Bosnien und Herzegowina: unklare Verantwortlichkeiten und wirtschaftliche Konsequenzen
Bosnia and Herzegovina: Obscure Responsibilities and Economic Consequences

Summary/Abstract: Ten years after signing the Dayton Peace Accord 1995, the reform of Bosnia’s Constitution is high on the agenda. But the chance of any reform of the country's Constitution appears still limited. The political difficulties hampered the development of a vital private-sector economy. Privatisation was very slow and just recently picked up with the remarkable selling of the Zenica steel plant. New firms enter the market only rarely. The economic development stayed far below original forecasts. The international community has to bear a significant part of the responsibility. Its presence created an imbalance between well-designed strategies of highly paid advisers and the lack of political leadership. A reasonable exit strategy for the international community is needed to bring Bosnia on a politically and economically sustainable path. In the near future some strongly competitive firms acting under professional criteria may hopefully emerge. They could impose some kind of beneficial discipline on the local political class. This may help to break the vicious circle Bosnia has already been trying to get rid of for ten years.

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