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

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

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. H...

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Main Author: Маријана П. Милић, M.Sc.
Format: Article
Language:English
Published: University of Banja Luka, Faculty of Economics 2009-06-01
Series:Acta Economica
Subjects:
global financial crisis, agreement on stabilization and accessions, macroeconomic policy, Western Balkan’s countries, institutional underdevelopment, Global Competitive Index
Online Access:http://ae.ef.unibl.org/index.php/AE/article/view/245
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spelling doaj-469d2556bfdf4f2f85dfd4d57f9c3cf72020-11-24T21:30:09ZengUniversity of Banja Luka, Faculty of Economics Acta Economica1512-858X2232-738X2009-06-01710GLOBAL FINANCIAL CRISIS – STUMBLICK BLOCK OR OPPORTUNITY FOR BOSNIA AND HERZEGOVINA ON THE ROAD TO EUROPEAN UNIONМаријана П. Милић, M.Sc.0USAID PARE project 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. http://ae.ef.unibl.org/index.php/AE/article/view/245global financial crisis, agreement on stabilization and accessions, macroeconomic policy, Western Balkan’s countries, institutional underdevelopment, Global Competitive Index
collection DOAJ
language English
format Article
sources DOAJ
author Маријана П. Милић, M.Sc.
spellingShingle Маријана П. Милић, M.Sc.
GLOBAL FINANCIAL CRISIS – STUMBLICK BLOCK OR OPPORTUNITY FOR BOSNIA AND HERZEGOVINA ON THE ROAD TO EUROPEAN UNION
Acta Economica
global financial crisis, agreement on stabilization and accessions, macroeconomic policy, Western Balkan’s countries, institutional underdevelopment, Global Competitive Index
author_facet Маријана П. Милић, M.Sc.
author_sort Маријана П. Милић, M.Sc.
title GLOBAL FINANCIAL CRISIS – STUMBLICK BLOCK OR OPPORTUNITY FOR BOSNIA AND HERZEGOVINA ON THE ROAD TO EUROPEAN UNION
title_short GLOBAL FINANCIAL CRISIS – STUMBLICK BLOCK OR OPPORTUNITY FOR BOSNIA AND HERZEGOVINA ON THE ROAD TO EUROPEAN UNION
title_full GLOBAL FINANCIAL CRISIS – STUMBLICK BLOCK OR OPPORTUNITY FOR BOSNIA AND HERZEGOVINA ON THE ROAD TO EUROPEAN UNION
title_fullStr GLOBAL FINANCIAL CRISIS – STUMBLICK BLOCK OR OPPORTUNITY FOR BOSNIA AND HERZEGOVINA ON THE ROAD TO EUROPEAN UNION
title_full_unstemmed GLOBAL FINANCIAL CRISIS – STUMBLICK BLOCK OR OPPORTUNITY FOR BOSNIA AND HERZEGOVINA ON THE ROAD TO EUROPEAN UNION
title_sort global financial crisis – stumblick block or opportunity for bosnia and herzegovina on the road to european union
publisher University of Banja Luka, Faculty of Economics
series Acta Economica
issn 1512-858X
2232-738X
publishDate 2009-06-01
description 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.
topic global financial crisis, agreement on stabilization and accessions, macroeconomic policy, Western Balkan’s countries, institutional underdevelopment, Global Competitive Index
url http://ae.ef.unibl.org/index.php/AE/article/view/245
work_keys_str_mv AT mariǰanapmilićmsc globalfinancialcrisisstumblickblockoropportunityforbosniaandherzegovinaontheroadtoeuropeanunion
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