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Dijana Grahovac
Zbornik Radova Ekonomskog Fakulteta u Isto?nom Sarajevu , 2011,
Abstract: Intensification of internationaltrade forced states to address the foreign policyissues in the field of international economiccooperation. In contemporary world economy andimpacts of globalization, trade should be the engineof economic development. The national economy islosing, in exchange for a higher standard. This is,of course, in planetary terms, and every state andeconomy is to fight for its position in theinternational market. How to use the modern trendsof the global economy for the economicdevelopment of Bosnia and Herzegovina? Successis possible only by a combination of opportunitiesoffered by global markets, and strategy of nationaleconomic policy for achieving macroeconomicstability by strengthening the factors of economicgrowth based on the growth of production forexport. Issues related to foreign trade deficitrequire creating an institutional environment fordiversified and competitive export sector, throughthe process of the structural reforms and marketliberalization. The authorities in Bosnia andHerzegovina must act through foreign trade andmacroeconomic policies in the country towardseconomic growth, price stability, to reduce thetrade deficit and revive the economy, whosesubjects will be able to know and equallyparticipate in market competition within the EU.Within the foreign policy great emphasis should beplaced on avoiding or at least mitigating thenegative effects of trade liberalization process, aswell as the compulsory process. Liberalizationincreases the gap between the rich and the poor,and certainly it can be transmitted on a globallevel, where there is always a possibility that theglobal open trade marginalizes each state.
Strategic quality management on business to business market in Bosnia and Herzegovina  [cached]
Zijada Rahimi?,Kenan U?tovi?
Business and Economic Horizons , 2011,
Abstract: Product and service quality has increasingly seen as a crucial factor of competitiveness, not only for individual companies, but for entire industries too. Using specific resources and capabilities companies can take a chance to delight their customers. This paper presents new sales model developed by authors, which includes all necessary steps related to sales process. Customer-Oriented Sales (COS) Model considers opportunity that company differentiates itself and become market leader. This paper includes research about companies engaged in B2B sale in Bosnia and Herzegovina and their willingness to use quality as differentiation tool. As a method of research we used data collection questionnaire. It is important to notice that the quality is not the purpose of itself. Investments in quality without recognition of customer needs can also be ineffective. Taking into account all anticipated results, we will make a conclusion about possibilities that companies’ incorporate COS Model in their business system.
Models for the evaluation of business excellence in capital market of Bosnia and Herzegovina  [PDF]
Almir Alihod?i?,Jasmina D?afi?
Singidunum Journal of Applied Sciences , 2012,
Abstract: It is always a problem to choose one or more indicators or to construct a model that reflects the achieved operating result. Companies all over the world have developed numerous models assessing excellence from various aspects in order to estimate the achieved operating result or overall business excellence. Applying most of the models requires data and estimation that are not available to investors. BEX model is primarily designed to assess business excellence enterprises in the capital market in Croatia. It is also possible to apply this model to all the other similar markets. This paper will be focused more on the possibility of applying the mentioned model in the capital market of Bosnia and Hercegovina., that is, to the most successful companies listed on the Sarajevo Stock Exchange but being a part of SASX – 10 index, and those listed on the Banja Luka Stock Exchange entering BIRS index
Autochthonous cheeses of Bosnia and Herzegovina  [cached]
Zlatan Sari?,Sonja Bijeljac
Mljekarstvo , 2003,
Abstract: Despite the migration of people towards cities, autochthonous cheeses in Bosnia and Herzegovina survived. Technologies of these cheeses are simple and adapted to humble mountain limitations. Geographical occasions and rich mountain pastures created a certain participation of ewe's milk cheeses. Communicative isolation of hilly-mountain regions resulted in "closed" cheese production in small households. Autochthonous cheeses in Bosnia and Herzegovina have various origins. Different cheeses are produced in different parts of Bosnia and Herzegovina. There are : Travni ki cheese, Masni (fat cheese), Presuka a, Sirac, Livanjski cheese, Posni (lean cheese), "Suvi" (dry cheese) or "Mje inski" full fat cheese matured in sheepskin bag, fresh sour milk cheese "Kiseli" and dried sour milk cheese "Kiseli", Zajednica, Basa, Kalenderova ki cheese and goat's milk cheeses (Hard and White soft goat's milk cheese), "Zarica" and Urda. Besides above-mentioned types of cheese in Bosnia and Herzegovina some other autochthonous dairy products are produced: Kajmak (Cream), Maslo (Rendered butter) and Zimsko kiselo mlijeko (Winter sour milk). The specificity in Bosnia and Herzegovina is that autochthonous dairy products are still mainly both produced and consumed in small rural households. Exceptions are Travni ki cheese and Kajmak that are significantly sold at market. Only Livanjski cheese is manufactured as industry dairy product.
Azra Zaimovi?
Economic Review : Journal of Economics and Business , 2012,
Abstract: The Sharpe-Lintner Capital Asset Pricing Model (CAPM) implies a simple linear equation for pricing risky financial assets, individually and in portfolios. CAPM finds that the relevant risk measure of individual financial assets held as a portion of a well-diversified portfolio is not a variance (or a standard deviation) of financial assets, as proposed by the Modern Portfolio Theory, but a contribution of financial assets to the portfolio variance, measured by the financial asset beta. Beta coefficient is the measure of the systematic risk of risky assets.This paper explores beta coefficients of stocks of the Bosnia and Herzegovina capital market. This capital market is new and underdeveloped, with a modest supply of securities and with a small number of marketable securities. It is interesting to explore whether the beta coefficients of domestic stocks are efficient and whether they could be used in portfolio management.The paper employs the OLS method to estimate the standard Sharpe-Linter CAPM model. As in most other new markets, this market has a non-synchronous trading problem, which determined the selection of the sample used in the econometric analysis. A representative sample of stocks with satisfactory marketability is analyzed over a five-year period, i.e. 2005–2009. The basic hypothesis of the research is: beta coefficient as a measure of systematic risk is a relevant risk measure for the capital market of Bosnia and Herzegovina. A special aim of the paper is to explore whether estimated models satisfy the presumptions of the linear regression model, which is being examined using a series of diagnostic tests. The results of this paper can be widely used and have significant implications for business purposes. Special attention is dedicated to estimating efficient beta coefficients that may be considered as reliable in a wide use of the CAPM model in financial practice.
