Bosnia and Herzegovina : Post-Conflict Reconstruction and the Transition to a Market Economy, An OED Evaluation of World Bank Support

Bosnia and Herzegovina : Post-Conflict Reconstruction and the Transition to a Market Economy, An OED Evaluation of World Bank Support

Following three years of war in Bosnia and Herzegovina (BiH), during which over 10 percent of the population were killed or wounded, and over half of the population displaced, a peace agreement, the Dayton Accords (DA), was negotiated in November 1995. The DA acknowledged the bitter ethnic divides that led to war by establishing a government structure with a weak central State; the ethnically based Entities (the Federation of Bosnia and Herzegovina and the Republika Srpska) retained political, military, and economic authority. The DA also provided for a strong international police and military presence and an international overseer-the Office of the High Representative (OHR). Although this structure was a necessary political compromise at the time of the DA, it has presented difficult challenges to the Bank as well as other donors.

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Bibliographic Details
Main Author: Operations Evaluation Department
Language:English
en_US
Published: Washington, DC: World Bank 2004-09
Subjects:ACCOUNTABILITY, BANK OPERATIONS, BANK PRIVATIZATION, BANK SUPERVISION, BANKRUPTCY, BASIC HEALTH, BORROWING, CIVIL SERVICE, CIVIL SOCIETY, CLEARANCE, CORRUPTION, CREDIT INSTITUTIONS, CURRENCY, DEBT, DEBT RELIEF, DISBURSEMENTS, EMPLOYMENT, EXPENDITURE, EXPOSURE, FINANCIAL SECTOR, FINANCIAL SECTOR REFORM, FUTURES, HARD BUDGET CONSTRAINTS, HEALTH INSURANCE, HEALTH SERVICES, HOSPITALS, HOUSING, INFANT MORTALITY, INSTITUTIONAL DEVELOPMENT, INSURANCE, INTERNATIONAL FINANCE, INTERNATIONAL ORGANIZATIONS, LABOR MARKETS, LESSONS LEARNED, LIVING STANDARDS, LOCAL INITIATIVES, MORTALITY, NONGOVERNMENTAL ORGANIZATIONS, PEACE, PRIVATE BANKS, PRIVATE SECTOR, PUBLIC EXPENDITURE, PUBLIC FINANCE, PUBLIC SECTOR, REGULATORY ENVIRONMENT, SAFETY, SAFETY NETS, SCHOOLS, SOCIAL DEVELOPMENT, SOCIAL SERVICES, STRUCTURAL ADJUSTMENT, SUBSIDIARY, TAXATION, TRANSITION ECONOMIES, VOUCHER PRIVATIZATION, WAR VICTIMS, WATER SUPPLY,
Online Access:http://documents.worldbank.org/curated/en/2004/01/5180175/bosnia-herzegovina-post-conflict-reconstruction-transition-market-economy
https://hdl.handle.net/10986/14900
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Summary:Following three years of war in Bosnia and Herzegovina (BiH), during which over 10 percent of the population were killed or wounded, and over half of the population displaced, a peace agreement, the Dayton Accords (DA), was negotiated in November 1995. The DA acknowledged the bitter ethnic divides that led to war by establishing a government structure with a weak central State; the ethnically based Entities (the Federation of Bosnia and Herzegovina and the Republika Srpska) retained political, military, and economic authority. The DA also provided for a strong international police and military presence and an international overseer-the Office of the High Representative (OHR). Although this structure was a necessary political compromise at the time of the DA, it has presented difficult challenges to the Bank as well as other donors.

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