State and Perspectives for the Development of Small Economy in the Federation of Bosnia and Herzegovina Cover Image

Stanje i perspektive razvoja male privrede u Federaciji Bosne i Hercegovine
State and Perspectives for the Development of Small Economy in the Federation of Bosnia and Herzegovina

Author(s): Bahrija Umihanić, Sanjin Halimović, Jozo Bejić
Subject(s): Economy
Published by: Ekonomski fakultet - Univerzitet u Zenici
Keywords: small economy; entrepreneurship; business environment in the Federation of Bosnia and Herzegovina; institutional framework for entrepreneurship development

Summary/Abstract: On the basis of indicators of a macro-economic environment, international reports and analysis of development strategies relevant for business and development of small economy in the Federation of Bosnia and Herzegovina, the authors estimated the state of the small economy and on the basis of that indicated perspectives of its development in the future. The research topic is small economy subjects and their importance for employment. The research was directed towards the identification of key barriers for the development of the small economy of the Federation of Bosnia and Herzegovina. The research was implemented through the analysis of a number of relevant secondary data sources. The use of scientific analysis methods, synthesis, description, comparison and conclusions, enabled the authors to successfully identify the main barrier for the development of the small economy, and that is an insufficiently developed regulatory and institutional framework for the development of entrepreneurship and the small economy in the Federation of Bosnia and Herzegovina. A proposal for its establishment, identification of key institutions and their interconnection is schematically presented in the paper, which is its main achievement.

  • Issue Year: 2012
  • Issue No: 3
  • Page Range: 150-185
  • Page Count: 36
  • Language: Bosnian