Institutional efficiency as a function of export capability of small economies

  • Јовица Микеревић Indirect Taxation Authority of Bosnia and Herzegovina
Keywords: institutional efficiency, macroeconomic policy, trade instruments, export capacity, gross domestic product, gross national product

Abstract

Institutions and their efficiency are key factor towards strengthening of export capacities of small economies. Main responsibility for establishing these institutions and for their efficiency is up to the Government. Without institutions and their efficiency there is no export capacity, which has direct negative impact on the welfare of the citizens. Therefore, primary thing to do is to make an effort towards establishing missing institutions and at the same time efficiency growth of existing institutions through reform agenda on every level of government in Bosnia and Herzegovina in order to reduce the gap between import and export in Bosnia and Herzegovina as a small economy.

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Published
2016-07-31
How to Cite
Микеревић, Ј. (2016). Institutional efficiency as a function of export capability of small economies. Acta Economica, 14(25), 131-145. https://doi.org/10.7251/ACE1625131M
Section
Review article

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