In Bosnia and Herzegovina, economic reform is at the core of the international community's strategy. Over the next few years, the government will accentuate tax reform, improve the tax administration system, aid financial sector reform and encourage privatization. Labor regulations and the pension system will also be thoroughly restructured . Foreign investment will be encouraged, but future support from international financial institutions will be dependent on the success of the reforms. In the long term, it is hoped that reconstruction, reform, and EU integration will bring more peace and prosperity to what is considered to be Europe's most troubled land after World War II.