RELEVANT FACTORS FOR BUILDING COMPETITIVENESS OF MANUFACTURING INDUSTRY IN BOSNIA AND HERZEGOVINA

Economic Review

Merim Kasumović¹  Vildana Altumbabić² 

[1] Faculty of Economics, University of Tuzla, Bosnia and Herzegovina;Solana d.d. Tuzla, Bosnia and Herzegovina;

关键词: competitiveness;    relevantfactors of competitiveness;    manufacturing industry;    export competitiveness;   

DOI  :  

来源: DOAJ

【 摘 要 】

Competitiveness of an industry is conditioned by a number of different factors. These factors may beapartofmacroeconomicormicroeconomic competitiveness. In essence, macroeconomic competitiveness creates preconditions for generationofmicroeconomiccompetitiveness. Itisthereforeimportanttoidentifyrelevant factors for generation of industry competitivenessinordertopromotethe microeconomiccompetitivenessofanindustry through adequate macroeconomic competitivenessandindustrialpolicy.Inoften cases, the government creates industrial policies to encourage development of a particular industry, but these policies do not have targeted effects.Byidentifyingrelevantfactorsof industrial competitiveness, industrial policy will befocusedonthem,thusavoidingwasteof scarce resources and facilitating achievement of industrial policy objectives. This paper examines relevantfactorsofcompetitivenessofBosnia andHerzegovina’s(BiH)manufacturing industry in the period 2010-2017 as basis for its successfullong-termgrowthanddevelopment. These factors should be a focal point of industrialpolicymakersinBiHmanufacturing industry.

【 授权许可】

Unknown