Abstract
The crisis of economy of Bosnia and Herzegovina is a perennial. For nearly a decade, the economy of B&H had been buffeted by global crisis after transitional crisis which has exacerbated some latent trends and initiated new ones. Its causes have been the external and internal, and it would exist without the global financial crisis. This paper aims to analyze economy of Bosnia and Herzegovina (B&H) and gives a critical overview of ongoing economic crisis in B&H by examining by foreign direct investments flows, trade performance indicators and remittances from abroad.Structure of the paper is given as follows: Section 2 deals with new economic trends and new developments in the countries of Western Balkans from the moment of their independence.Section 3 discusses the recent developments in economy of B&H and also it describes the main specific features of the overall trade performance indicators of Bosnia and Herzegovina for a last decade.Our findings show that the debt crisis in European Union-27 has indeed affected the countries of B&H to a particular degree through the downslide in the goods trade, unemployment is rising and purchasing power of food consumers is declining, which beside economic causes social and political problems.
Published Version
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