INSTITUTIONAL CHANGES AS A FOCTOR ECONOMICS PROSPERITY IN A TRANSITIONAL ECONOMY
Journal Title: Acta Economica - Year 2003, Vol 2, Issue 2
Abstract
Carrying out the institutional transformations which are necessary for efficient functioning of market economy, represente the preferential task for economies in transition. That refers, above all, to guaranteeing the proprietary rights, establishing the real competition, forming the stable and efficient financial institutions and tax system and the starting assumption of all quoted here is strengthening the lawfulness and legal system. In that way, real assumptions for increasing the efficiency and competitiveness of economic subjects wil be created and that willenable successful carrying out of the structural changes and starting the accelerated economic growth and development. In order to carry out institutional changes successfully, a strong political suport is necessary as well as political stability and reliability that formed institutions will be able to function properly and to develop continuosly.
Authors and Affiliations
Властимир Лековић, PhD
Keywords
Related Articles
- EP ID EP43561
- DOI -
- Views 254
- Downloads 0
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...
A NEW, MULTICURRENCY WORLD MONETARY SYSTEM IS NECESSARY
After the break of pure gold standard during World War I, attempts for its reincarnation in the form of gold bullion and gold exchange standard where without any significant success. The rise of USA as the first economic...
Analysis of possibilities for use of the integrated costs management in large production companies in Bosnia and Herzegovina
Integrated costs management through the value chain represents a comprehensive approach which observes the activities of purchasing, production and distribution as a single, undividable whole. This opens a wide range of...
REFLECTIONS OF THE EU EXCISES POLICY ON DYNAMICS OF ASSOCIATION OF BIH IN LIGHT OF GLOBAL CHALLENGES
Dedication of Bosnia and Herzegovina to European integrations requires a fulfilment of pre-accession obligations that relate to harmonization on excises taxation in BiH with the EU standards. Excise represents significan...
Ways of choice of global marketing strategies
At the beginning of the 21th century changes caused by globalisation have became real and present in all areas of society. The most signifcant changes are changes on the market and changes in business activities. Changes...