Financial competitiveness of manufacturing industry in the Republic of Srpska
Journal Title: Acta Economica - Year 2013, Vol 11, Issue 19
Abstract
The competitiveness of the industry implies its earning potential compared to other industries in the same country or compared to the other countries. It is the ability of industry to attract investment and adapting to the social economic conditions. In the Republic of Srpska for 2012 overall industrial production decreased by 4.2% compared to the 2011, indicating the impact of the second wave of the global economic crisis. Manufacturing industry in 2012 recorded a decline in the physical volume of industrial production by 4.8% compared to the 2011. In the manufacturing industry of the Republic of Srpska for period 2010 - 2012 there has been a decrease of capital and increase of the company’s liabilities, in other words weakening of the financial position for companies in manufacturing industry. Capacity for generating income in the manufacturing industry of the Republic of Srpska in the period 2010 - 2012 is deteriorated and realized net loss amounted 169.37, 180.10 and 199.67 million BAM, respectively, which proves the decrease of its financial competitiveness.
Authors and Affiliations
Саша Вученовић, Милан Граховац
Keywords
Related Articles
- EP ID EP43776
- DOI -
- Views 269
- Downloads 0
Characteristics and perspectives of development of BiH and Republic of Srpska
This article begins with an anlysis of development difficulties of BiH economy and economy of Republic Srpska. Afterwards the actual quantitative and qualitative characteristics of the economy in question were elabora...
The Analyze of Marketing and Economy Objects of Research
By explaining and relating of facts of reality, knowledge and science one gets an insight into problem of relations between economy as a science and marketing as a process which aims to develop into independent science o...
FOREIGN EXCHANGE RESERVES AS A SHOCK PROTECTION – THE EXAMPLE OF BOSNIA AND HERZEGOVINA
Significant increase in foreign exchange reserves in recent decades, including the period of the global financial crisis of 2008 and 2009, has intensified research on the importance and role of foreign exchange reserves...
CAPITAL MARKET IN THE REPUBLIC OF SERBIA IN THE PERIOD OF TRANSITION "EMERGING MARKETS"
In time the world financial flows globalization, monetary integration,deregulation,and new information technologies, the importance gaininig development of efficient capital markets, as an integral part of financial mark...
Scientific research and horizons of knowledge
Intellectual climate has served for development of the economy based on knowledge. But did only the knowledge from the economy seve for the development of economic knowledge? Knowledge can’t be transplanted but it can be...