BIH EKONOMIJA NAKON COVID-19 – IZMEĐU NADE I STRIJEPNJE
BIH ECONOMY AFTER COVID-19 - BETWEEN HOPE AND WORRY
Author(s): Nenad Novaković, Rajko MacuraSubject(s): National Economy, Health and medicine and law, Socio-Economic Research
Published by: INTERNACIONALNI UNIVERZITET TRAVNIK
Keywords: COVID-19 and economic trends; economic crisis in BiH; recovery measures;
Summary/Abstract: In 2019, the BiH economy entered a period of slowing economic activity, and in 2020 it entered a deep recession as a result of COVID-19. The real decline in GDP in the third quarter of 2020 was 6.3%. By September 2020, 30,000 people had lost their jobs. The current crisis has caused a drop in demand and losses of income. The recovery of the economy will depend on several factors: success in the fight against the pandemic, global economic trends and the measures taken by the BiH authorities in the economic recovery. The paper analyzes the key obstacles to overcoming the crisis and points out the need for systemic measures in order to animate the private sector and avoid an even deeper crisis.
Journal: ZBORNIK RADOVA INTERNACIONALNOG UNIVERZITETA TRAVNIK
- Issue Year: 10/2021
- Issue No: 21
- Page Range: 67-76
- Page Count: 10
- Language: Bosnian
