet others see it as an indication of a remarkably versatile hard work industry, with very excessive premiums of work turnover and extremes of salary differentiation permitting low-wage (and even no-wage) employment to persist within the outdated industries along the expansion of a brand new inner most region.

European Union Trade Politics and Development: 'Everything but Arms' Unravelled

The ‘Everything yet fingers’ (EBA) law of the ecu Union (EU) has been hailed as a groundbreaking initiative for constructing nations. considering 2001 EBA promises nearly thoroughly liberalized entry to the eu marketplace for items from the least-developed international locations (LDCs). It quick grew to become the main symbolic ecu exchange initiative in the direction of the 3rd international because the first Lomé conference within the Nineteen Seventies.

OECD economic surveys / United States

This 2017 OECD monetary Survey of Japan examines contemporary fiscal advancements, regulations and customers. The particular chapters disguise productiveness for inclusive progress and monetary sustainability.

Additional info for Bosnia and Herzegovina: from recovery to sustainable growth

Sample text

Assignment of spending functions to the different levels of government (Entity, canton, or municipality) needs to be based on a balance between the benefits of local decision making and the higher costs of service provision by a large number of small governments. The Entities must also decide how to assign tax revenues. Ideally, each level within the Entity should be provided with the revenues needed to finance the services for which it is responsible. Regardless of the revenue and expenditure assignments, however, imbalances between revenue and expenditure needs are bound to emerge in some cantons or municipalities and will lead to regional differences in spending levels.

Yet, there is little capacity for budgetary financing of a program of cash transfers at this time. Emergency relief, especially donations of food, which has sustained most of the population in recent years, will soon end. Consequently, a general review of social welfare programs should be undertaken to determine how best to use budgetary and donor funds and whether social programs are affordable and narrowly targeted for the poor. A poverty assessment should be undertaken quickly to help evaluate the efficacy of current welfare expenditures and to develop a plan for the future.

Key tasks include creating common institutions, as called for by the Dayton Agreement; strengthening institutions within the Entities, particularly those in the Federation; and ensuring Page xiv consistent and harmonized policies between the Entities and within the Federation. The tasks are outlined below. Establishing A Framework for Monetary Management Creating A New, Independent Central Bank A stable and convertible currency is the first requirement for promoting macroeconomic stability, trade, and investment.

Download PDF sample

Bosnia and Herzegovina: from recovery to sustainable growth by World Bank


by Charles
4.3

Rated 4.20 of 5 – based on 33 votes