Publication: Bosnia and Herzegovina : Policy Notes for the BH Governments
Date
2007-03
ISSN
Published
2007-03
Author(s)
World Bank
Abstract
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.
Citation
“World Bank. 2007. Bosnia and Herzegovina : Policy Notes for the BH Governments. © Washington, DC. http://openknowledge.worldbank.org/handle/10986/12545 License: CC BY 3.0 IGO.”