The Process of Transition in terms of Business Market Criterion of Domestic Enterprises in Function of Increasing Production and Export and Entire Cover Image

Proces tranzicije na tržišne kriterije poslovanja domaćih preduzeća u funkciji povećanja proizvodnje i izvoza i ukupnog kvaliteta ekonomije
The Process of Transition in terms of Business Market Criterion of Domestic Enterprises in Function of Increasing Production and Export and Entire

Author(s): Rifet Đogić
Subject(s): Economy
Published by: Univerzitet u Sarajevu
Keywords: quality of economy; effectiveness; efficiency; transition; reconstruction; privatisation

Summary/Abstract: Transitional process of Bosnian & Herzegovinian economy is becoming increasingly inefficient, and such phenomenon is occurring for three main reasons: (A) complexity of modern Bosnian & Herzegovinian constitution because of which are government representatives unable to resolve even some commonplace issues, let alone the significant transitional efforts, (B) our Balkanian primitivism has allowed us to become „lab rats“ for the international community, in a sense of unskilled „experts“ being named counselors for the transitional process and qualified populace disregarded, and (C) war outcome in a way of national companies being destroyed, devastated, marauded, with no existing market and reproductive ties to the outside, with an outdated technology, etc. Quality downfall is not stopped for the most companies in which transitional process remains unfinished. Economical quality of national companies is continuously going downhill consequentially to the actions of amateur managers who are not required to bear any responsibility for the unsuccessful business managing. Instead of personal responsibility, they are asked for nothing more than obedience and pursuance of parties constituting national government. Hence those same national companies, due to the low effectiveness and equally low efficiency, are producing constant losses which have to be compensated through the current national assets. The assets of the national companies are being perpetually derogated and allocated to private funds. Low economical quality and vulnerability in global market competing manifest themselves as consequences, and national economy in general is reaching a very difficult stage. Low lifestandard of the people is not helping either. Evidently, transition is becoming necessary.

  • Issue Year: XLVIII/2007
  • Issue No: 3-4
  • Page Range: 203-224
  • Page Count: 22
  • Language: Bosnian