Bosnia and Herzegovina: Selected Issues

October 28, 2015

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Bosnia and Herzegovina: Selected Issues, (USA: International Monetary Fund, 2015) accessed November 22, 2024

Summary

This Selected Issues paper analyzes government spending in Bosnia and Herzegovina (BiH). The size of the public sector in BiH is one of the largest in the region, owing mainly to a complex and highly decentralized governance structure. BiH spends a greater share of public resources on current spending items, notably on wages and social transfers. Moreover, poorly targeted social benefits generate adverse incentives with respect to informality and labor force participation. To enhance economic growth, BiH will need to refocus its spending and increase its efficiency, chiefly on spending on human and physical capital.

Subject: Employment, Expenditure, Labor, Labor markets, Revenue administration, Social security contributions, Taxes

Keywords: BiH, BiH Agency for Statistics, Central Asia, CR, Eastern Europe, Employment, Enrollment rate, Europe, Global, Health indicator, ISCR, Labor market outcome, Labor markets, NICs, Public sector rank, Rate, Social security contributions, Southern Europe, SSC collection, SSC rate, SSC revenue, Tax rate

Publication Details

Pages:

32
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2015/299
Stock No:

1BIHEA2015009
ISBN:

9781513578835
ISSN:

1934-7685

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