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TRANSITION PROCESS AND THE ACCESSION OF BOSNIA AND HERZEGOVINA TO THE EUROPEAN UNION

By
Alisa Salkić ,
Alisa Salkić
Rajko Kasagić
Rajko Kasagić

Abstract

The position of Bosnia and Herzegovina in the transition process in order to become a member of the European Union is specific. Even if it's not her war-torn economy, at the end of that situation found itself in thankless position of the lost market in construction works, tourist services, cooperative cooperation in the metal industry, long jobs in the textile and footwear industry, with the working habits of the socialist self society. Adjustment of the economy to market laws, or fighting in the market competition with prominent businessmen of other countries is a long process. Therefore, inefficient enterprises has been removed from the market which caused a rise in the unemployment rate.In the process of transition Bosnia and Herzegovina enter certain efforts to harmonize legal acts with the EU law that ensures free movement of capital, labor, open market, copyright protection, a single foreign policy, judicial cooperation in suppression of corruption and other criminal activities.From the general social standpoint advantage of EU membership lies in the political reasons for the creation of conditions for effective functioning of the state and security reasons. Rope standpoint is of an economic nature, regarding opening of the market, expanding and deepening economic cooperation, which will create new jobs and increase the standard of living. It ensures the development of modern technology and knowledge.However, joining the EU leads to new costs by transfering of financial resources to the joint budget

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