engleski

The impact of european integration processes on the public finances and budgetary management in Bosnia and Herzegovina

The main objective of this paper is to determine the impact of the processes of European integration on public finances and budgetary management pursuant to the good experience and practice of the countries of Central and Eastern Europe that have passed through the demanding process of adjustment and implementation of reforms, and particularly on the basis of experience gained in the Republic of Croatia, which has gone through all the phases, from that of potential to actual candidate and then new EU member. In particular, there will be an analysis of the influence of the pre-accession phases on the management of the budget, the costs of reform and institutional adjustment, revenue and expenditures of the budget ; and the net financial effect of joining on the budgetary deficit and public debt of Bosnia and Herzegovina is evaluated. All the analyses and estimates in the presentation are done according to the assumption that in 2013 Bosnia and Herzegovina will attain the status of candidate for EU accession. The paper is a summary of the main findings and recommendations of a scientific project with the same title done for the Macroeconomic Analyses Department of Bosnia and Herzegovina.

European integration ; public finance ; management ; budget ; sustainability

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