BUSINESS ENVIRONMENT IN BOSNIA AND HERZEGOVINA – ANALYSIS OF THE CURRENT SITUATION AND RECOMMENDATIONS FOR IMPROVEMENT Cover Image

ПОСЛОВНИ АМБИЈЕНТ У БОСНИ И ХЕРЦЕГОВИНИ – АНАЛИЗА ТЕКУЋЕГ СТАЊА И ПРЕПОРУКЕ ЗА УНАПРИЈЕЂЕЊЕ
BUSINESS ENVIRONMENT IN BOSNIA AND HERZEGOVINA – ANALYSIS OF THE CURRENT SITUATION AND RECOMMENDATIONS FOR IMPROVEMENT

Author(s): Miro Džakula, Bojan J. Danon
Subject(s): National Economy, Business Economy / Management, Political economy, Economic development
Published by: Економски факултет Универзитета у Бањој Луци
Keywords: business environment; factors of business environment;investments; politics; Doing Business-WB;

Summary/Abstract: Poor economic and social situation in Bosnia and Herzegovina; high unemployment rate, stagnation of GDP, week export/import ratio, uncultivated agricultural land, lack of domestic and foreign investments, all is pointing to importance of proffesional answering to the question in what condition is business environment in Bosnia and Herzegovina, which is the essence of the research problem in this paper. Using the methods of analysis, deduction and induction, based on World Bank’s publication „Doing Business” and other relevant data sources, this paper has undoubtedly confirmed main research hypothesis: The business environment in BiH is in poor condition and is among the worst in the region. Using the same methods, we have also confirmed supporting hypothesis: The political factor and political instability are major obstacles to the development of the business environment in BiH. In the last part of the paper, are given general recommendations for improving the economy and business environment in BiH.

  • Issue Year: 13/2015
  • Issue No: 22
  • Page Range: 191-211
  • Page Count: 21
  • Language: Serbian