Review article

CONVERGENCE OF BOSNIA AND HERZEGOVINA TOWARDS THE EU - APPLICATION OF COMPARATIVE ANALYSIS OF SECTORAL COMPLIANCE OF ECONOMIES

Edin Arnaut ; Sveučilište/Univerzitet "VITEZ", Vitez
Jelena Ljubas Ćurak orcid.org/0009-0006-8195-4050 ; Sveučilište/Univerzitet "VITEZ", Vitez

Abstract

Countries in transition which want to become members of the European Union, must achieve a certain degree of sectoral harmonization of the economy with the economy of the European Union in the function of convergence with the EU at the macroeconomic level. The aim of the research is to problematize the importance of meeting the conditions and criteria of convergence for accession to the European Union, the analysis of sectoral compatibility of the economy of Bosnia and Herzegovina with the economy of the European Union, the method of comparative analysis. In the continuation of the paper, a comparative analysis of the economic structure of Bosnia and Herzegovina and the economy of the European Union is presented, with the aim of determining their structural harmonization. The application of the Krugman Specialization Index and the Balassin Specialization Index will result in a clearer and more transparent comparative analysis of the structural alignment of the BiH economy with that of the European Union.

Keywords

comparative analysis, sectoral compliance, macroeconomic indicators, Krugman specialization index, Balassin specialization index, Bosnia and Herzegovina, EU.

Hrčak ID:

295051

URI

https://hrcak.srce.hr/295051

Publication date:

7.3.2023.

Article data in other languages: croatian

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