POLITICAL ANALYSIS: New Capitalist system of Bosnia and Herzegovina: Reform Agenda and Social Cohesion Model as its Instruments Cover Image

POLITICAL ANALYSIS: New Capitalist system of Bosnia and Herzegovina: Reform Agenda and Social Cohesion Model as its Instruments
POLITICAL ANALYSIS: New Capitalist system of Bosnia and Herzegovina: Reform Agenda and Social Cohesion Model as its Instruments

Author(s): Adisa Omerbegović Arapović
Subject(s): National Economy, Socio-Economic Research
Published by: Vanjskopolitička inicijativa BH
Summary/Abstract: After twenty five years of transition Bosnia and Herzegovina has failed to establish a coherent and recognizable model of capitalism. The political economy of the country is based on the combination of opposing elements of capitalist and socialist economic models. The underlying value choices are not based on the grounds of social consensus, thus resulting in the growing economic and social deviations, which are threatening the survival of existing social, economic and political order. The last answer by the political actors to these disturbances has been the Reform Agenda, serving as the package of reforms predominantly the social and economic ones. However, the Reform Agenda does not contribute enough in order to push the society towards the new value choices which are necessary to establish: a more just society, economic development and a control over capitalism. On the other hand, the Social Cohesion Model presents the unused instruments of the redistribution of income and fiscal democratization. By comparing the key elements of the Reform Agenda and Social Cohesion Model, this study provides alternative choices, which ultimately lead towards a different and a potentially more just social outcome, which is in the interest of the citizens and the raison d’État.

  • Page Count: 14
  • Publication Year: 2015
  • Language: English
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