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Intensifying Efficacy of the Industrial Sector in the Function of Acceleration of Economic Growth in Bosnia and Herzegovina

Journal: TEM JOURNAL - Technology, Education, Management, Informatics (Vol.4, No. 1)

Publication Date:

Authors : ; ; ;

Page : 102-111

Keywords : economy; growth; industry; transition; accounting;

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Abstract

This paper provides a critical aspect of the position of the industrial sector in the transition economy of Bosnia and Herzegovina. If we observe sectors C-exploitation of coal and stone, D-processing industry, E-production and distribution of electric power, gas and steam, as per NACERev.1 classification, and sectors B-exploitation of coal and stone, C-processing industry, D-distribution of electric power, E-water, sanitation and recycling as per NACERev.2 classification, then from 2007 until 2012, their participation amounts to: 14.49%, 14.37%, 14.20%, 14.02%, 13.80%, 12.75% respectively. The paper observes the internal and the external reasons of the poor state of the industrial sector, and determines a possibility of its strengthening through recommendations that sum up results of the conducted research.

Last modified: 2015-06-24 02:37:26