Comparative Analysis of Credit Ratio of Czech and Bosnian and Herzegovinian Banking Sector Cover Image

Компаративна анализа кредитног рација банкарског сектора чешке и банкарског сектора Босне и Херцеговине
Comparative Analysis of Credit Ratio of Czech and Bosnian and Herzegovinian Banking Sector

Author(s): Nikola Kokotović
Subject(s): National Economy, Governance, Economic history, Economic policy, Financial Markets, Public Finances
Published by: Правни факултет Универзитета у Источном Сарајеву
Keywords: Credit ratio; Deposits; Loans; Banking; Public debt; The Czech Republic; Bosnia and Herzegovina;

Summary/Abstract: The basic rule in the social sciences is that only similar entities are to be compared. Bosnia and Herzegovina and the Czech Republic meet this requirement. Both their economies are small and open economies (small open economy). B&H has undergone a period of planned economy (until 1965), and until the 80s it operated in a regime of market-planned economy. Czech economy was tightly regulated, directional economy, part of the COMECON planning system (Council for Mutual Economic Assistance). In the early 90s both economies replaced planned allocation of funds with the market allocation of funds, chose capitalism and rejected the system of socialist socio-economic relations. The convergence of social organization should, by analogy, bring about convergence in the economic system and its subsystems.

  • Issue Year: 5/2014
  • Issue No: 1
  • Page Range: 67-79
  • Page Count: 13
  • Language: Serbian