Conditions and limitations of reindustrialization as a strategy for getting out of the crisis
Journal Title: Acta Economica - Year 2015, Vol 13, Issue 22
Abstract
The strategy of reindustrialization, especially of small countries, is one of exit strategies from the crisis. How long this process will take and what difficulties it will face with depends on the anatomy of the crisis of each country including the entire Western Balkans. The following factors are nominated as limiting in this paper: global processes, unsuccessful transition and inefficient institutions. The specificity of a small Balkan country, Bosnia and Herzegovina and the Republic of Srpska is the macro-economic stability and the insufficiency of public finances that threaten the sustainability of the pension system, health insurance and child protection, all of which adversely affect the economic and demographic picture of the Republic of Srpska and Bosnia and Herzegovina.
Authors and Affiliations
Драган Микеревић
Keywords
Related Articles
- EP ID EP43805
- DOI https://doi.org/10.7251/ACE1522083M
- Views 325
- Downloads 0
INVESTING INTO SCIENTIFIC RESEARCH AND ECONOMIC GROWTH
Creating a European Research Area (ERA) was defined as a strategic goal in the area of scientific research and technological development at the Lisbon Conference 2000. The Seventh Framework Programme for research and tec...
ECONOMIC REFORMS IN YUGOSLAVIA: HOW TO AVOID ERRORS OF THE OTHERS
After September 2000 elections, Yugoslavia is now, when it is very late in comparison to other postocialistic countries, at the very beginning of the essential economic reforms and a real including into international eco...
The modern approach to business reporting in the function of satisfying the information needs of stakeholders-review of Montenegro
The business environment in which the reporting entity performs its activity has undergone, and is still going through, signifcant changes created due to the influence of a large number of factors. In such, changed circum...
PUBLIC‐PRIVATE PARTNERSHIPS AS FUNCTION TO OVERCOME CURRENT FINANCIAL‐ECONOMIC CRISIS
Contemporary globalization trends and processes of regional connecting national trades, and particularly more successful implementation of integration into the European union, impliy the need for huge investments into in...
Impact of Business Performance Indicators on Share Prices on Stock Exchanges in Bosnia and Herzegovina
Business performance indicators resulting from ratio analysis are one of the key benchmarks of investment analysis on capital markets, both developed countries and countries with emerging markets. Direct and positive rel...