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Bosnia and Herzegovina’s Surprising Export Performance : Back to the Past in a New Veil but Will It Last?

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dc.contributor.authorKaminski, Bartlomiej
dc.contributor.authorNg, Francis
dc.date.accessioned2012-03-19T18:38:41Z
dc.date.available2012-03-19T18:38:41Z
dc.date.issued2010-01-01
dc.description.abstractBosnia and Herzegovina's industrial restructuring, as seen through the lenses of foreign trade performance and its sustainability, has taken off. Bosnia and Herzegovina s exports have displayed strong dynamics outstripping the pace of growth of exports in almost each year over 1997-2007 combined with the shift to higher value added exportables. Although its performance during the period 1996-2000 following the end of war in late 1995 was not surprising, given relatively low foreign direct investment inflows and weaknesses in the investment climate, its subsequent export performance has come as a surprise. Industrial restructuring, as revealed in the pattern of exports, consisted in rebuilding and modernizing the pre-independence industrial base built around wood products, metalworking, clothing, and automotive products. Although exports still remain relatively low in terms of both per capita and gross domestic product in comparison with other Balkan economies, there has been significant change in their composition, indicating a growing presence of more processed manufactures and the participation of local firms in global networks of production and distribution, mostly as independent suppliers. Firms with foreign participation have been one of the levers of export upgrading and expansion. The dominance of joint ventures as a mode of entry of foreign capital is worrisome for two reasons: first, domestic firms may not have access to the most recent technologies and knowhow; and second, it is always indicative of weaknesses of a domestic economic regime. This also raises concerns about the future sustainability of export performance.en
dc.identifierhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100315165156
dc.identifier.doi10.1596/1813-9450-5187
dc.identifier.urihttps://hdl.handle.net/10986/3724
dc.languageEnglish
dc.relation.ispartofseriesPolicy Research working paper ; no. WPS 5187
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectAGRICULTURAL EQUIPMENT
dc.subjectAGRICULTURAL PRODUCTS
dc.subjectAGRICULTURE
dc.subjectAPPAREL
dc.subjectBASE YEAR
dc.subjectBUSINESS CLIMATE
dc.subjectBUSINESS ENVIRONMENT
dc.subjectCENTRAL BANK
dc.subjectCENTRAL PLANNING
dc.subjectCOMPARATIVE ADVANTAGE
dc.subjectCOMPETITIVE ADVANTAGE
dc.subjectCOMPETITIVE MARKET
dc.subjectCOMPETITIVENESS
dc.subjectCONSUMER GOODS
dc.subjectCOST OF ENTRY
dc.subjectCOUNTRY OF ORIGIN
dc.subjectCUSTOMS
dc.subjectCUSTOMS DUTIES
dc.subjectDEVELOPED COUNTRIES
dc.subjectDEVELOPING COUNTRIES
dc.subjectDIRECT ACCESS
dc.subjectDIVERSIFICATION
dc.subjectDOMESTIC MARKETS
dc.subjectDOMESTIC PRODUCTION
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC POLICY
dc.subjectECONOMIC REFORMS
dc.subjectECONOMIC RELATIONS
dc.subjectECONOMIC RESEARCH
dc.subjectEXPORT BASKET
dc.subjectEXPORT BASKETS
dc.subjectEXPORT DYNAMICS
dc.subjectEXPORT EARNINGS
dc.subjectEXPORT GROWTH
dc.subjectEXPORT MARKET
dc.subjectEXPORT ORIENTATION
dc.subjectEXPORT PERFORMANCE
dc.subjectEXPORT SHARE
dc.subjectEXPORT SPECIALIZATION
dc.subjectEXPORT VALUE
dc.subjectEXPORTS
dc.subjectFACTOR ENDOWMENTS
dc.subjectFACTORS OF PRODUCTION
dc.subjectFATS