Potential Utilization of Renewable Energy Resources for Electicity Generation in Bosnia and Herzegovina
Fajik Begi?,Anes Kazagi?
Thermal Science , 2005,
Abstract: Along with the current processes of restructuring of Energy power system of Bosnia and Herzegovina, liberalisation of the electricity market, and modernisation of the existing power plants, Bosnia and Herzegovina must turn to the utilisation of renewable resources in reasonable dynamics as well. Respecting this policy, the initial evaluation of the potential of renewable energy resources in Bosnia and Herzegovina is performed. The methodology of evaluation of wind energy utilisation is presented in this paper, as well as some other aspects of utilisation of the renewable energy resources in Bosnia and Herzegovina. Implementation of selected projects should improve sustainability of energy power production in Bosnia and Herzegovina, by reducing the total emission of carbon dioxide originated from energy power system of Bosnia and Herzegovina.
Distribution of industry in Bosnia and Herzegovina  [PDF]
Nurkovi? Rahman
Journal of the Geographical Institute Jovan Cvijic, SASA , 2007, DOI: 10.2298/ijgi0757357n
Abstract: Review of industry distribution in Bosnia and Herzegovina has been analyzed on the grounds of data on number of employees in industry and social product of industry achieved by settlements in Bosnia and Herzegovina. Three strong industrial regions have developed such as: Sarajevo, Zenica, Banja Luka, Mostar and Tuzla.
Lost in transition? Substance abuse and risk of labour market exclusion from youth to adulthood  [cached]
Torild Hammer,Christer Hyggen
Norsk Epidemiologi , 2011,
Abstract: Despite low levels of youth unemployment in Norway, concerns have been raised about the high numbers of youth in inactivity, receiving health related social security benefits. It is argued that parts of the system of social security may work as welfare traps. OECD recommends welfare policies with the overall aim of fostering youth employability, not benefit dependency. In this article we use a unique combination of register data and survey data from the panel survey “work, lifestyle and health”. This survey follows a representative sample of the cohorts born between 1965 and 1968 from 1985 through follow-ups in 1987, 1989, 1993 and 2003. This allows us to follow individual life trajectories from ages 17-20 to 35-39. The aim of the article is first to study the impact of substance abuse upon risk of receiving social assistance, since previous research has found that receiving social assistance increases the probability of labour market exclusion in adulthood. Second, we analyse the impact of receiving social assistance, to have mental health problems and substance abuse in youth and consequences for labour market integration in adulthood. Analyses reveal that neither cannabis use nor alcohol consumption in youth have a direct effect on the risk of labour market exclusion in adulthood. However, cannabis use increases the probability of receiving social assistance, which in turn increases risk of labour market exclusion in adulthood. Mental health problems in youth increase risk for later labour market exclusion, but these effects are mediated through factors like problem behaviour related to alcohol abuse and the use of illegal drugs other than cannabis. Receiving social assistance in youth has long time effects on the risk of labour market exclusion, especially for individuals from the lower socioeconomic groups.
Petar M Gvero,Gordana S Tica,Semin I Petrovi?,Sasa V Papuga
Thermal Science , 2010, DOI: tsci1003641g
Abstract: Bosnia and Herzegovina have significant physical potential regarding to renewable energy sources. Hydro, biomass, geothermal, wind, and solar potential can play important role in the whole state economy. Bosnia and Herzegovina is Non-Annex I country according to UNFCCC and according to that it is obligated to participate in the global efforts in order to reduce green house gases emission. This paper gives some analysis of the physical, technological, economic, and market potential of renewable energy sources in Bosnia and Herzegovina and their potential role in mitigation of climate changes. Paper also gives the analysis of the potential connections between renewable energy sources and sustainable development of the economy, taking in to consideration specific political structure of the state. Bosnia and Herzegovina is consisting from two entities: Republic of Srpska and Federation of Bosnia and Herzegovina, and Brcko District; energy sector and climate changes mitigation measures are under their jurisdiction. According to that some of this paper results can be useful for the improvement of entity and state strategies with the final aim to place renewable energy sources on the right position, as some of the major economy drivers, not only in Bosnia and Herzegovina, but in whole region.
Prospective of Bosnia and Herzegovina  [PDF]
Ma?i? Alma
Temida , 2004, DOI: 10.2298/tem0404007m
Abstract: In this paper current truth and reconciliation initiatives in Bosnia and Herzegovina are reviewed, with special emphasis on the activities of ICMP. Within the scope of its activities, ICMP has launched the implementation of the project "Paths to reconciliation", which is intended for the associations of the families of missing persons in the area of the former Yugoslavia. This project enables the missing families’ associations to confront themselves within their national environments through a series of workshops, before tackling the difficult and painful issues that burden every ethnic community. This project also opens the possibility to explore various options that will ensure the implementation of justice and open space for a dialog between victim groups on the regional and international level and to encourage the exchange of experiences in searching for the truth and building trust. In the future, better coordination of all activities and initiatives concerning the confrontation with the past ought to be established. Such initiatives should provide a place and space for war victims groups, other NGO-s and other segments of the civic society to give their recommendations for the resolution of their common problems and for further activities in this process.
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