01760cas a2200241 a 4500 AALejournalIMF013556 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484371206 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. European Dept. Bosnia and Herzegovina : Second Review Under the Stand-By Arrangement and Requests for Waivers of Applicability and Modification of Performance Criteria -Staff Report; Press Release; and Statement by the Executive Director. Washington, D.C. : International Monetary Fund, 2013. 1 online resource (52 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The economy of Bosnia and Herzegovina, which is strongly connected to Europe through trade and financial channels, continues to pay a high price for the tough conditions in the area. The paper discuss that, following low demand in its trading partners, exports slumped in 2012 by 7.5 percent, dragging the economy to an export-led recession that resulted in a contraction of economic activity by 0.7 percent. The share of government spending in GDP fell by almost a percentage point, offsetting completely the automatic stabilizers. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2013/121 Full text available on IMF http://elibrary.imf.org/view/journals/002/2013/121/002.2013.issue-121-en.xml IMF e-Library