COMPETITIVENESS OF BIH IN THE CONTEXT OF EUROPEAN AND GLOBAL INTEGRATIONS

Sa？etak In today's open and integrated world economy, the problem of competitiveness without doubt has a central place. It has shown that ever more intense competition in the conditions of all present globalisation is threatening to the survival, equaly, as of companies that are not able to transform, be inovative, productive and responsive to pressures from the environment, and as well whole national economies and communities. Bosnia and Herzegovina get a chance to improve national competitiveness through Stablisation and Association Agreement, ie. through the process of accession to the European family. Reforms that are necessary to happen are a good path to correct principles of global competitiveness and to create preconditions for economic sustainability, development and growth. However the role of the state, at the time of growing economic and political power of transnational mega-corporations, the devious development of technology, knowledge economy, despite numerous oppositions, is very important to balance development and to reduce negative consequences for unprepared and underdeveloped economies and national economies, which is also economy of BiH