GLOBAL FINANCIAL CRISIS – STUMBLICK BLOCK OR OPPORTUNITY FOR BOSNIA AND HERZEGOVINA ON THE ROAD TO EUROPEAN UNION

Journal Title: Acta Economica - Year 2009, Vol 7, Issue 10

Abstract

Utilization of global financial crisis as an opportunity for Bosnia and Herzegovina to appraise its position on a transformation path from centrallyplanned economy to market oriented economy within the signed agreement on Stabilization and Association (SAA) to EU has been discussed in this paper. Having in mind that a macroeconomic policy worsened, one of the greatest weaknesses of B&H has been presented, insufficient institutional development. By its resolving or strengthening may take B&H to more favorable position in comparison with other countries of Western Balkan, countries that signed SAA, in order to enable faster and safer road to the EU accession. By qualitative and quantitative methods the paper has been put in a wider contest using Global Competitive Index.

Authors and Affiliations

Маријана П. Милић, M. Sc.

Keywords

Related Articles

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...

OBJECTIVE CONDITIONALITY OF THE SYMBIOSIS BETWEEN STATE AND MARKET IN THE CONTEMPORARY ECONOMY

The concept of market economy and private property being self-regulated is the starting point and key argument for crucial reduction in both economic and social functions of the state in contemporary economy. On this gro...

Managerial Ranking and Project Selection

Models of quantification of the risk and return on investment projects are often the subject of observation by the scientific and professional community. In addition to the problem of project selection, managers are incr...

A Sustainable Growth Rate Analysis of Non-Financial Companies Listed on the Banja Luka Stock Exchange

In this research project and paper, we propose to assess the sustainable growth rates of non-financial companies listed on the Banja Luka Stock Exchange. A company’s sustainable growth rate is the maximum rate its sales...

DETERMINING AND MAINTAINING THE AMOUNT OF PROFITABILITY OF NET WORKING ASSETS

Net working assets are an important indicator of a company’s liquidity. To determine the optimal amount, the management has to know that over‐investing into net working assets can lead to a decline in the company’s profi...

Download PDF file
  • EP ID EP43662
  • DOI -
  • Views 273
  • Downloads 0

How To Cite

Маријана П. Милић, M. Sc. (2009). GLOBAL FINANCIAL CRISIS – STUMBLICK BLOCK OR OPPORTUNITY FOR BOSNIA AND HERZEGOVINA ON THE ROAD TO EUROPEAN UNION. Acta Economica, 7(10), -. https://europub.co.uk/articles/-A-43662