Bosnia and Herzegovina : Policy Notes for the BH Governments
Bosnia and Herzegovina (BH) has made substantial progress in economic reconstruction since the end of the war, but much more remains to be done to establish conditions for sustainable private sector-led growth, curtail risks to hard-won fiscal stab...
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Format: | Policy Note |
Language: | English en_US |
Published: |
Washington, DC
2013
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Online Access: | http://documents.worldbank.org/curated/en/2007/03/16280985/bosnia-herzegovina-policy-notes-bh-governments http://hdl.handle.net/10986/12545 |
Summary: | Bosnia and Herzegovina (BH) has made
substantial progress in economic reconstruction since the
end of the war, but much more remains to be done to
establish conditions for sustainable private sector-led
growth, curtail risks to hard-won fiscal stability, and
create an efficient government. The high level of government
spending remains supported by a larger than optimal tax
burden, primarily reflecting onerous social security
contributions, bankruptcy or liquidation. The operational
independence of the privatization agencies should be
ensured, and transparent methods must be used for
divestiture. This paper also notes that deteriorating rural
infrastructure, including roads, electricity, village water
supply, and irrigation, all constrain rural development.
Recommendations are proposed for improving conditions in the
agriculture, health, transport, and education sectors. |
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