Conditions and limitations of reindustrialization as a strategy for getting out of the crisis
Journal Title: Acta Economica - Year 2015, Vol 13, Issue 22
Abstract
The strategy of reindustrialization, especially of small countries, is one of exit strategies from the crisis. How long this process will take and what difficulties it will face with depends on the anatomy of the crisis of each country including the entire Western Balkans. The following factors are nominated as limiting in this paper: global processes, unsuccessful transition and inefficient institutions. The specificity of a small Balkan country, Bosnia and Herzegovina and the Republic of Srpska is the macro-economic stability and the insufficiency of public finances that threaten the sustainability of the pension system, health insurance and child protection, all of which adversely affect the economic and demographic picture of the Republic of Srpska and Bosnia and Herzegovina.
Authors and Affiliations
Драган Микеревић
Keywords
Related Articles
- EP ID EP43805
- DOI https://doi.org/10.7251/ACE1522083M
- Views 326
- Downloads 0
INVESTING INTO SCIENTIFIC RESEARCH AND ECONOMIC GROWTH
Creating a European Research Area (ERA) was defined as a strategic goal in the area of scientific research and technological development at the Lisbon Conference 2000. The Seventh Framework Programme for research and tec...
Opportunity for Sales Promotion Using the RFID Technology
Radio Frequency Identifcation (RFID) is a revolution in industrial control, because it has the potential to simplify and make more robust tracking of parts or part carriers through manufacture, storage, distribution, and...
Marketing analysis of the attractiveness of Bosnia and Herzegovina for foreign investors and role of marketing in their attracting
Nowadays, with an ongoing globalization, there is a specific form of competition between locations (countries, regions, municipalities and cities) in attracting people (especially highly educated and talented ones), comp...
BUYERS PORTFOLIO IN EXPORT AND INTERNATIONAL MANAGEMENT
The paper in front of you develops methodology for monitoring of company’s buyers located on the foreign markets by simultaneous monitoring of marketing and financial parameters – market share, share of buyer in total pr...
INVESTMENT FUNDS AND COMPANIES AS INSTITUTIONAL INVESTORS IN FINANCIAL MARKETS
Investment funds collect and invest funds in different kinds of assets to provide revenues and reduce investment risks. In practice, there are two types of investment funds: open and closed type of funds. Open investm...