The Structural Characteristics of the Economy of the Tuzla Canton in Promotion of Development of the Undeveloped Areas
The Structural Characteristics of the Economy of the Tuzla Canton in Promotion of Development of the Undeveloped Areas

Summary/Abstract: The paper analyzes the basic structural changes in the economy of the Tuzla Canton and their dynamic sequence. The focus of the research is on the problem of structural inequality of the main branches in the economy of the Tuzla Canton, primarily industry as leading, trade, traffic and construction. The overall goal of the work is to evaluate the economic development position of the Tuzla Canton in the cantonal economy and the possibilities of improving their development. The main goal in the paper is to bring closer the significance of regional policy by applying the model of the analysis of structural changes in the economy through which the development and improvement of the regionally backward parts - units of individual regional areas is carried out. The basic methods of comparison, induction and deduction will be applied by analyzing statistical indicators (indices, growth rates, participation rates, coefficients, averages, etc.). The results of the examination of the theoretical and empirical papers and the empirical analysis will be presented by the synthesis method. In addition to the introductory part, where the basis of the paper was presented, in the first part of the paper, some of the knowledge about regional development through the review of the existing literature was analyzed, while the second central part empirically explained the structural characteristics in the function of development improvement in the Tuzla Canton area. Conclusion contains the basic findings on the knowledge of the subject. The data analysis confirmed that in the Tuzla Canton area there is a high quality socio-economic basis for more intensive development and overcoming the problems of different developmental intensity, which is reflected in the structural changes of the Canton economy, which would effect the improvement of economic and economic well-being in the Tuzla Canton area. Some of the key objectives in various (possible) economic activities have been tematized, which ultimately should enable the development and improvement of the underdeveloped part of the Tuzla Canton area. Also, basic measures are followed that follow the process of implementation and execution of goals, and they represent the most important link in the development chain of underdeveloped municipalities of Tuzla Canton.

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