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Investment Reform Index 2010

Monitoring Policies and Institutions for Direct Investment in South-East Europe

image of Investment Reform Index 2010

Using an innovative methodology, the Investment Reform Index 2010 (IRI 2010) monitors investment-related policy reforms in the economies of South-East Europe and compares these to best practices in the OECD area. Based on inputs from governments, the private sector, independent experts and multilateral organisations active in the region, the IRI 2010 assesses policies and institutional settings in eight fields of policy critical to domestic and foreign investors. These are: investment policy and promotion; human capital development; trade policy and facilitation; access to finance; regulatory reform and parliamentary processes; infrastructure for investment; tax policy analysis; and SME policy. For the economies examined, the IRI 2010 provides an independent and rigorous assessment of investment-related policy settings and reform against international good practice, guidance for policy reform and development and an evidence base with which to facilitate prioritisation of donor activities supporting investment and growth.

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Bosnia and Herzegovina

Bosnia and Herzegovina entered a recession in 2009. In order to mitigate the effects of the global crisis, the government has sought support from the International Monetary Fund. On 8 July 2009, the executive board of the International Monetary Fund approved a 36-Month Stand-By Arrangement amounting to EUR 1.1 billion for Bosnia and Herzegovina. In line with many economies in South-East Europe (SEE), the crisis exposed Bosnia and Herzegovina’s dependence on high domestic demand fuelled by rapid credit growth and external financing.

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