CONTINUOUS DEFICIT INFLUENCE ON THE ECONOMIC GROWTH IN BOSNIA AND HERZEGOVINADr Hamid Alibašić
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Number 9 |
ABSTRACT
This article analyzes the foreign trade and globalization, the macroeconomic indicators of economic development of Bosnia and Herzegovina, as well as the fundamental question regarding the problem of continuous high deficits in our country. It examines the causes of this situation and tries to find adequate solutions. Within this framework, the focus of the analysis is the net export, coverage of import, exports from the region and developed countries in international trade, competitiveness of countries in the foreign exchange, factors of competitiveness of Bosnia and Herzegovina economy, the competitiveness of countries in the region and selected countries, previous activities of the Government of Bosnia and Herzegovina in solving the problem of deficit, emergency and medium-term measures and activities, as well as the possible effects of the proposed solutions concerning the prevention of high deficits in Bosnia and Herzegovina and achieving economic growth.
Keywords: foreign trade exchange, import, export, continuous deficit, economic growth, globalization.