REFLECTIONS OF THE EU EXCISES POLICY ON DYNAMICS OF ASSOCIATION OF BIH IN LIGHT OF GLOBAL CHALLENGES

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

Abstract

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 significant source of revenues for BiH. Excises on oil are forming a part of price of almost every goods produced and services rendered. Experience of member states shows that harmonization of excises with minimal EU excise rates is very complex and painful process since many sectors are affected. Those negative consequences on macroeconomic and social system are aggravated by global crisis. Bearing in mind those consequences and a large gap between the BiH excises and EU standards it is necessary to plan dynamics of harmonisation carefully, balancing of consequences and benefits for economy and market in BiH for the longer period ahead.

Authors and Affiliations

Динка Антић, PhD

Keywords

Related Articles

THE PLACE AND ROLE OF INSTITUTIONS FOR SCIENTIFIC RESEARCH IN RS\BIH IN THE PROCESS OF EU INTEGRATIONS

Numerous challenges in economic and political field are before the European Union, and those could be sublimed in thesis that the economy of the Union must achieve higher degree in competitiveness in relation to economy...

The interest rate as a stochastic variable – possible answer to financial markets volatility

This paper presents the interest rate in terms of consistent market, i.e. function of interest is defined as a continuous function which further allows to view the interest rate as a stochastic variable. In this context...

Matchmaking Programme in function of the economic recovery: An empirical study in the Republic of Srpska

Progress of the Republic of Srpska regarding the design of products and services in the field of advanced technology has not been reached yet. Unfavorable economic structure of the Republic of Srpska in recent years, refl...

Institutional efficiency as a function of export capability of small economies

Institutions and their efficiency are key factor towards strengthening of export capacities of small economies. Main responsibility for establishing these institutions and for their efficiency is up to the Government. Wi...

Evaluation оf Loan – Models оf Variable Principal Repaid

In this paper is presented the account of evaluation of loan for case when the loan is amortized of variable principal repaid. It is presented two cases: a) the account of evaluation of loan after the t-th payment of...

Download PDF file
  • EP ID EP43664
  • DOI -
  • Views 294
  • Downloads 0

How To Cite

Динка Антић, PhD (2009). REFLECTIONS OF THE EU EXCISES POLICY ON DYNAMICS OF ASSOCIATION OF BIH IN LIGHT OF GLOBAL CHALLENGES. Acta Economica, 7(10), -. https://europub.co.uk/articles/-A-43664