01824cas a2200253 a 4500 AALejournalIMF016681 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513554280 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. European Dept. Montenegro : Selected Issues. Washington, D.C. : International Monetary Fund, 2016. 1 online resource (13 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 This paper focuses on Montenegro's export sector performance and challenges. Montenegro has run a persistent trade deficit since its independence. Montenegro's goods exports have decreased, while goods imports have been more or less stable. A comparison reveals a relatively weak recovery of goods exports for Montenegro. Montenegro's goods exports to the euro area have declined over time despite euroization. Foreign demand explains services exports well, but less so goods exports. Business climate surveys indicate high nonprice barriers in Montenegro's export sector. The share of high-value-added export goods has been diminishing over time. Services exports also signal narrow productivity gains. Weak productivity growth may hinder the export sector. Mode of access: Internet Montenegro imf IMF Staff Country Reports; Country Report ; No. 2016/080 Full text available on IMF http://elibrary.imf.org/view/journals/002/2016/080/002.2016.issue-080-en.xml IMF e-Library