Republic of Montenegro: Selected Issues
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Summary:
Euroization has served Montenegro well by anchoring inflation expectations, and shifted the burden of adjustment to fiscal and structural policies. The paper looks at trends and how developments in the tourism industry have contributed to the shaping of the economy. The lack of monetary and exchange rate policies in Montenegro puts a premium on a well-designed and appropriate fiscal policy. This paper has presented a dynamic analysis of the structure of the banking sector of Central and Eastern European countries.
Series:
Country Report No. 2008/049
Subject:
Balance of payments Commercial banks Credit Current account deficits Financial institutions Fiscal policy Fiscal stance Public debt
English
Publication Date:
February 4, 2008
ISBN/ISSN:
9781451826715/1934-7685
Stock No:
1MNEEA2008002
Pages:
101
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