dc.subjectFINANCIAL SECTOR
dc.subjectFOREIGN CAPITAL
dc.subjectFOREIGN CURRENCY
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectFOREIGN FIRMS
dc.subjectFOREIGN INVESTMENT
dc.subjectFOREIGN OWNERS
dc.subjectFOREIGN OWNERSHIP
dc.subjectFOREIGN TRADE
dc.subjectFOREIGN TRADE POLICY
dc.subjectFOREST RESOURCES
dc.subjectFREE TRADE
dc.subjectFREE TRADE AGREEMENTS
dc.subjectGDP
dc.subjectGLOBAL MARKETS
dc.subjectGOVERNANCE INDICATORS
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectGROWTH RATE
dc.subjectGROWTH RATES
dc.subjectHUMAN CAPITAL
dc.subjectIMPORT DATA
dc.subjectIMPORT STATISTICS
dc.subjectIMPORTS
dc.subjectINDUSTRIAL RESTRUCTURING
dc.subjectINDUSTRIAL SECTOR
dc.subjectINDUSTRY TRADE
dc.subjectINFORMATION TECHNOLOGY
dc.subjectINSURANCE
dc.subjectINTANGIBLE
dc.subjectINTERMEDIATE GOODS
dc.subjectINTERNATIONAL TRADE
dc.subjectINVESTMENT CLIMATE
dc.subjectINVESTMENT DECISIONS
dc.subjectJOINT VENTURE
dc.subjectJOINT VENTURES
dc.subjectLEVEL OF PROCESSING
dc.subjectLIBERALIZATION
dc.subjectLIVING STANDARDS
dc.subjectLOGGING
dc.subjectMANUFACTURING INDUSTRY
dc.subjectMARKET SHARE
dc.subjectMIGA
dc.subjectMISMANAGEMENT
dc.subjectMULTINATIONAL CORPORATIONS
dc.subjectNATIONAL ECONOMY
dc.subjectNATURAL RESOURCE
dc.subjectNATURAL RESOURCES
dc.subjectNET EXPORTER
dc.subjectNET EXPORTERS
dc.subjectNET EXPORTS
dc.subjectOUTPUT
dc.subjectOUTSOURCING
dc.subjectPATTERN OF SPECIALIZATION
dc.subjectPENSION
dc.subjectPREFERENTIAL ACCESS
dc.subjectPREFERENTIAL PARTNERS
dc.subjectPRIVATIZATION
dc.subjectPRODUCERS
dc.subjectPROPERTY RIGHTS
dc.subjectREAL ESTATE
dc.subjectREGIONAL INTEGRATION
dc.subjectSHARE OF CAPITAL
dc.subjectSINGLE MARKET
dc.subjectSKILLED WORKERS
dc.subjectSUGAR
dc.subjectTARIFF POLICY
dc.subjectTECHNOLOGY TRANSFER
dc.subjectTELECOMMUNICATIONS
dc.subjectTERMS OF TRADE
dc.subjectTRADABLE GOODS
dc.subjectTRADE AGREEMENT
dc.subjectTRADE AGREEMENTS
dc.subjectTRADE BALANCE
dc.subjectTRADE CLASSIFICATION
dc.subjectTRADE DATA
dc.subjectTRADE FLOWS
dc.subjectTRADE PATTERNS
dc.subjectTRADE PERFORMANCE
dc.subjectTRADE POLICY
dc.subjectTRADE VALUE
dc.subjectTRADING BLOCS
dc.subjectTRANSFER OF TECHNOLOGY
dc.subjectTRANSFER TECHNOLOGY
dc.subjectTRANSITION COUNTRIES
dc.subjectTRANSITION ECONOMIES
dc.subjectUNSKILLED LABOR
dc.subjectVALUE ADDED
dc.subjectVALUE OF EXPORTS
dc.subjectVOLATILITY
dc.subjectWAGES
dc.subjectWHOLESALE TRADE
dc.subjectWORLD MARKETS
dc.subjectWORLD PRICES
dc.subjectWORLD TRADE
dc.titleBosnia and Herzegovina’s Surprising Export Performance : Back to the Past in a New Veil but Will It Last?en
dspace.entity.typePublication
okr.crossref.titleBosnia And Herzegovina's Surprising Export Performance : Back To The Past In A New Veil But Will It Last ?
okr.date.doiregistration2025-04-10T11:55:11.349269Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.docurlhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100315165156
okr.guid392741468200063320
okr.identifier.doi10.1596/1813-9450-5187
okr.identifier.externaldocumentum000158349_20100315165156
okr.identifier.internaldocumentum11942928
okr.identifier.reportWPS5187
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2010/03/15/000158349_20100315165156/Rendered/PDF/WPS5187.pdfen
okr.region.administrativeEurope and Central Asia
okr.region.administrativeEurope and Central Asia
okr.region.countryBosnia and Herzegovina
okr.region.geographicalEurope
okr.unitDevelopment Research Group (DECRG)
okr.volume1 of 1
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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