ULOGA SUDIONIKA PRIVREDE U PROCESU KONVERGENCIJE PREMA EUROPSKOJ UNIJI
THE ROLE OF ECONOMIC PARTICIPANTS IN THE CONVERGENCE PROCESS TOWARDS THE EUROPEAN UNION

Summary/Abstract: The importance of converging economic variables towards the European Union is of great importance, both at the macro level and at the micro level. Testing variables at the macro level can researchers focus on the wrong direction when making a general conclusion on the degree of convergence of economic variables. Therefore, the examination of the convergence process must include a wider range of economic variables, in order to establish a fair and sufficiently measurable degree of convergence of the observed country towards the European Union. Legal, economic and finally political order is one of the important determinants of convergence or divergence in the process of examining economic variables. Legislation and regulation of the economy in Bosnia and Herzegovina, the economic criteria convergence and political complexities inside the country, slow down and reduce competition in the economy of Bosnia and Herzegovina in relation to the observed neighboring countries. Country, people and company, have reconciled their effects on micro and macro levels in order to achieve more effective and efficient circuit of an economy and closer to the development of the economy of the European Union.

• Details
• Contents