Financial competitiveness of the economy Republic of Srpska

Authors

  • Саша Вученовић Faculty of Economics, University of Banja Luka
  • Драган Миловановић Faculty of Economics, University of Banja Luka
  • Милан Граховац Banja Luka Securities Exchange a.d. Banja Luka

DOI:

https://doi.org/10.7251/ACE1523049V

Abstract

The competitiveness of the economy including its earning capacity relative to other economies in the same or other countries, and its ability to attract investments and adjusting to the social and economic conditions. The paper presents an analysis of financial competitiveness of economy of the Republic of Srpska, by segment, of small, medium and large enterprises. In this regard, we have analysed the balance sheets and income statements of companies of the Republic of Srpska economy on the basis of data of the Agency for Intermediary, IT and financial services of the Republic of Srpska for the period 2012 to 2013. year. In this connection, the main problem of research as follows: „How much and what kind of financial competitiveness of the Republic of Srpska?” The main goal of this paper is to analyse the position of the Republic of Srpska companies according to various indicators of financial competitiveness. In small and medium enterprises of the Republic of Srpska in the period 2012-2013 . years there has been a growth of capital and reduction of total liabilities, or to improve the financial situation of small and medium enterprises of the Republic of Srpska. On the other side of the large enterprises of the Republic of Srpska in the period 2012-2013. years there was a reduction of capital and increase in total liabilities, or the deterioration of the financial position of large enterprises of the Republic of Srpska.

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Published

2015-07-31

How to Cite

Вученовић, С., Миловановић, Д., & Граховац, М. (2015). Financial competitiveness of the economy Republic of Srpska. Acta Economica, 13(23), 49–68. https://doi.org/10.7251/ACE1523049V

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