Republic of Montenegro: Selected Issues

February 4, 2008

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Format: Chicago

Republic of Montenegro: Selected Issues, (USA: International Monetary Fund, 2008) accessed November 21, 2024

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.

Subject: Balance of payments, Commercial banks, Credit, Current account deficits, Financial institutions, Fiscal policy, Fiscal stance, Public debt

Keywords: Baltics, CEE country, Commercial banks, Competitor tourism country, CR, Current account deficits, Debt target, Eastern Europe, FDI inflow, Fiscal policy, Fiscal stance, Global, ISCR, Montenegro, Tourism, Tourism activity, Tourism enclave, Tourism industry, Tourism sector, Western Europe

Publication Details

Pages:

101
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2008/049
Stock No:

1MNEEA2008002
ISBN:

9781451826715
ISSN:

1934-7685

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