Consequences of financial crisis in Bosnia and Herzegovina Fiscal and Monetary Policy

Consequences of financial crisis in Bosnia and Herzegovina Fiscal and Monetary Policy

Nađa , Dreca

Aim of this paper is to analyze effects did global financial crisis have on BiH’s economy and society in general. After examination of effects, it will be researched what are the policies that government has implemented in order to decrease negative effects. Both, fiscal and monetary policies will be examined, with special emphasize will on the stand by arrangement with IMF because it was often debated whether this arrangement was good or wrong movement of the government. Moreover, this paper will provide information about have did these measures affect society and especially certain interest groups, such as demobilized military. Finally when all of these above mentioned are analyzed and discussed, conclusions about efficiency of implemented policies will be made and proposals of what could be done will be developed. Keywords: global crisis, Monetary policy, Fiscal Policy, Central Bank

Conference or Workshop Item
PeerReviewed

2012-05-31

1347