Negative selection and moral hazard as causes to inefcient transition and tendency towards crisis in Bosnia and Herzegovina

Negative selection and moral hazard as causes to inefcient transition and tendency towards crisis in Bosnia and Herzegovina

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Bosnia and Herzegovina (BiH) is facing the consequences of inefficient transition (1), strategic concentration of economic development in large countries to detriment of the small ones (2), and economic crisis (3). This paper analyses the causes and the consequences of inefficient transition in BiH...

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Bibliographic Details
Main Author: Рајко Томаш
Format: Article
Language:English
Published: University of Banja Luka, Faculty of Economics 2013-02-01
Series:Acta Economica
Subjects:
transition
negative selection
moral hazard
asymmetric information
economic reforms
Online Access:http://ae.ef.unibl.org/index.php/AE/article/view/105

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