MEASUREMENT OF COMPLEMENTARITY AND SIMILARITY OF THE STRUCTURE OF THE TRADE IN GOODS OF BOSNIA AND HERZEGOVINA WITHIN CEFTA, WITH SPECIAL EMPHASIS ON THE REPUBLIC OF SERBIA AND REPUBLIKA SRPSKA Cover Image

MJERENЈE KOMPLEMENTARNOSTI I SLIČNOSTI STRUKTURE ROBNE RAZMJENE BOSNE I HERCEGOVINE UNUTAR CEFTA-E, S POSEBNIM NAGLASKOM NA REPUBLIKU SRBIJU I REPUBLIKU SRPSKU
MEASUREMENT OF COMPLEMENTARITY AND SIMILARITY OF THE STRUCTURE OF THE TRADE IN GOODS OF BOSNIA AND HERZEGOVINA WITHIN CEFTA, WITH SPECIAL EMPHASIS ON THE REPUBLIC OF SERBIA AND REPUBLIKA SRPSKA

Author(s): Goran Ćetojević
Subject(s): Economy, National Economy, Supranational / Global Economy, Business Economy / Management, Public Finances
Published by: Visoka škola “CEPS – Centar za poslovne studije” Kiseljak
Keywords: Bosnia and Herzegovina; export competitiveness; EU membership; CEFTA; Reform Agenda; and export diversification;

Summary/Abstract: Bosnia and Herzegovina (BiH) finds itself at a turning point in its development, with a focus on its path towards European Union (EU) membership. Since 2015, BiH has made significant progress by signing the Stabilization and Association Agreement with the EU, adopting the Reform Agenda for 2018-2020, and obtaining permission to export dairy products to the EU. However, questions arise about BiH's export competitiveness and readiness for EU accession. Analyzing BiH's export competitiveness compared to CEFTA (Central European Free Trade Agreement) member countries is crucial. Despite a similar per capita Gross Domestic Product (GDP), BiH faces challenges in maintaining competitiveness in that market. While there is a lack of research on CEFTA beyond 2012, there are indications that member countries prioritize trade relations with the EU over intra-CEFTA trade due to their desire to join the EU. In conclusion, BiH must work on improving its export structure and diversifying production to achieve competitiveness within CEFTA and fulfill its goal of EU accession.

  • Issue Year: 2023
  • Issue No: 2
  • Page Range: 93-113
  • Page Count: 21
  • Language: Serbian