MONITORING OF THE EU REFORM AGENDA IN BOSNIA AND HERZEGOVINA

Sa？etak The Reform Agenda became a buzzword in the political life of Bosnia and Herzegovina since it became the European Union requirement in front of domestic authorities. The key idea is to open a way towards a modernisation of the economy and more efficient social protection system. To be implemented, the reform measures listed by the Reform Agenda are transposed into detailed Work Plans with concrete actions, and deadlines for implementation and adopted by national governments, whilst its monitoring remains a challenge. This research proposes construction of the Reform Index that will monitor the progress and impact of implemented policy measures. Such index should be able to periodically monitor the reforms, but also compare the situation in B&H with other countries. In order to draw comparisons, indicators used in constructing the Aggregate Reform Index are selected among those provided by various international institutions (e.g. World Bank, International Labor Organization, Heritage Foundation, Transparency International, etc.) that use specific measures for ranking the world countries according to a set criteria