Investment Climate, Economic Recovery and Reconstruction Process: The Bosnian Case

Basit Öğe Kaydı
dc.contributor.authorHacioglu, Umit
dc.contributor.authorDincer, Hasan
dc.contributor.authorCelik, I. Erkan
dc.date.accessioned2024-03-13T10:33:37Z
dc.date.available2024-03-13T10:33:37Z
dc.date.issued2015
dc.departmentİstanbul Beykent Üniversitesien_US
dc.description.abstractFollowing the Dayton Accord in 1995, Bosnia and Herzegovina's economic infrastructure and 90% of its assets were destroyed according to World Bank estimates, and the estimated cost of this is about $20 billion. By the end of the war, the unemployment rate reached 90%. The World Bank and Non-governmental Organizations (NGOs) had an active role in the region to restructure the economy, and the unemployment ratio declined to around 30% following rapid economic growth. Studies illustrate that conflict, by its very nature, negatively affects the investment climate and the prosperity of the country. There is also a link between the unsatisfactory income levels and the risk of future conflicts. At conflict areas in the Balkans, international military action ensured short-term peace and stability particularly in Bosnia and Kosovo although long-term security and peace require economic stability and an active economic restructuring. In this study, the economic recovery and restructuring of Bosnia and Herzegovina have been analysed and the difficulties for the private sector are discussed. In addition to this, the contributions of the World Bank and NGOs in the recovery process are evaluated.en_US
dc.identifier.endpage123en_US
dc.identifier.issn1301-0549
dc.identifier.issue74en_US
dc.identifier.startpage97en_US
dc.identifier.urihttps://hdl.handle.net/20.500.12662/4051
dc.identifier.wosWOS:000367316000005en_US
dc.identifier.wosqualityQ4en_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.language.isotren_US
dc.publisherAhmet Yesevi Univen_US
dc.relation.ispartofBiligen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.subjectConflicten_US
dc.subjectEconomic Recoveryen_US
dc.subjectReconstructionen_US
dc.subjectBosnia and Herzegovinaen_US
dc.subjectWorld Banken_US
dc.subjectInvestment Climateen_US
dc.titleInvestment Climate, Economic Recovery and Reconstruction Process: The Bosnian Caseen_US
dc.typeArticleen_US

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